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Sunday, July 3, 2016

Emergency measure that feeds Greek crisis

[Capital controls limiting cash withdrawals to 420 euros per week have had a greater impact on businesses than individuals, with imports plunging 12.8 percent and exports by 11.7 percent]Call it the law of unintended consequences -- a measure to save Greece from the abyss of a default and crashing out of the eurozone now holds its economy in a stranglehold preventing its recovery.


READ THE ORIGINAL POST AT uk.news.yahoo.com