Bloomberg report says richest citizen could support state for a year

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Bloomberg report says richest citizen could...
 © CyprusMail 2018
Cyprus’ richest citizen could support the government financially for more than a year if it went bankrupt, Bloomberg said in a report.

According to an article published on Bloomerg’s website on Monday, tiled ‘What If the World’s Richest Paid for Government Spending?’, Cyprus would receive enough to last for more than a year.

Bloomerg’s ‘2018 Robin Hood Index’, took 49 countries with various political regimes and expenditure types and the richest individuals of each of these nations and compared their net worth as of end-December 2017 to the daily cost of running each...


This article was automatically added to our system 13-2-2018

Bloomberg report says richest citizen could support state for a year


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