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Cypriot banks are scheduled to open on March 28 at noon local time, after being shut for 12 days while a bailout plan for Cyprus was devised. "Special security measures were taken" to avoid a bank run, the paper says, adding that —
because the banking sector must confront extraordinary circumstances, temporary measures have been adopted to regulate capital flows in the Republic. [...] All payments and transactions authorised since March 15 will be completed, but cheques will no longer be accepted. Each client will be allowed to withdraw €300 per day from his bank.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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