British military flies emergency cash to Cyprus to help military personnel and families

LONDON – British officials say a Royal Air Force plane carrying cash is travelling to Cyprus to provide contingency funds for possible use by British military personnel and their families.

Officials said Tuesday the plane is bringing € 1 million ($1,289,000) that can be loaned to military personnel in case the Mediterranean island’s cash machines and debit cards stop working.

Cyprus’ economy has been in turmoil since the harsh terms of a bank bailout were announced several days ago.