Last updated: March 29. 2013 6:36AM - 557 Views
Associated Press



People wait in line to enter a branch of the Bank of Cyprus in Nicosia, Thursday, March 28, 2013. Banks in Cyprus reopened to customers for the first time in nearly two weeks Thursday, albeit with strict restrictions on transactions, after being closed to prevent people withdrawing all their savings during the country’s acute financial crisis. Large lines had formed outside the banks ahead of the opening of banks for six hours from noon. (AP Photo/Petros Giannakouris)
People wait in line to enter a branch of the Bank of Cyprus in Nicosia, Thursday, March 28, 2013. Banks in Cyprus reopened to customers for the first time in nearly two weeks Thursday, albeit with strict restrictions on transactions, after being closed to prevent people withdrawing all their savings during the country’s acute financial crisis. Large lines had formed outside the banks ahead of the opening of banks for six hours from noon. (AP Photo/Petros Giannakouris)
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(AP) Banks in Cyprus are open for normal business for the second day, but with strict restrictions on how much money their clients can access, after being shut for nearly two weeks to prevent people from draining their accounts as the country's politicians sought a way out of an acute financial crisis.


Small lines formed outside some banks just after opening time, but most were gone by mid-morning Friday.


Capital controls have been imposed on transactions, however, meaning that people can only withdraw up to 300 euros a day in cash, and are limited in how much money they can transfer from their accounts. People leaving the country can only take a maximum 1,000 euros in cash with them, and credit card payments abroad are also limited.


Associated Press
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