Cyprus' banks opened without panic on Thursday (March 28) after a 10 day lockout as the government struggled to agree a €10 billion rescue package.
With no reports of disruption and with small, orderly queues reported across the island, President Nicos Anastasiades tweeted his gratitude praising Cypriots for "their maturity and collectedness" in responding to the crisis.
Anastasiades, who was elected President earlier in March, also agreed to an immediate 25 percent cut to his nea...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.