Russia will lend 2.5 billion euros to Cyprus
08/11/2011 »

Cyprus Parliament has voted the first package of austerities
14/09/2011 »

Cyprus Parliament Adopts Amended Austerity Package
02/09/2011 »

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Where they can be used ?

To withdraw cash from ATMs and pay for services or purchases.

Problems that might occur:

the bank or store employees might refuse to accept payment or withdraw cash in case that they doubt the you are the real card owner.