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  1. Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets

    EconomyMacroeconomy

    for easing capital controls. Stournaras revealed that the non-performing exposure (NPE) ratio... of overdue obligations Capital controls The second issue Stournaras touched upon in his speech to MPs... ease capital controls. The first measure relates to the abolition of the restrictions on “new” money

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  2. Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    reflects the negative sentiment due to the capital controls and bank holiday, according to BoG... - the recessionary impact from capital controls, with Greek officials and banks now forecasting a GDP

    6%
  3. Tsakalotos confident on meeting fiscal targets, sees capital controls being gradually relaxed

    EconomyProgramme

    will be on institutional and growth issues. Asked about the lifting of capital controls, he said... the early repayment of loans. Tsakalotos stressed that the lifting of capital controls is closely linked

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  4. S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
    Photo by Panayiotos Tzamaros

    Economy

    controls and reduced budgetary risks following decisions by the Council of State (CoS) became reality... capital controls without any adverse effects on bank deposits. The agency believes that this development

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  5. 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

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  6. 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

    6%
  7. 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

    6%
  8. 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

    6%
  9. 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

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  10. Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    The Greek government is said to be looking at tightening controls on movement, as recent instances of overcrowding have raised concerns that the existing lockdown measures are too easily flouted. Meanwhile, public health officials are having to address concerns about the adequacy of hospital

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