Cypriot banks resume normal trading

Banks in Cyprus have resumed normal trading hours after a two-week lockdown and a partial opening yesterday averted fears of a run on the banks.

The island agreed a €10bn bailout deal with the Troika this week, to save them from bankruptcy.

Small queues built up outside banks earlier, as banks opened for a second day under strict capital controls, which include a daily withdrawal limit of €300.

President Nicos Anastasiades thanked his people for their "maturity" after they queued patiently for limited cash on the first day of reopening yesterday.