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Showing posts with label Austerity Measyures. Show all posts
Showing posts with label Austerity Measyures. Show all posts

3/27/13

Cyprus Sets Up Tight Controls as Banks Prepare to Reopen

Cyprus‘s government announced severe restrictions Wednesday on access to the country’s bank accounts, hoping to curb what is nonetheless likely to be a rush to withdraw money when banks reopen on Thursday for the first time in nearly two weeks.

Read more: Cyprus Sets Up Tight Controls as Banks Prepare to Reopen - NYTimes.com