Paphitis wrote:B25, I am very worried for you guys and for my kids too. That’s because when they are adults, the will not get to know Cyprus the way I got to know Cyprus.
In my opinion, better off being poorer than to lose your identity. You will not be able to buyback Cyprus no matter how much money or wealthy you are. It will be too late.
Worry all you like, Cyprus is not some frozen snapshot in a cute postcard that some expat and his kids can come and visit and eat his halloumi and leave while donkeys roam the countryside.
Cyprus has crawled out of a crisis that would have left most countries on its knees. Cyprus has survived an invasion and lost 1/3 of its territory where other nations would have been dependent on UN handouts for decades. Cyprus survived and is now prospering again. Cyprus is now becoming one of the largest hubs for international funds with over 7bn already under custody on the island after just 6 months of the program. Some of the worlds largest venture capital funds are now looking at Cyprus as the next Silicon Valley in order to deploy their capital and attract innovators from around the world.
Cyprus has succeeded where others have failed. Bullied and pushed around Cyprus has shut it’s ears to the threats and pushed ahead with the largest hydro carbon companies in the world. The results would be an unprecedented 80% addition to its own GDP.
Cyprus has pushed ahead time and time again, not thanks to those that left its shores for better conditions but because of those that stayed behind and the new additions that came along. So screw your quaint postcards and memories. This EU member is forging ahead with its new cities and new squares, and its new industries and its new hydrocarbon assets.
