So, its true that Cyprus sits on big gas and oil resources? The European Union has declined a parliamentarian request that Cryprus has noteworthy gas resources during the bail out discussions some time ago. They stated that it is not clear to which country the known resources belong. There are some countries which claim the resources including Turkey, Israel, Cryprus and even Lebanon.
Small money is o.k here, anything under 100k after that I would diversify my assets anyway if I had that much, not keep millions in a bank account. What is a good investment here is to buy agricultural land when the Gas boom comes in the next 4-5 years One could roi nicely from some land plots.
