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Life after the Fall: The Aftermath of the Cypriot Banking Collapse

From spiegel.de

Cypriots are paying a high price for the collapse of their banking system. A leading lawyer, a real estate broker and a bar owner have already begun the process of searching for a future -- for themselves, their companies and their country. The sun is rising over Cyprus, the temperature is 22 degrees Celsius (72 degrees Fahrenheit) and the air feels like silk. On a morning like this, Pavlos Loizou, who works with his father in one of the island nation's largest real estate firms, would normally get into his silver Land Rover, rush over to Limassol or Larnaca, appraise building lots, take happy customers out to lunch ... (full story)

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  • Category: Breaking News