Get a life and quit relying on Topix for your social needs.Sparse financial regulation and light corporate taxes have made Cyprus a cash-stash haven for wealthy foreigners and businesses. The tiny islands financial sector is, indeed, enormous. Its roughly eight times its yearly economic output. Russia accounts for $31 billion in deposits alone. By contrast, Cyprus manages about $25 billion in gross domestic product.
Some of Cyprus lendersother eurozone countries, particularly Germanycriticized the island for being too reliant and too lax on where the deposits originate. Its assumed that much is connected to crime.
You spend the entire day here, yet claim to be ssssoooooo busy!!
You're a farce, Lily!!