Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Cyprus - Capital Controls announced
2.50pm GMT :
• All savings accounts must run until their expiry date - with no early withdrawals allowed.
• Cashing of cheques will be suspended, but 'cheque deposits' will be allowed.
• Individuals will only be allowed to take €3,000 in cash on each trip out of the country.
• Cypriots will only be allowed to transfer up to €10,000 per quarter for fellow citizens who are studying abroad.
read on ......................
http://www.guardian.co.uk/business/2013/mar/27/eurozone-crisis-cyprus-capital-controls-banks
They will run for seven days and then I bet they'll be renewed.
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
Like anybody is going to deposit a cheque in a Cyprus bank. 