Cypriot President Nicos Anastasiades on Monday said that the country's central bank has placed restrictions on bank withdrawals, adding that the measure would only be temporary, dpa reported. " The central bank will apply restrictions, but this will only be temporary until the situation normalize and returns to calm," he said. " Cyprus was on the brink of collapse but with tough negotiations we reached a solution to avoid the collapse of the country," he said of his country's bailout agreement.
