EXCLUSIVE-Greek cenbank recommends full lifting of capital controls

EXCLUSIVE-Greek cenbank recommends full lifting of capital controls
Image Credit: www.bankofgreece.gr
  • Country:
  • Greece

The Bank of Greece, the country's central bank, has recommended to the government the full lifting of capital controls imposed by the country to prevent a cash flight in 2015.

A senior official with knowledge of the matter told Reuters the central bank is conducting an impact assessment of the move. Full easing of the controls was expected in September or October, the source added.

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