Dep. Economy Minister: Time is ripe for lifting of capital controls in Greece

“A different climate is arising in the economy after the successful completion of the stress tests on Greek banks and conditions are now ripe for the lifting of capital controls. There is no reason to prolong their existence and this will help the inflow of capital and the course of the economy,” Deputy Economy Minister Stergios Pitsiorlas said on Monday, according to ANA.

Addressing a conference on “Investments in Greece and Development Prospect 2018″, he said the economic climate was improving in the country but noted that emphasis should be given on a dialogue with the labour movement, since social cohesion was crucial on the road to growth. He stressed that investments were a matter of climate, so that coordination by all sides was needed to fully exploit all available funds and further promote exports”.

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Photo Source: Wikimedia Commons Copyright: Dimboukas License: CC-BY-SA 

 

 

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