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The Cyprus crisis will remain associated with a record in the history of the euro: the one of the largest transportation funds in small denominations.
The European Central Bank has conveyed 5 billion euros cash from Frankfurt to Nicosia yesterday to allow banks to the island to meet liquidity demand on Thursday, the day of reopening. They were closed since March 16. To ensure the security of the convoy, the five containers of new notes were labeled Treasuries.
They were transported by cargo plane. This morning they were escorted to banks by more than a hundred armed men, all monitored from the air by helicopter police. On the sidelines of the bailout, the ECB is committed to the Cyprus Central Bank to not let short of cash.

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