Govt to create national unit to implement financial sanctions

The government is to create a national unit for the implementation of financial sanctions, Finance Minister Makis Keravnos said on Wednesday.

Speaking after the day’s cabinet meeting, he said the unit will operate under the finance ministry’s auspices and will be tasked with “guiding and coordinating the implementation of financial sanctions with the competent supervisory authorities”.

In addition, he said, it will also “receive information and complaints about possible violations