Long lines of mostly calm depositors formed outside the tiny island nation’s banks, which were reopening for the first time in nearly two weeks after an international bailout.
March 28, 2013 Customers queue outside a Bank of Cyprus branch as its doors open for the first time in two weeks in Nicosia, Cyprus. The Central Bank of Cyprus's capital controls will include a 300 euro ($383) daily limit on withdrawals, as well as restrictions on transfers to accounts outside the country. Tight controls on transactions were intended to prevent a run on deposits after the island nation was forced to accept a stringent rescue package from the European Union. Simon Dawson/Bloomberg News