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Economy

Vultures Circle Over Cyprus – Will Bailout Deal Spell Doom For Island Nation?

NICOSIA – The festival atmosphere on this sunny morning in Nicosia doesn’t match the bad vibes coming out of Brussels. The Faneromeni church in the heart of Cyprus’s capital is decked out with garlands made of hundreds of blue and white Greek flags and Cypriot flags with the shape of the island nation depicted in […]

Categories
Economy

Cyprus Bailout Has Strings Attached – Well, It’s About Time

It’s the failure of an entire business model, not just a few banks. Who might be next?

Categories
Economy

A Visit To The Island Nation Of Cyprus, Europe’s Dodgy New Fiscal Haven

NICOSIA – The moment you arrive in Cyprus you sense something about the little eastern Mediterranean island that sets it apart from its European neighbors. There are an unusual number of men in suits carrying briefcases. And the bright billboards on the streets leading from the airport have Cyrillic writing on them. Some of the […]

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