About: capital controls
Greece ends capital controls after 50 months
The Greek government fully lifted the capital controls introduced during the crisis in 2015 on Monday (26 August), in a sign of its growing economic confidence following the end of the bailout programme last year.
Greek business chief: German elections no excuse to defer Greek debt talks
The German government should not use the upcoming national elections as an excuse to defer discussions over Greece's debt, Konstantinos Michalos said in an interview with EURACTIV.com.
The IMF discovers the downside of neoliberalism
Three IMF economists have signed a letter in which they say that neoliberal policies, in particular the opening of capital markets and austerity, have been “oversold”. EURACTIV’s partner La Tribune reports.
Economist: Greek capital controls won’t be lifted before mid-2016
The capital controls imposed on Greek banks were unavoidable, and will not be lifted before the second quarter of 2016, Dr Nikolaos Georgikopoulos said in an interview with EURACTIV Greece. VideoPromoted content
Cyprus crisis: banks to re-open Thursday, but remain controlled
Amid concerns of a possible bank run, Cyprus is requiring banks to stay closed until Thursday. The Cypriot authorities will also limit access to bank accounts and movement of cash out of the island. It is the first time capital controls are being applied within the euro area and comes after Cyprus sealed a deal with the EU and the IMF on Monday to avoid bankruptcy and a potential euro exit.
Cyprus banks to re-open Thursday, but remain controlled
The full extent and duration of capital controls measures to be introduced by Cyprus to prevent cash flight from the island remained unclear yesterday (25 March), as the European Commission launched a task force to help ease the island’s plight. VideoPromoted content