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Cyprus On The Ropes,Which Country Will Become Next Tax Shelter? (Depositors desire :Western Law)
NPR ^ | March 27 2013 | NPR

Posted on 03/27/2013 4:17:15 PM PDT by NoLibZone

Robert Siegel talks to Joseph Cotterill, writer for the Financial Times, about what may happen if the European Union's bailout plan for Cyprus succeeds and which country may be poised to take on the role as the next Cayman Islands of Eastern Europe.

(Excerpt) Read more at npr.org ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Germany; Israel; Russia; United Kingdom
KEYWORDS: cyprus; europeanunion; germany; greece; israel; italy; russia; turkey; unitedkingdom
Tha factors that depositers look for is liberal tax laws and English Legal system.

yes They want Wesytern law.

1 posted on 03/27/2013 4:17:15 PM PDT by NoLibZone
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To: NoLibZone

Tha factors that depositors look for is liberal tax laws and English Legal system.

yes

They want Western law


2 posted on 03/27/2013 4:17:51 PM PDT by NoLibZone (I predict the exact same Freepers will hate the GOP Candidate for: 2016,2020,2024,2028, 2032.)
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To: NoLibZone

The depositors just got western law shoved up their a****.


3 posted on 03/27/2013 4:19:08 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: NoLibZone

Latvia?


4 posted on 03/27/2013 4:19:38 PM PDT by EEGator
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To: NoLibZone

Cyprus is a continuation of the Greek bailout.

The dues have been paid. There is no reason to go elsewhere. The reasons for deposits there are still in effect. The insurance fee is already paid


5 posted on 03/27/2013 4:22:27 PM PDT by bert ((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
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To: bert

Tell that to the Russian mob. They were ripped off twice. Maybe three times.


6 posted on 03/27/2013 4:42:47 PM PDT by justa-hairyape
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To: justa-hairyape
Tell that to the Russian mob. They were ripped off twice. Maybe three times.

Nah, evidence shows they were given the chance to sneak their money out of Cyprus this week to avoid any unpleasant incidents involving Eurocrats and sharp-tipped umbrellas. :)

7 posted on 03/27/2013 4:45:55 PM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: NoLibZone

Cyprus is under communist rule. How ironic, don’t you think?


8 posted on 03/27/2013 5:01:50 PM PDT by griswold3
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To: Mr. Jeeves

Yeah. No one ever got rich trying to steal from the Russian mob.


9 posted on 03/27/2013 5:43:40 PM PDT by justa-hairyape
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To: Mr. Jeeves

Correct.


10 posted on 03/27/2013 5:53:17 PM PDT by Texas Fossil
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