Greek Capital Market Commission’s new president Haralambos Gotsis on Monday announced the lifting of all capital controls in stock market transactions.

Speaking to reporters, Gotsis said a ministerial decisions has already been signed and will be put in force immediately.

He said that he expected the full lifting of all capital controls within the second half of 2016 noting that in cooperation with the Athens Stock Exchange, incentives will be given to list new companies in the stock market and said that among the plans of capital market authority was to create a corporate bond market.