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The current situation in Cyprus. The two-state solution [1] for the Cyprus dispute refers to the proposed permanent division of the island of Cyprus into a Turkish Cypriot State in the north and a Greek Cypriot State in the south, as opposed to the various proposals for reunification that have been suggested since the island was split into two by the 1974 Turkish invasion.
In an opinion poll conducted by Cypronetwork among Greek Cypriots on behalf of the Cyprus Broadcasting Corporation (CyBC) in 2022, 36% stated that the best solution to the Cyprus problem was a bi-zonal, bi-communal federation, 18% stated two separate states was the best option, 19% preferred a "unitary state", and 13% favoured the status quo.
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
Cyprus Popular Bank (from 2006 to 2011 known as Marfin Popular Bank (MPB)) was the second-largest banking group in Cyprus behind the Bank of Cyprus until it was 'shuttered' in March 2013 and split into two parts.
Decades on from the ethnic division of Cyprus, tensions persist along the 180-kilometer buffer zone separating breakaway Turkish Cypriots from Greek Cypriots in the internationally recognized ...
Aydin Dikmen took the artifacts from the country's breakaway north in the years after Cyprus’ split in 1974, when Turkey invaded following a coup mounted by supporters of union with Greece.
[1] [2] Cyprus has two official languages: Greek and Turkish, but only Greek is an official EU language. EU trade accounts for 34% of Cyprus’ exports and 59% of imports. [3] Enthusiasm within Cyprus for the EU has waxed and waned over the years, mainly in synchrony with the health of the economy.
Cyprus gained independence from Britain in 1960, but a shared administration between Greek and Turkish Cypriots quickly fell apart in violence that saw Turkish Cypriots withdraw into enclaves and ...