Bank of Cyprus in Nicosia, Cyprus, 28 March
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'Today we are passing a test', Cypriot MP says

The banks in Cyprus have re-opened almost two weeks after they were shut to prevent mass withdrawals while the country negotiated the terms of a 10 billion euro international bailout.

Strict controls have been imposed to prevent a bank run, with limits on the amount of cash which can be taken out, along with cheques and credit card transactions.

Tim Wilcox asked Prodromos Prodromou, an MP from the conservative Disy party, to give his views on the impact the current situation will have on the country.

  • 28 Mar 2013
  • From the section Europe
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