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Cyprus
Comments
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vivatifosi wrote: »Interesting... Do you know the history of that Gen? I'm always fascinated by the circumstances that lead to such oddities.
Cyprus signed a double taxation treaty with the old USSR in the 80s and they treat wealthy foreigners pretty well.
AIUI, after that it also became a critical mass: Russians do business in Cyprus because there are good facilities for Russians to do business in Cyprus (Russian speaking lawyers, accountants etc). A bit like why London thrives as an international banking centre: because there are loads of bankers that live there!0 -
Watch for bailouts from Russian 'businessmen'. A lot of Russian business including pretty much all OTC share dealing is done via Cyprus.
Isn't there an angle for the Russians with that non country known as N.Cyprus?
Sort of convenient if you need to live outside of extradition?
Need to launder a way between the two parts of Cyprus?0 -
Eurozone member Cyprus has strongly hinted that it may have to apply for an international bailout before the end of this month, both for its banks and its general coffers.
Telegraph.co.uk
Well, unlike Spain, at least they are admitting that they will need one! :rotfl:There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
worldtraveller wrote: »
Well, unlike Spain, at least they are admitting that they will need one!
They probably won't get it then :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0
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