BBC, REUTERS, TWITTER
NICOSIA – Banks in Cyprus have reopened Thursday after a two-week closure as the government was forced to accept a strict European Union rescue package to avoid bankrupcy.
As discussions between the EU and the International Monetary Fund took place, eventually culminating in Sunday night’s late bailout deal, the doors had remained shut amid tension over possibilities of large-scale withdrawals, says the BBC.
Customers still face restrictions on withdrawal limits.
Reuters reported that as some Cypriots queued, police were deployed as a precaution. But journalists and eyewitnesses said that the media was overstating the risk of unrest.
The Cyprus stock exchange remained closed on Thursday.
Convoy of trucks reportedly carrying tons of euros last night to prepare for the bank reopening #Cyprus twitter.com/ekathimerini/s…
— Kathimerini English(@ekathimerini) March 28, 2013
Another big queue here #cyprus twitter.com/willgoodbody/s…
— Will Goodbody (@willgoodbody) March 28, 2013
The moment one co-op bank branch opened at midday in Nicosia #cyprus #rtenews twitter.com/willgoodbody/s…
— Will Goodbody (@willgoodbody) March 28, 2013
Thumbs up for decent, dignified Cypriots in this very nasty situation. Seems the police wer enot needed afterall. #cyprus
— Nathan Morley (@nathanmorley) March 28, 2013
Man outside #Cyprus bank scolding international media over bank coverage, asks for solidarity with the people twitter.com/ekathimerini/s…
— Kathimerini English(@ekathimerini) March 28, 2013
Probably The Best Picture Of Journalists Trying To See A Bank Run In #Cyprus | #eurozone ow.ly/i/1MaAk
— rhbinvest tweets (@rhbinvest) March 28, 2013
