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Cyprus Capital Controls to Freeze Deposits, Restrict Offshore Transfers
Wednesday, March 27, 2013 - 11:07am | 717Cyprus 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...