Cypriot banks reopen after 12 days
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Banks on the tax haven of Cyprus opened Thursday for the first time in 12 days amid the island’s continuing financial crisis.

Strict limits on the amount of money that could be withdrawn have been imposed – people will be able to withdraw 300 euros ($383) a day and no checks will be cashed – amid fears of a run on the banks.

Account holders showed up hours before the banks were due to open to get in line.

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