Our economics reporter Ben Southwood:
Cypriot banks are set to reopen at 12 noon local time today, staying open for just six hours after almost two weeks of shuttered doors. The European Central Bank sent banks trucks full of cash to service the expected demand.
G4S guards outsides many branches. Vans getting police escorts. No actual people. We think branches to open in 3 hrs twitter.com/faisalislam/st…— Faisal Islam (@faisalislam) March 28, 2013
@edconwaysky that's when the euros leave Cyprus, for sure— Katie Martin (@katie_martin_FX) March 27, 2013