Bank of Cyprus
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Cyprus crisis: Banks to reopen after bailout deal

Banks in Cyprus are to reopen amid tight security on Thursday, 10 days after they closed to prevent a bank run as a controversial bailout was negotiated.

Banks will open their doors between noon and 18:00 local time (10:00-16:00 GMT), the Cypriot central bank said.

Customers will also be limited to withdrawing 300 euros ($383; £253) a day, to prevent everyone fleeing with their savings.

Beth McLeod reports.

  • 28 Mar 2013
  • From the section Europe
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