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Basic Facts
...« Strange, I can see it here, the light of the sun, the gold net where things are quivering like the fi shes which a great angel draws together with the nets of the fishermen »...
Education
Cyprus has a young, well-educated talent pool. The country is committed to education and is focusing on reforms to achieve sustainable growth. Since 2004 Cyprus has consistently allocated over 6% of GDP of public expenditure on Education.
Great value for money
An average annual starting salary for a young graduate with a Bachelor Degree is €22,800. The employee will contribute €1,500 ...
Location and Population
Cyprus, with an area of 9251 sq km and coordinates at 35 N and 33 E, lies at the crossroads of Europe, Africa and Asia at the crux of the busy shipping and air routes linking the three continents.
The population of Cyprus is about 850,000. The capital of Cyprus is Lefkosia situated in the heart of the island with a population of approximately 315,000. The second largest city is Lemesos ...
Climate
Cyprus has a pleasant Mediterranean climate, enjoying 300 days of sunshine, with mild, wet winters (mean daily minimum 5°C and maximum 13°C) and hot, dry summers (mean daily minimum and maximum temperatures are 21°C and 36°C respectively).
Government
Cyprus is a Democratic state. The Executive authority is vested in the President who is elected for a five year term by universal vote, and exercised by a Council of Ministers appointed by the President. The Legislative authority of the Republic is exercised by the House of Representatives. House Members are elected by universal vote every five years. The administration of Justice is exercised by ...
European Union
After a long journey of over three decades, the Republic of Cyprus became a full member of the EU on May 1, 2004. Accession to the EU was a natural choice for Cyprus, driven by its culture, civilization and history, as well as its unwavering commitment to the values of democracy, freedom and justice.
EU accession has launched a new era of opportunities and responsibilities for Cyprus. ...
International Memberships
Since 1960, Cyprus has been granted membership to several international organizations, including:
European Union (2004) and Eurozone (2008)
The World Trade Organization (1995)
The International Monetary Fund (IMF) (1962)
The World Bank (1962)
The Commonwealth (1961)
The Council of Europe (1961)
The United Nations (1960)
The Cyprus Issue
On July 20, 1974, Turkey invaded Cyprus with massive military force. The pretext was a coup against President Makarios on July 15 instigated by the military junta of Greece. A second wave of invasion followed in August of the same year, in violation of ceasefire agreements arranged by the UN.
Turkey occupied 36,2% of the sovereign territory of the Republic of Cyprus and forcibly expelled ...
Infrastructure
The local infrastructure is ideally suited for businesspeople who need to get things done. Thanks to its modern road network, extensive port facilities and two international airports, travel and transport in and beyond Cyprus is fast, efficient and economical.
The coastal resorts of Larnaca and Paphos each operate international airports serving flights to and from both Europe and the Middle ...
History
According to Mythology, Cyprus is the birthplace of the Greek goddess of love and beauty, Aphrodite. The island is both an ancient land, one of the oldest recorded in the world with eleven thousand years of history, and a young independent republic since 1960. Its strategic position at the crossroads of three continents, as well as its considerable supplies of copper and timber combined to make ...
International Relations
The Republic of Cyprus is a member of many international organisations including the European Union, the United Nations, the Council of Europe, the World Trade Organization, the Commonwealth, the World Bank, and the International Monetary Fund.
Cyprus is represented through diplomatic missions in over 40 countries. Moreover, Cyprus has particularly good relations with the Mediterranean ...
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