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The effects of capital controls changed customer payment habits. Since the controls on withdrawals did not apply to the use of credit/debit cards to make purchases in Greek retail outlets, the average use of credit card transactions jumped from 4.5% to 19.5% in a relatively short time and up to 35% in supermarket transactions with more than 50% of people saying according to the Bank of Greece ...
The region was established in the 1987 administrative reform. With the 2010 Kallikratis plan, its powers and authority were redefined and extended.Along with Thessaly, it is supervised by the Decentralized Administration of Thessaly and Central Greece based at Larissa.
Capital controls were an integral part of the Bretton Woods system which emerged after World War II and lasted until the early 1970s. This period was the first time capital controls had been endorsed by mainstream economics. Capital controls were relatively easy to impose, in part because international capital markets were less active in ...
Central Greece (administrative region), a modern administrative region of Greece (περιφέρεια) established in 1987, with Lamia as its capital city Central Greece (geographic region) , a traditional geographic region of Greece (γεωγραφικό διαμέρισμα), comprising all of the modern administrative region of Central ...
The re-establishment of the imperial capital in Constantinople in 1261 was accompanied by the empire's recovery of much of the Greek peninsula, while the islands remained under Genoese and Venetian control. [68] During the Paleologi dynasty (1261–1453) a new era of Greek patriotism emerged accompanied by a turning back to ancient Greece.
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Mount Parnassus Nafpaktos. Central Greece is the most populous geographical region of Greece, with a population of 4,591,568 people, and covers an area of 24,818.3 km 2 (9,582.4 sq mi), making it the second-largest of the country.
In addition, capital controls introduce numerous distortions. Hence, there are few important countries with an effective system of capital controls, though by early 2010, there has been a movement among economists, policy makers and the International Monetary Fund back in favour of limited use.