Xinhua does not expect capital controls to be lifted soon in Greece

xinhuaChinese news agency Xinhua is not particularly optimistic regarding perspectives for the lift of capital controls imposed to Greek banks by former Finance Minister of Greece Yanis Varoufakis on 28 June 2015. As the article asserts, ‘ If Cyprus can be an example to judge by, Greece would need many months or even years to lift capital controls’.

The Xinhua article is available here.