Bank of Greece (BoG) government Yannis Stournaras on Monday stated that imposed capital controls in the country – enacted in late June 2015 – served as a type of “public good”, because, as he explained, they were imposed “not on a whim, but in order to stop the outflow of deposits.”
Stournaras, the former finance minister in the previous government, made the statements in an address to the Union of Greek Insurance Companies.
