Greece Eases Capital Controls as It Keeps Eyes on Bailout Exit

(Bloomberg) -- While Italy and Spain revive memories of the euro area’s debt crisis, Greece remains focused on an August bailout exit.

The country which was at the epicenter of the region’s financial storm eased more of the restrictions on capital movements put in place in 2015, Greece’s Finance Ministry said on Thursday. New rules double the amount Greeks can withdraw from banks as the government tries to phase out controls completely and persuade investors that it has left the crisis behind.

©2018 Bloomberg L.P.

Stay Updated With OnWeb News On BloombergQuint