NICOSIA, Cyprus (AP) — Cyprus' president says all restrictions on money transfers and withdrawals for all banks that were imposed in the immediate aftermath of the country's painful financial rescue could be lifted by early next year.
Nicos Anastasiades says that he expects all restrictions on domestic business transactions to be removed by this year's end.
He said in an interview with private Sigma TV station on Wednesday that remaining limits on transferring money abroad could be eliminated by early 2014, depending on how well the lifting of domestic restrictions goes.
The restrictions were put in place to prevent a bank run after Cyprus' March bailout agreement with its European partners and the International Monetary Fund.
The deal forced uninsured depositors in the country's two biggest banks to take major losses on their savings.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
West Seneca and Tonawanda collect more money per capita than Amherst, which collects $2.6 million in court fines.
A car flipped onto its side during an accident on Dick Road in Depew between George Urban Boulevard and Walden.
In an effort to combat childhood obesity, a local school district is now banning a popular sweet treat.
Officers with three separate police agencies had to take cover early Wednesday morning when a man barricaded inside his home in Brant started shooting.
A sex offender has been arrested after he allegedly showed indecent material to a child under the age of 16.
Twenty-two-year-old Yaron Bernstein was last seen leaving a friend's apartment in Philadelphia three weeks ago. Bernstein has ties in Buffalo as well as Pittsburgh, Miami and New Jersey.