Greece is set to fully lift restrictions on companies and individuals sending money abroad. The removal of the capital controls, which were imposed in 2015 at the peak of the nation's debt problems to avoid a run on banks, will “send a message of stability after a decade of debt crises,” says Prime Minister Kyriakos Mitsotakis. It follows the 2018 removal of restrictions on cash withdrawals from bank accounts and transactions within the country.
Maria Tsifti评论了
Great News for Greece and its economic outlook as it continues to grow its tourism investments and new experiences for those visitng Greece.
Great News for Greece and its economic outlook as it continues to grow its tourism investments and new experiences for those visitng Greece.
Head of Brussels Office, Hellenic Federation of Employers to BusinessEurope
Today, the Greek Prime Minister announced the abolition of the remaining restrictions on the free movement of capital (as of 1 September), which had been imposed in June 2015 at the peak of the crisis. After having regained full access to the markets (at historically low levels), this decision sends another important signal that Greece is gradually returning to a normal state of affairs! https://lnkd.in/gn2gCsW
Greece economy set for accelerated growth due to tax cuts, lifting of capital controls, and reduction of gvt surplus target...
COO
Finally!!! That’s great news!