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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
Worship of pre-Hellenic fertility deities in Cyprus began in the Neolithic period (6th millennium BCE). Paphos was the site of one of the oldest Mycenean settlements. In the 12th century BCE, they built a dedicated temple to Aphrodite , the goddess of love and beauty, who was born on the island, according to classical mythology .
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.
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.
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 ...
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 ...
NICOSIA (Reuters) -Cyprus reacted with incredulity on Thursday to warnings from Lebanon's Hezbollah that the island could be dragged into conflict if tensions with Israel blew up into a fully ...