塞浦路斯

Cypriots braced for tough bank restrictions

Cypriots were braced yesterday for the introduction of strict controls on withdrawing and transferring money from their bank accounts.

These fears accompanied Cyprus president Nicos Anastasiades, as he made a last-ditch attempt in Brussels – in talks running late into the night – to secure an international bailout to spare the country from bankruptcy.

The capital controls are expected to be in place tomorrow morning to prevent a run on Cypriot banks if and when they reopen after an 10-day closure that has brought the economy to a standstill.

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