By: Benzinga
March 27, 2013 at 11:07 AM EDT
Cyprus Capital Controls to Freeze Deposits, Restrict Offshore Transfers
Cyprus is set to announce capital controls for its ailing banking system late Wednesday ahead of the banks reopening Thursday. Cypriot banks have remained closed for nearly two weeks as the nation is gripped by a financial crisis and has recently just accepted a draconian Troika bailout to ease its
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