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| Cyprus will not leave the euro, says president | Cyprus will not leave the euro, says president |
| (35 minutes later) | |
| Cyprus has no intention of the leaving the European single currency, the country's president says. | Cyprus has no intention of the leaving the European single currency, the country's president says. |
| President Nicos Anastasiades said: "In no way will we experiment with the future of our country". | President Nicos Anastasiades said: "In no way will we experiment with the future of our country". |
| He said the financial situation was "contained" following the 10bn euro bailout deal with the EU and IMF. | He said the financial situation was "contained" following the 10bn euro bailout deal with the EU and IMF. |
| Banks opened on Thursday for the first time in nearly two weeks amid severe new rules imposed as part of the bailout deal. | Banks opened on Thursday for the first time in nearly two weeks amid severe new rules imposed as part of the bailout deal. |
| Queues formed of people trying to access their money, but the mood was generally calm. | |
| By Friday, banks had returned to their normal working hours and there were no longer reports of big queues. | |
| Cyprus is the first eurozone member country to bring in capital controls as part of the conditions of the bailout, and to prevent a run on bank deposits. | |
| Foreign Minister Ioannis Kasoulides has said such controls - which include restrictions on cash withdrawals, money transfers and the movement of cash in and out of Cyprus - could remain in place for a month. | |
| Speaking in Nicosia on Friday, Mr Anastasiades accused other members of the eurozone of making "unprecedented demands that forced Cyprus to become an experiment". | |
| But he told a meeting of civil servants: "We have no intention of leaving the euro." | |
| "We have averted the risk of bankruptcy," he said. "The situation, despite the tragedy of it all, is contained." |