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Page "Economy of Cyprus" ¶ 2
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Cyprus and has
A map of Cyprus in the later Bronze Age ( such as is given by J. L. Myres and M. O. Richter in Catalogue of the Cyprus Museum ) shows more than 25 settlements in and about the Mesaorea district alone, of which one, that at Enkomi, near the site of Salamis, has yielded the richest Aegean treasure in precious metal found outside Mycenae.
Thus the " Aegean Area " has now come to mean the Archipelago with Crete and Cyprus, the Hellenic peninsula with the Ionian islands, and Western Anatolia.
It is located south of Asia Minor, the Anatolian peninsula of the Asian ( or Eurasian ) mainland ( now part of modern-day Turkey ), so it may be included in Western Asia or the Middle East: At a confluence of Western Asia, Southern Europe, and Northern Africa, Cyprus has had lengthy periods of mainly Greek and intermittent Anatolian, Levantine, Byzantine, and Western European influences.
Since 1974, the internationally recognised Republic of Cyprus has controlled the south two thirds, and the Turkish Republic of Northern Cyprus the northern one-third.
The Government of the Republic of Cyprus has continued as the sole internationally-recognized authority on the island ( as well as the UK being internationally recognized with respect to the SBAs ), though in practice its power extends only to the government controlled area.
Cyprus has been divided, de facto, into the Greek Cypriot controlled southern two-thirds of the island and the Turkish-occupied northern third.
In 1983, the Turkish Cypriots declared an independent " Turkish Republic of Northern Cyprus ", which has never been recognized by any country except Turkey and Pakistan.
The division of Cyprus has remained an intractable political problem plaguing relations between Greece and Turkey, and drawing in NATO, of which both Greece and Turkey are members, and latterly the European Union, which has admitted Greece and Cyprus and which Turkey has been seeking to join for over twenty years.
The 165, 000 Greek Cypriot refugees are also a potent political force, along with the independent Orthodox Church of Cyprus, which has some influence in temporal as well as ecclesiastical matters.
After the 1974 invasion following a Greek junta-based coup attempt, Makarios secured international recognition of his Greek Cypriot government as the sole legal authority on Cyprus, which has proved to be a very significant strategic advantage for the Greek Cypriots in the decades since.
On 15 November 1983 the Turkish Cypriot North declared independence and the formation of the Turkish Republic of Northern Cyprus ( TRNC ), which has been recognized only by Turkey.
Since gaining independence from the United Kingdom in 1960, Cyprus has had a record of successful economic performance, reflected in strong growth, full employment conditions and relative stability.
The success of Cyprus in the economic sphere has been attributed, inter alia, to the adoption of a market-oriented economic system, the pursuance of sound macroeconomic policies by the government as well as the existence of a dynamic and flexible entrepreneurship and a highly educated labor force.
Cyprus has the fourth-largest ship registry in the world, with 2, 758 ships and 25. 5 million gross registered tons ( GRTs ).
Cyprus has concluded treaties on double taxation with more than 40 countries, and, as a member of the Eurozone, has no exchange restrictions.
As a result of these reforms Cyprus has developed into one of the world's more important international business centres.

Cyprus and open
Cyprus Wheatear uses more aerial sallying and occupies more forested habitats, but needs a minimum amount of open / bare ground, and a minimum of high bush / tree vegetation ( Randler et al.
Like other cities of Cyprus, it has suffered repeatedly from earthquakes, and in medieval times when its harbor silted up ( a sign that the island was deforested and overgrazed ) the population moved to Larnaca, on the open seafront farther south.
The UK also agreed in the Protocol to keep enough control of the external ( i. e. off-island and northern Cyprus ) borders of the sovereign bases to ensure that the border between the sovereign bases and the Republic of Cyprus can remain fully open and will not have to be policed as an external EU border.
The Cypriot kings, learning of the victory of Alexander at Issus, and knowing that sooner or later, Alexander would be the new ruler of the island, since the occupation of Cyprus was necessary ( along with that of Phoenicia ) to open lines of communication to Egypt and Asia, rose up against their Persian overlords and made available to the fleet of Alexander the ships formerly in the service of Persia.
Despite missing out on this accolade, Lennon proceeded to open a bar in Ayia Napa, Cyprus with fellow professional footballers Gabriel Agbonlahor, Ivan Sproule and Scott Sinclair.

