Posts Tagged ‘Cyprus’
Cyprus is an island in the eastern Mediterranean Sea Sea, 113 km south of Turkey and 120 km west of the Syrian coast. The metal “copper” in English stems from the Latin work Cyprus. Large deposits of copper are chanced on the island. Geographically, Cyprus is in Western Asia. It was in 1960 that Cyprus acquired independency from the United Kingdom. Still, U.K., Greece and Turkey continued determined rights to interfere in Cyprus’ internal affairs. The Republic of Cyprus is the authorities of the island which is internationally accredited and controls the southern two-thirds of the island. Almost all foreign governments agnise the sovereignty of the Republic of Cyprus over all of Cyprus.
Turkish Cypriots, together with Turkey, contradict the commonwealths rule across Republic of Cyprus and call it the “Greek Authority of Southern Cyprus”. They control the boreal part of the island followed by a military invasion by Turkey in the year 1974. The Turkish Cypriot economy faces troubles like arrangement foreign funding because it’s entirely recognized by Turkey. Foreign firms are as well groping to clothe there. It’s one-fifth of the population and one-third of per capita GDP of the south. The economy remains heavily dependent on agriculture and government services, which collectively employments half of the work force. Read the rest of this entry »