Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....
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....
