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  1. Three months on from imposition of capital controls, some restrictions being relaxed

    Economy

    Three months after the imposition of capital controls on June 29, the Finance Ministry outlined on Monday the restrictions or relaxations that are currently in effect. Although the daily withdrawal limit for Greek bank customers remains unchanged, there is a gradual return to some kind of normality

    3%
  2. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    controls on June 29. Retail volume recorded a broadly similar movement as it declined by 7.3

    3%
  3. Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
    Photo by EU Council via Flickr https://flic.kr/p/q4fbAG

    EconomyProgramme

    of capital controls, which was flagged up by the Bank of Greece governor Yannis Stournaras in a speech

    3%
  4. HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls

    EconomyBanking

    of the Greek banking index particularly after the imposition of capital controls and bank

    3%
  5. Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows

    EconomyMacroeconomy

    The significant increase in the use of debit and credit cards after the imposition of capital controls in July 2015 is having a positive impact on VAT revenues by improving collectability, the Bank of Greece (BoG) concludes in its interim monetary policy report published last Friday. In contrast

    3%
  6. Trust in Greek banking system shaky, survey suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    capital controls, those surveyed believed the full lifting of the measures would take around 3 to 4 years. Specifically, 59 percent of individuals surveyed did not expect capital controls to be lifted... of businesses expressed the same opinion. Upon the lifting of capital controls, 46 percent of those

    2%
  7. Newsletter 37 - 31/07/2015

    Newsletters

    can put the growing tension within SYRIZA aside for a few weeks. The toll of capital controls Restrictions have hit smallest to largest businesses The imposition of capital controls a month ago has... and Entrepreneurship (ESEE) on the first ten days after the imposition of capital controls found total retail

    2%
  8. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    ’ liquidity, asset quality and capital base, while also showing why capital controls must be avoided... Grexit or the imposition of capital controls if the government does not clinch an agreement..., particularly if the NPL formation deteriorates for a prolonged period. Capital controls Amid extended

    2%
  9. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    The imposition of capital controls accompanied by a bank holiday for 6 working days starting from... controls’ legislative decree, the daily withdrawal limit from the ATMs was set at 60 euros per card..., citing funding issues that arose due to the capital controls. This is mainly attributed to revenues

    2%
  10. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    ) has shown. The study, titled “Digital payments after capital controls: Support measures and tax revenues” looked at electronic modes of payments (EMP) which increased after capital controls, and how they could be further boosted. It tracks the imposition of capital controls, along with their gradual

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