So, What’s It Like To Have a Business in Cyprus Right Now?

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Lew Rockwell Blog
March 29, 2013

Here’s an account (literally):

Writes the owner:

The most of circulating assets on our business Current Account are blocked.

Over 700k of expropriated money will be used to repay country’s debt. Probably we will get back about 20% of this amount in 6-7 years.

I’m not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.

The business is definitely ruined, all Cypriot workers to be fired.

We are moving to small Caribbean country where authorities have more respect to people’s assets. Also we are thinking about using Bitcoin to pay wages and for payments between our partners.

This article was posted: Friday, March 29, 2013 at 6:22 am

Tags: , , ,







Infowars.com Videos:

Comment on this article

Comments are closed.


Watch the News

FEATURED VIDEOS
Feds Desperate to Hide Harry Reid Link to Bundy Land Grab See the rest on the Alex Jones YouTube channel.

Communist Manifesto: A Graduated Income Tax See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.