Search
-
BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankingon the evolution of Greek banks’ deposits since the imposition of capital controls at the end of June 2015... was the provision of the legal framework of capital controls that allowed repatriated funds to be transferred... withdrawals and the administrative controls on transfers abroad mainly burdened corporates rather than
4% -
BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomycontrols. The bank notes that the contraction of credit to nonfinancial entities appears to be bottoming... to small- and medium-sized enterprises (SMEs, 60.7). Capital controls remain a problem although measures have been taken to relax them. The continuation of measures to lift capital controls along
4% -
Government bets on big energy headlines while pledging discipline at the pump
PoliticsGreek Politicsand highlights the weakness of his foreign policy stance towards Turkey. Price controls On a more prosaic level... by announcing price controls on fuel and essential groceries. PM Kyriakos Mitsotakis said...” rather than effective price controls.
4% -
Debt relief or debt restructuring for Greece?
Agoraresult was the implosion of the banking sector and the first-time introduction of capital controls for a member of the euro area. These controls have now been in place for nine months and show no signs
4% -
A macroeconomic assessment of the Cypriot economy after the haircut
Agoraforeign depositors and the foreign business sector (also by opening up capital controls for foreigners... of liquidity in an economy with limited money supply growth and in the presence of capital controls
4% -
Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsit leading to a default or the imposition of capital controls. Dragasakis was visibly upset by Dijsselbloem’s suggestion this week that Greece may soon have to impose capital controls, as Cyprus did
4% -
Newsletter 25 - 08/05/2015
with the result that he wants, the country will have to live with the consequences of capital controls... that is in such a fragile state and so reliant on cash, imposing capital controls would be the equivalent
4% -
Where has the money withdrawn from Greek banks gone?
Agoraboxes amid increased fears about the imposition of capital controls or the collapse of talks between... if an agreement with official creditors is clinched soon, which would also banish fears of capital controls
4% -
Alexis's choice
Agorato live with the consequences of capital controls for some time to come (Cyprus needed two years before... capital controls would be the equivalent of trying to drive a three-wheeled car uphill
4% -
Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek Politicsto growing uncertainty and speculation about capital controls, the prospect of a deal not being approved... has so far denied any plans to impose capital controls and the Bank of Greece did not ask this week
4%