Paphos Life

By Elias Hazou and Philippe OrphanidesRussia's finance ministry said Monday it would initiate a process to scrap an agreement with Cyprus aimed at avoiding double taxation - after talks to modify the deal apparently failed - and that legal changes would make it more profitable for people to transfer money back to Russia....

Read the article and chat about it below...

Yes, I read something about that. Is it also tit-for -tat perhaps, as the EU is believed to be leaning heavily on Cyprus with regard to reducing the cash for passports scheme which they think is facilitating the laundering of funds?

Dee