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Cyprus making 'superhuman' effort to reopen banks by Thursday

The head of the Cypriot central bank has said that "superhuman" efforts are being made to open the country's banks on Thursday.

Banks in the country have been shut for more than a week as a controversial bailout was negotiated, which will see depositors take losses.

"We have to restore the public's trust in banks," Panicos Demetriades said.

Meanwhile, the BBC has learned that Cyprus is planning to impose a weekly limit on cash withdrawals.

Nigel Cassidy reports.

  • 26 Mar 2013
  • From the section Europe
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