Tag Archives: Banks in Cyprus

With pictures : Cyprus banks reopen

Cyprus banks reopen

A man walks in front of a Bank of Cyprus Photograph: Bogdan Cristel/Reuters     Banks in Cyprus have reopened after a two-week closure amid EU-IMF bailout talks, with orderly queues for cash and strict limits on daily withdrawals. Cyprus needs to raise 5.8bn euros ($7.4bn; £4.9bn) to qualify for a 10bn-euro bailout from the European Commission, European Central Bank …

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