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Thanks reopening today in cash strapped Cyprus but good lot taking money out because a host of restrictions now all -- keep that money there and the bank.
Rich -- is live in Cyprus for us with more good morning rich.
Good morning Ainsley -- for the first time in about a couple of weeks banks are opening in Cyprus in less than now about fifteen minutes here.
And those restrictions you just mentioned -- probably why there aren't that many folks waiting in line there still is -- check it out here.
-- two dozen votes they really only started lining up on out a half hour ago from here and that's probably because of these pretty strict capital restrictions.
That are in place take a look here you can only take out.
About 300 euros.
-- day for the next week that comes that's almost about 400 dollars you can't -- any -- there's a 3000 Euro limit on cash leaving the country.
And credit and debit charges.
Are capped at 5000 euros the central banks as the -- these restrictions in place for about the next week while they wait to get these bailouts finalize this is one of the banks.
The banks of Cyprus so that's part of this bailout deal will be what's called recapitalize -- going to take the good assets from another bank they're getting right up.
And they're gonna put it into this -- so this is a real test run here officials at the bank of Cyprus say they've got their fingers crossed.
They hope things will go well this morning as banks to set to -- here for the first time in about two weeks.
And about ten minutes.
-- jets and who is live press in Cyprus thanks so much stretch.
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