ECONOMY

Cyprus capital controls likely to be eliminated soon

Cyprus’s central bank chief says he expects all restrictions on bank money transfers and withdrawals to be lifted by the end of the year.

Panicos Demetriades says most, if not all, domestic capital controls are likely to be eliminated in the next few weeks.

[AP]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.