23 May 2012 Cyprus: when will the pain stop? (slide download)

Speech given to the accountants’ organization ICPAC outlining several pessimistic scenarios for Cyprus, including disaster for Laiki, a rise in VAT to 18% (already surpassed), corporate tax rate of 12.5% (happened), an unemployment rate of 20% (almost happened) and Turkey taking advantage (thankfully did not happen). Download here.