Cypriot capital controls 'will last a matter of weeks'

Cypriot finance minister Michael Sarris. Credit: Reuters

The Cypriot finance minister Michael Sarris has said he thinks capital controls will last "a matter of weeks" in an interview with the BBC.


UK customers escape bank levy

Around 15,000 savers in the UK arm of stricken Cypriot bank Laiki will see their deposits protected under British rules and will escape the Cyprus banking levy.