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Cyprus prepares money controls before banks reopen

Nicosia, Cyprus, Cyprus, how much the authorities are preparing to depositors can remove their account bank reopening day limit.
A bank official said on Wednesday - on condition of anonymity, because these measures has not officially announced from the country's two biggest lenders - they include mass transfer limitations, in order to avoid running.
But the authorities are looking for to improve the daily withdrawal limit from 100 euros to 300 euros ($130 from $130,), in order to help enterprise wage payment will be allowed.
Restrictions will be kept for at least a week.
Bank has closed nearly two weeks, as politicians seek a plans to raise funds, would be consistent with the country's international bailout loans.



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