Public services · Banking
Transfers across the Line
Report card / Public services / Banking
Living in the northObstructed40/100
The European Commission's twenty-second Green Line report, covering 2025, records that funds still cannot be transferred between banks in the government-controlled areas and banks in the north, and that this continued to hamper Green Line trade. The same report names restrictions imposed by the Turkish Central Bank on Turkish banks cooperating with banks in the Republic as a further complication.12
Basis and sources
Legal anchor Directive 2014/92/EU; Green Line Regulation (EC) No 866/2004
Sources for this criterion
- 1. Twentieth report on the implementation of Council Regulation (EC) No 866/2004, covering 1 January to 31 December 2023A — primary / documentary · European Commission · 2024-07-04
- 2. Twenty-second Green Line Regulation report, COM(2026) 324 final (covering 2025)A — primary / documentary · European Commission · 2026-06-30
Sources
- Twentieth report on the implementation of Council Regulation (EC) No 866/2004, covering 1 January to 31 December 2023A — primary / documentaryThe European Commission's twentieth annual report on implementation of the Green Line Regulation, covering 2023.COM(2024) 265 final, Brussels, 4 July 2024https://commission.europa.eu/document/download/6d75c643-ca97-44ff-a2d0-7d452a729423_en?filename=COM_2024_265_1_EN_ACT_part1_v3_0.pdf
- Twenty-second Green Line Regulation report, COM(2026) 324 final (covering 2025)A — primary / documentaryThe European Commission's twenty-second annual report to the Council on implementation of the Green Line Regulation, COM(2026) 324 final.Twenty-second report on the implementation of Council Regulation (EC) No 866/2004, COM(2026) 324 final, 30 June 2026, covering 1 January-31 December 2025https://commission.europa.eu/document/download/7e0f3950-fcfa-49a1-913c-fe6ce245141f_en?filename=COM_2026_324_1_EN_ACT_part1_v4.pdf