ECB source: No need for Greek capital controls

FXStreet (Bali) - Over the weekend, an unnamed ECB source, via Reuters, said that the Central Bank sees no need for Greek capital controls following last Friday's pre-agreement for a loan extension with the Eurogroup.

The ECB source mentioned by Reuters, also notes that the CB is ready to reintroduce waiver for Greek collateral once it assessed that the Greek programme is likely to have a satisfactory conclusion.