Arab Today, arab today bank closures in greek cyprus causes market shocks
Last Updated : GMT 10:47:06
Arab Today, arab today
Arab Today, arab today

Bank closures in Greek Cyprus causes market shocks

Arab Today, arab today

Arab Today, arab today Bank closures in Greek Cyprus causes market shocks

Lefkosa - Anadolu

The need for cash money has reached drastic points after banks in the Greek Cypriot administration remain closed on Tuesday as part of restructuring of financial organizations based on an agreement reached with the EU and IMF delegation. At a time when everyone expected banks to reopen on Tuesday, the continuation of the closure of banks in the Greek Cypriot administration caused a shock in the Greek Cypriot market. Greek Cypriots waiting for the banks to reopen and meet their needs were all disappointed when the banks did not reopen on Tuesday. Greek Cypriot police took security measures in front of bank branches in order to prevent possible attacks on the banks. A 52-year-old resident of Lefkosa, Haris Stavrakis underlined that the market in Greek Cypriot administration completely died out due to lack of cash money. "We can not write checks, use credit cards, or pay bills as we need cash money. We have become a 'third class country'. The banks need to reopen in one way or another," Stavrakis said. 38-year-old Harilaos has said that the banks have been closed for the past 10 days. "There are bills to be paid and children's school expenses. They all must be paid. The banks need to reopen on Thursday. We can not survive for long unless the banks reopened," Harilaos also said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bank closures in greek cyprus causes market shocks Arab Today, arab today bank closures in greek cyprus causes market shocks

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday