Ivan Watson: Cyprus banks reopen under tight security and strict 'draconian' measures, but 'situation's pretty calm'

FROM CNNMONEY: For the first time since the euro was launched on Jan 1, 1999, a member country has restricted how much money individuals and companies can take across its borders. The tiny island nation put the extensive measures in place to prevent a run on its banks as they reopened around noon local time … Continue reading Ivan Watson: Cyprus banks reopen under tight security and strict 'draconian' measures, but 'situation's pretty calm'