Home / Articles & Videos / ‘There is no future here in Cyprus’

‘There is no future here in Cyprus’

 
“The idea of dipping into bank accounts is the ultimate taboo,” said John Leonidou, a local newspaper reporter. “As a commercial centre, we’ve been destroyed. We are effectively no longer a tax haven.

“Companies will fear this happening again and will take their money out. We’ll have to pull off a miracle to bring back our credibility.”

As Cypriots face financial meltdown, amid accusations of betrayal by their partners in the European Union, the shopping malls and boutiques of Nicosia are offering discounts of up to 50pc.

Read the complete article at The Telegraph here.

# Here you can see WHY it’s crucial to own physical gold & silver now, and HOW you can buy [and sell] it.

See also:

Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Translate »