The booming city of Paphos has managed to defend its title for being at the top of real estate sales to foreign buyers, surpassing Limassol which is a very popular investment destination particularly for Russians. But there is some criticism over some of the tools being used to attract buyers, namely the cash-for-passport scheme....
The three cases concerning the now-defunct Laiki Bank with regard the acquisition products by German Commerzabank, the reclassification of the Greek bonds held by Laiki, and the investment of Bank of Cyprus in Banca Transilvania...
