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BASIC DATA ON CYPRUS
Location
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Cyprus is located in the eastern part of the Mediterranean, at the crossroads of Europe, Asia and Africa. It is the third largest island in the Mediterranean, and it covers about 9,500 square kilometres. It is approximately three and half-hour from Western European airports and the time is always two hours ahead of Greenwich Mean Time.
The capital of Cyprus in Nicosia with a population of about 220,000 people.
- The climate is excellent, with an average of 360 sunny days per year. The temperature varies from 12 to 15 degrees Centigrade in December and 35 degrees Centigrade in August (average maximum). The population is 680,000 out of which 78% are Greek. The languages spoken are Greek and English
- Cyprus has been an independent country since 1960. All executive powers are vested in the President of the Republic who appoints his cabinet for a 5-year term of office. The legislative authority rests with the House of Representatives elected for a 5-year period. The administration of justice is completely separate and independent.
- The judicial system is based on the English law, the common law and the law of equity.
- The currency of Cyprus is the Cyprus Pound divided into one hundred cents.
- Cyprus has been a member of the United Nations (since 1960), member of the Council of Europe (since 1961) the Commonwealth (since 1961) and the EU since 2004
- Wage rates are relatively low compared to most industrial countries.
- Air and sea connections with Cyprus from Europe or elsewhere in the world are easily accessible and there are daily flights in and out of Cyprus to the Middle East, Europe, Asia, America and Africa.
- Cyprus has two main modern ports situated on the south coast of the island serving containerised bulk and break bulk cargo. Both ports are also used for transit trade, and Cyprus originated trade.
- There is a high standard of recreation, discos, bars, night clubs, good shows, restaurants, specialised restaurants, taverns, sandy beaches, archaeological sites, churches and monasteries, excursions, wine festivals, hotels etc.
 
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