NICOSIA—Cypriot President Nicos Anastasiades said all capital controls on the island would be lifted by the end of the year, a step that would remove a symbol of his country’s isolation from the rest of the euro area.
The controls have been in place almost a year, since Cyprus agreed to a €10-billion bailout from its European partners and the International Monetary Fund in March 2013.
“The timeline is that we’ll lift…
See the original post here: After Crisis, Cyprus Looks Forward
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