The radical leftist SYRIZA government took a major step on Friday in loosening capital controls, allowing bank transfers abroad by Greece-based businesses by up to 50,000 euros a day.

Bank of Greece gov. Yannis Stournaras added that conditions for businesses are improving and authorities aim to resolve pending issues within the next 10 days.

“As far as approvals are concerned, we are now very close to the monthly imports the Greek economy was registering before the crisis,” he told local business leaders.