Hi Kiko, thank you for bringing that up. Cyprus did have a good run. Cypriot Pound/Lira was pegged at 1:1 with GBP until the 70's and the transition to financial hub thanks to its English law and tourism helped to continue its economic growth until things took a turn.
Nitpick re purchasing power in EU; Cyprus Lira was one of the strongest (3rd) global currencies in the world, pre-EU membership in 2004
Hi Kiko, thank you for bringing that up. Cyprus did have a good run. Cypriot Pound/Lira was pegged at 1:1 with GBP until the 70's and the transition to financial hub thanks to its English law and tourism helped to continue its economic growth until things took a turn.
Thanks for your emails! Each of them delivers much needed updates right to my mailbox.
You are welcome Martin! Thank you for reading the update and for your support!
Thank you!
You are welcome! Thank you for reading!