Harris Georgiadese says Cyprus now attracting substance, not deposits

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Harris Georgiadese says Cyprus now attracting...
 © BusinessMail 2020
By Stelios Orphanides

Finance Minister Harris Georgiades said that Cyprus’s economy has displayed “resilience and adaptability”, following the 2013 banking crisis, which helped the economy recover at a faster than expected pace.

Cyprus’s business-services model, which aimed at attracting “companies with presence in bank deposits was a model that ran its course,” Georgiades told a group of international lawyers, members of the International Jurists network in Limassol on Friday.

Cyprus is both “attractive and competitive” enough to lure...


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Harris Georgiadese says Cyprus now attracting substance, not deposits


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Article Tags: harris, georgiadese, cyprus, attracting, substance, deposits,