Gold Magazine May - June 2013, Issue 26 | Page 6

EDITORIAL ISSUE 26 MAY 14 - JUNE 13, 2013 PRICE €4.95 5 291295 000577 00001 > POWERED BY: Change We Must DIAMONDS ARE FOR… CYPRUS? With a Diamond Exchange the island could rival Dubai, say experts N ow that the anti-bailout voices have had their say and the Troika-Cyprus agreement on a financial assistance package has nonetheless been approved by local and EU parliamentarians, it is finally time to move ahead with measures that will counteract the negative effects of many of the deal’s painful provisions. In this issue of Gold, we take a look at what has happened to the island through a variety of lenses and come up with some interesting proposals on how to “restart and rebrand” Cyprus, as Moscowbased Cypriot business consultant Markos Shiapanis aptly describes the process (page 34). One of the most fascinating ideas is the subject of