About: capital controls

Economy & Jobs 26-08-2019

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.
Konstantinos Michalos
Banking union 14-10-2016

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.
Euro & Finance 31-05-2016

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.
Euro & Finance 28-08-2015

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.
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Economy & Jobs 26-03-2013

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.
Euro & Finance 26-03-2013

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.
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Economy & Jobs 12-06-2012

EU discuss Greek exit plans

Limiting cash withdrawals, imposing capital controls or introducing border checks. These are the 3 main measures that the EU could implement if Greece decides to leave the euro. According to the news agency Reuters, EU finance officials have been discussing a so-called "contingency plan" ahead of the Greek elections next Sunday. As political uncertainty grows in Athens, The European Commission on Tuesday insisted that there is no Plan B for Greece and they are working towards keeping Greece in the euro zone.

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