Greece started loosening restrictions on foreign transfers by businesses on Friday, unblocking imports held up after the country introduced capital controls last month. "The daily limit (on money transfers) has been raised to 100,000 euros (£70,668) from 50,000 euros," central bank governor Yannis Stournaras told reporters, adding that this covered almost 70 percent of requests. Greek businesses have been hit by limits on transferring money abroad to pay for imports of raw material and other items since capital controls started on June 29, and have had to apply to a special committee for permission to pay their foreign suppliers, a time-consuming process.
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