Greek Capital Controls Baked In as Firms Store Cash Abroad

Updated on

(Bloomberg) -- Greece is seeing capital flow out of its banks at an alarming rate. Since November, $31 billion has been withdrawn by businesses and households. One way to stop this could be Cyprus-style capital controls. But will the Greek people accept such bitter medicine? Bloomberg's Tom Gibson reports. (Source: Bloomberg)

George Alevizos knows what it’s like to live with capital controls.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.