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>> THE RIVER Latest News

FEB 06, 2013 - Business Insider

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Smart Chinese Homebuyers Are Flooding The Tiny European Island Of Cyprus

One of the first things you see after landing at Larnaca airport is an advert for a property development company. It is in Chinese. It will soon be carnival time in the city of Pafos on the south-west coast of Cyprus – and this year theme is China. "Everything will be Chinese," says Pafos mayor, Savvas Vergas, in his office in the pretty, whitewashed city hall, fronted by classical Greek pillars. "Meals … folklore … Everything will be on Chinese culture." The carnival will be a way of celebrating a most unusual boom in a country which, like others in southern Europe, has ... Read More

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