A second Decree has been published with some modifications to the temporary restrictive measures on transactions. The Central Bank of Cyprus will closely monitor developments and make appropriate adjustments to ensure the stability of the financial sector. In this content:…
In order to safeguard the stability of the Cypriot banking system, it was deemed necessary to implement interim restrictive measures, which will gradually be lifted upon assessment of the situation. The temporary restrictions are: 1. The maximum amount of cash…