Greek government seeks total lifting of capitol controls

Greece’s Finance Ministry has announced that the Mitsotakis government has ready the provisions on the total lifting of the capital controls, approximately 4.5 years after their imposition and expects the green light from the institution to proceed immediately with the lifting of the last capital restrictions.

According to the Ministry’s announcement, the specific provisions were drawn in collaboration with the Bank of Greece.

At the same time, the Finance Ministry is preparing for the 4th post memorandum evaluation that will start after the Eurogroup meeting on September 13. The technical groups of the institutions are expected to be in Athens on September 16 and the heads of the institution on September 23.