Cyprus ends money transfer restrictions

The Cypriot finance ministry signalled on 6 April 2015 it planned to bring back financial normality by scrapping capital controls, two years after they were imposed to halt a banking meltdown.

Cyprus president Nicos Anastasiades had already suggested this move during the previous week.

ESO: Background information: Statement by the European Commission on the capital controls imposed by the Republic of Cyprus http://www.europeansources.info/record/press-release-statement-by-the-european-commission-on-the-capital-controls-imposed-by-the-republic-of-cyprus/

EUObserver, 07.04.15: Cyprus lifts last capital controls after two years https://euobserver.com/economic/128244

Cyprus Mail, 06.04.15: Business sector lauds lifting of capital controls http://cyprus-mail.com/2015/04/06/business-sector-lauds-lifting-of-capital-controls/

BBC News, 06.04.15: Cyprus lifts all capital controls as banks recover http://www.bbc.co.uk/news/world-europe-32194092

ESO: Background information: Living with a 10 billion euro bailout – the story from the streets of Cyprus http://www.europeansources.info/record/living-with-a-10-billion-euro-bailout-the-story-from-the-streets-of-cyprus/

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