Greece to fully lift capital controls imposed during bailout chaos @ Forex Factory

Greece to fully lift capital controls imposed during bailout chaos

From reuters.com

Greece is fully lifting its remaining capital controls, Prime Minister Kyriakos Mitsotakis said on Monday, in a move signaling the economy’s continuing return to stability after the tumult of three international bailouts since 2010. “From today, capital controls are a thing of the past,” Mitsotakis told lawmakers in parliament. Athens imposed capital controls in June 2015, when Greece was embroiled in a dispute with lenders over how to prop up an economy overwhelmed by a mountain of debt and its banks were bleeding cash. At the time, the European Central Bank decided to pull the plug on emergency funding to ... (full story)

Finally! One more up Euro haters out there ...

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