Greek FinMin discusses ways to ease capital control restrictions

Greek Finance Minister Nikos Christodoulakis discussed ways to relax restrictions on capital movement and banking transactions in a meeting with the Deputy Governor of the country’s central bank, Theodoros Mitrakos, on Wednesday.

The issues reviewed were how to speed up bureaucratic procedures for imports and exports, assist businesses and households in their economic transactions and increase market liquidity.

“The proposals were examined by the Approval Committee of Banking Transactions for their immediate implementation,” the finance ministry said in a statement.

The meeting was also attended by the representative of the Greek banks’ association, Ioannis Mourgelas.


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