G. Stathakis: The government is discussing a road map on loosening capital controls

The government is discussing a road map on loosening capital controls, Economy Minister George Stathakis said in an interview with Star TV late on Monday.

Stathakis underlined that the participation of the Greek banks in ECB quantitative easing programme, the new development fund and the new NSRF programme will contribute to boosting growth rates adding that bureaucratic procedures will be further simplified and the institutions framework for public contracts will be restructured.

The Economy Minister stressed that Greece is based on human resources with high skills and these investments are focused on small and medium entrepreneurship as well as innovative entrepreneurship.

Moreover, he said that the government decided to proceed with significant tax and pension reforms in order to avoid salary and pension cuts.

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