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Cyprus continues to grow as a year-round tourist destination, having consolidated its reputation as an island nation with amazing weather, delightful coastal resorts and fascinating historic sites.
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 ]
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 ...
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. [378] The United Nations considers the declaration of independence by Northern Cyprus as legally invalid.
The concern is that if Cyprus were to irrationally leave the shared currency union in an effort to print its way out of the current mess -- which may seem like an attractive option to unwitting ...
The following video is from Friday's Motley Fool Money roundtable discussion, in which host Chris Hill, and analysts James Early, Ron Gross, and Charly Travers take a look back at the most ...
Cyprus [f] (/ ˈ s aɪ p r ə s / ⓘ), officially the Republic of Cyprus, [g] is an island country in the eastern Mediterranean Sea. Although it is geographically located in West Asia, its cultural identity and geopolitical make-up are overwhelmingly Southeast European. It is the third largest and third most populous island in the Mediterranean.
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