Mitsotakis announced full lifting of capital controls in Greece


Prime Minister Kyriakos Mitsotakis announced that capital controls imposed in June, 2015, following the Tsipras’ administration’s botched negotiations with Greece’s creditors and EU have as of today fully lifted.

“Today I am announcing that yet another of our electoral platform pledges is being implemented and indeed ahead of schedule. In cooperation with the Bank of Greece we are completely restoring normalcy in the movement of capital. At last today a protracted cycle of insecurity is ending definitively and a new cycle for Greece’s future is beginning,” the PM said.

Naturally, the move was preceded by the requisite approval of the European Central Bank.