Cyprus and economy
Classified by the World Bank as a high-income economy, Cyprus was included by the International Monetary Fund in its list of advanced economies in 2001.
Furthermore, Cyprus was dealt a severe blow by the Evangelos Florakis Naval Base explosion in July 2011, with the cost to the economy estimated at € 1 – 3 billion, or up to 17 % of GDP.
The Turkish invasion inflicted a serious blow to the Cyprus economy and in particular to agriculture, tourism, mining and quarrying: 70 percent of the island ’ s wealth-producing resources were lost, the tourist industry lost 65 percent of its hotels and tourist accommodation, the industrial sector lost 46 percent, and mining and quarrying lost 56 percent of production.
This pattern underlined the economy's vulnerability to swings in tourist arrivals ( i. e., to economic and political conditions in Cyprus, Western Europe, and the Middle East ) and the need to diversify the economy.
In June 2012 the Cypriot finance minister Vassos Shiarly stated that the European Central Bank, European commission and IMF officials are to carry out an in-depth investigation into Cyprus ' economy and banking sector to assess the level of funding it requires.
The economy of Turkish-occupied Northern Cyprus is about one-fifth the size of the economy of the government-controlled area, while GDP per capita is around one-third.
The Republic of Cyprus is a constitutional democracy which has reached great levels of prosperity, with a booming economy and good infrastructures, part of the United Nations, European Union and several others organizations by whom it is recognized as the sole legitimate government of the whole island.
Given the bad economy and infrastructure of the town ; the new trend is the majority of Turkish Cypriots moving to other places in the north part of Cyprus ( mainly Nicosia and Kyrenia ).
Its stabilised economy made Cyprus the wealthiest of the ten inductees to the European Union in 2004.
Deflecting domestic attention to Cyprus was politically convenient for the Menderes government, which was suffering from an ailing economy.

Cyprus and with
* 2005 – Helios Airways Flight 522 en route from Larnaca, Cyprus via Athens, Greece to Prague, Czech Republic crashes near Athens, with at least 121 on board.
Whether he also did in the case of the Mediterranean with the kingdom of Kaptara ( possibly Cyprus ), as claimed in later documents, is more questionable.
" Diogenes Laertius also says that Nicocreon, the tyrant of Cyprus, commanded him to be pounded to death in a mortar, and that he endured this torture with fortitude and Cicero relates the same story.
The deposed Emperor attempted to escape in a boat with his wife Agnes and his mistress, but was captured ( note that by some, Andronikos not only survived, but also managed to escape to the then self-proclaimed Kingdom of Cyprus ).
The kingdom of Cyprus passed to Hugh, his only surviving son, while the kingdom of Jerusalem passed to Maria, the daughter of Isabella by her previous marriage with Conrad of Montferrat.
In order to contain Russia's influence, he launched an invasion of Afghanistan and signed the Cyprus Convention with Turkey, whereby this strategically placed island was handed over to Britain.
In Australia and New Zealand the largest barter exchange is Bartercard, founded in 1991, with offices in the UK, Thailand and Cyprus.
Shortly after they returned, bringing John Mark with them, they were appointed as missionaries to Asia Minor, and in this capacity visited Cyprus and some of the principal cities of Pamphylia, Pisidia, and Lycaonia ( Acts 13: 14 ).
Anthemios presented the Gospel to Emperor Zeno at Constantinople and received from him the privileges of the Greek Orthodox Church of Cyprus, that is, the purple cloak which the Greek Archbishop of Cyprus wears at festivals of the church, the imperial sceptre and the red ink with which he affixes his signature.
Cyprus measures 240 kilometres latitudinally and longitudinally, with Turkey to the north.
Vasea of Cyprus are broadly divided into two main ethnic communities, Greek Cypriots and Turkish Cypriots, who share many customs but maintain distinct identities based on ethnicity, religion, language, and close ties with their respective motherlands.
Internationally, Cyprus promotes its geographical location as a " bridge " between East and West, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.
In 1991, Cyprus introduced a Value Added Tax ( VAT ), which is currently 15 % in line with the EU minimum.
Even so, the EU continues to be the second-largest trading partner of northern Cyprus, with a 24. 7 % share of total imports and 35 % share of total exports.
Cyprus is a member of the United Nations along with most of its agencies as well as the Commonwealth of Nations, World Bank, International Monetary Fund and Council of Europe.
Cyprus has historically followed a non-aligned foreign policy, although it increasingly identifies with the West in its cultural affinities and trade patterns, and maintains close relations with Greece.

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