Cyprus banks could stay closed until Tuesday March 26th according to sources
SourceNewsquawk
SectionEconomic Commentary
Says:
- Capital-control plans necessary contingency for when banks open.
- Contingency plans include limit on daily bank transactions.
- Under capital-control plans border checks for cash over certain amount will be introduced.
- Cyprus banks could stay closed until Tuesday March 26th according to sources
- Plans are in place to fly in EUR notes from other countries to feed Cyprus ATMs.
- Control plans could be in place for weeks.
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