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Tourism in Cyprus occupies a dominant position in the country's economy, [1] [2] and has significantly impacted its culture and multicultural development throughout the years. [ 3 ] [ 4 ] In 2006, the tourism industry made up 10.7% of the country's GDP and the total employment in the tourism industry was estimated at 113,000 jobs. [ 5 ]
This Mediterranean island is an excellent year-round holiday destination, with balmy winters and warm summers
Ayia Napa is the largest tourist resort in Cyprus, with a 27,000-person-bed capacity and more than 175 hotels and apartments of all sizes. In 2017, the resort received over 700,000 tourists and accommodated 5 million overnight stays, [26] representing approximately 30% of all Cyprus overnight stays. [27]
The first visit of a Spanish president to Cyprus was that of José María Aznar, in February 2002, when he reiterated, on behalf of the European Union (presided over then by Spain), the validity of the agreements adopted at the Helsinki summit in 1991 to negotiate the accession of Cyprus, even if the reunification of the two areas in which the ...
Today, the island is divided into a southern portion, governed by Greek Cypriots and internationally recognized, and a northern portion, run by a Turkish Cypriot government and recognized only by ...
Whether or not Cyprus is able to satisfy its obligations under the bailout -- which, in turn, would release the flow of international funds -- is not merely a test of the tiny island.
Cyprus has been divided into a southern (Greek) and northern (Turkish) region since the Turkish invasion of northern Cyprus on July 20, 1974. Northern Cyprus is not generally recognized by the international community as a sovereign state. [380] The United Nations considers the declaration of independence by Northern Cyprus as legally invalid.
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