over the counter, as well as an agreement on the Greek debt, which will reduce the uncertainty, bet the management of the domestic banks, in order to save the objectives of the year for enhancing the levels of liquidity.
In a further relaxation of the capital controls is expected to move the government in the coming period, according to information cited by the Daily journal.
The same information indicate that will be given full freedom of movement in the “new money”, i.e. in deposits return to the banking system, as well as on imports. In more detail each new euro outside the banking system (mattresses, lockers, etc.) you will return to the banks as deposit will be free to move without any limitation. In terms of trade for imports, you won’t need special approval up to a limit, probably € 50,000.
In accordance with the staffers of the banks, it is the first essential step limitation of capital controls, a necessary element to strengthen the confidence, improve liquidity, and the return of the economy on a positive trajectory. The aim of the government is the relaxation of the restrictions to be done quickly after the reset of the exemption (waiver) from the ECB, which is expected to take place in the meeting of the board.P. the ΕυÏωτÏάπεζας next Thursday 2 June.
Changing the capital control – Removal of all restrictions for…
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