BBC: Cyprus finance ministers are planning to impose a weekly limit on cash withdrawals, the BBC has learned.
The country's draft capital controls include export limits on euros and a ban on cashing cheques, says Newsnight economics editor Paul Mason.
In addition, fixed-term deposits will have to be held until maturity.
Cyprus's finance minister earlier confirmed that depositors with more than 100,000 euros could see 40% of their funds converted into bank shares.
But Michalis Sarris also said that Cypriot depositors with less than 100,000 euros in their accounts "will not be hit". » | Tuesday, March 26, 2013
