Gold Magazine April - May 2013, Issue 25 | Page 31

I am sure that others writing on these pages will do an excellent job of highlighting the benefits that Cyprus still offers international business despite the best efforts of our friends in Europe and the IMF, so I should like to make some more general observations on the current situation. We are going through uncharted waters and it seems that every day new and graver consequences of the decisions taken in Brussels regarding our country emerge. Many people in Cyprus face great hardship and I fear that, for a time at least, things will get worse as the effects of the new measures are felt. Our economy and our very nation have suffered a major blow and we must rebuild them both. We can emerge from the ruins and return to prosperity, but it will require a concerted effort from all of us. It is also important that we seek to understand the reasons for our downfall so as to avoid becoming vulnerable again. By Andreas Q