Since then, the restrictions have eased considerably, also on the back of progress in various areas, notably the recapitalisation of Greek banks towards the end of 2015 and the recent successful completion of the first review. This latter fact will allow us to proceed to a further, albeit always cautious, relaxation of restrictions.
Throughout this period, the Bank of Greece has been working closely with the Ministry of Finance on developing a roadmap towards gradually lifting restrictions in line with progress in achieving important milestones for the Greek economy.