According to the Finance Minister, Cyprus has proved pessimists wrong

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Finance Minister of Cyprus, Mr Harris Georgiades has stated that the island has proved naysayers wrong regarding Cyprus as an attractive investment destination following the banking sector crash and the real estate collapse four years ago. He went onto praise the governmental reforms in the banking sector, welfare, and tax administration, which have effectively restored confidence and the conditions of stability in Cyprus, and the regaining of trust within the global market.