THE ROLE OF CAPITAL CONTROLS IN THE PERIOD OF THE ECONOMIC CRISIS: HOW WAS THE GREEK TRADING CULTURE BEEN FORMED?

Panagiotis Liargovas, Athanasios Anastasiou, Dimitrios Komninos () and Zacharias Dermatis

Noble International Journal of Economics and Financial Research, 2019, vol. 4, issue 8, 76-82

Abstract: The implementation of the measure to restrict free movement of capital and cash for the first time in our country on 28th June 2015 is an interesting subject for research and further analysis. Also, with the introduction of plastic money in daily transactions, a new landscape is formed in the Greek trading culture. In particular, the use of e-banking in citizens’ transactions as well as the use of POS (Point Of Sale) devices has increased considerably. Payments by electronic transactions have become part of everyday consumers . This created a favorable environment for the transition from cash transactions to electronic card transactions, thus helping to reduce tax evasion and increase public revenues.

Keywords: Capital Controls; Electronic Payments; Tax Evasion; Collectability; VAT. (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.napublisher.org/pdf-files/NIJEFR-4(8)-76-82.pdf (application/pdf)
https://www.napublisher.org/?ic=journal&journal=5&month=08-2019&issue=8&volume=4 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nap:nijefr:2019:p:76-82

Access Statistics for this article

Noble International Journal of Economics and Financial Research is currently edited by Dr. Elif Akben-Selcuk

More articles in Noble International Journal of Economics and Financial Research from Noble Academic Publsiher Flat 290 B N Block Model Town, Lahore, Punjab, Pakistan.
Bibliographic data for series maintained by Managing Editor ( this e-mail address is bad, please contact ).