Thursday April 9, 2020

RAF sends plane load of emergency cash to Cyprus

Britain’s Royal Air Force has dispatched a plane loaded with cash to Cyprus in case of a collapse of the island’s banking system, according to a report.

19th March, 2013
Cyprus' economy has been in turmoil since the harsh terms of a bank bailout were announced several days ago.

Britain’s Royal Air Force has dispatched a plane loaded with cash to Cyprus in case of a collapse of the island’s banking system, according to a report on newswire AP.

The cash will be used to provide contingency funds for possible use by British military personnel and their families on the island. British officials said on Tuesday the plane is bringing €1 million that can be loaned to military personnel in...

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