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Cyprus Fact Book Page 2

Country name:
conventional long form: Republic of Cyprus
conventional short form: Cyprus
note: the Turkish Cypriot area refers to itself as the "Turkish Republic of Northern Cyprus" (TRNC)
Government type:
republic
note: a disaggregation of the two ethnic communities inhabiting the island began following the outbreak of communal strife in 1963; this separation was further solidified after the Turkish intervention in July 1974 after a Greek junta-based coup attempt gave the Turkish Cypriots de facto control in the north; Greek Cypriots control the only internationally recognized government; on 15 November 1983 Turkish Cypriot "President" Rauf DENKTASH declared independence and the formation of a "Turkish Republic of Northern Cyprus" (TRNC), recognized only by Turkey; both sides publicly support a settlement based on a federation (Greek Cypriot position) or confederation (Turkish Cypriot position)
Capital:
Nicosia
Administrative divisions:
6 districts; Famagusta, Kyrenia, Larnaca, Limassol, Nicosia, Paphos; note - Turkish Cypriot area's administrative divisions include Kyrenia, all but a small part of Famagusta, and small parts of Lefkosia (Nicosia) and Larnaca
Independence:
16 August 1960 (from UK); note - Turkish Cypriot area proclaimed self-rule on 13 February 1975
National holiday:
Independence Day, 1 October (1960); note - Turkish Cypriot area celebrates 15 November (1983) as Independence Day
Constitution:
16 August 1960; negotiations to create the basis for a new or revised constitution to govern the island and to better relations between Greek and Turkish Cypriots have been held intermittently; in 1975 Turkish Cypriots created their own constitution and governing bodies within the "Turkish Federated State of Cyprus," which was renamed the "Turkish Republic of Northern Cyprus" in 1983; a new constitution for the Turkish Cypriot area passed by referendum on 5 May 1985
Legal system:
based on common law, with civil law modifications
Suffrage:
18 years of age; universal
Executive branch:
chief of state: President Tassos PAPADOPOULOS (since 1 March 2003); note - the president is both the chief of state and head of government; post of vice president is currently vacant; under the 1960 constitution, the post is reserved for a Turkish Cypriot
head of government: President Tassos PAPADOPOULOS (since 1 March 2003); note - the president is both the chief of state and head of government; post of vice president is currently vacant; under the 1960 constitution, the post is reserved for a Turkish Cypriot
cabinet: Council of Ministers appointed jointly by the president and vice president
elections: president elected by popular vote for a five-year term; election last held 16 February 2003 (next to be held NA February 2008)
note: Rauf R. DENKTASH has been "president" of the Turkish Cypriot area since 13 February 1975 ("president" elected by popular vote for a five-year term); elections last held 15 April 2000 (next to be held NA April 2005); results - Rauf R. DENKTASH reelected president after the other contender withdrew; Mehmet Ali TALAT has been "prime minister" of the Turkish Cypriot area since mid-January 2004; there is a Council of Ministers (cabinet) in the Turkish Cypriot area
election results: Tassos PAPADOPOULOS elected president; percent of vote - Tassos PAPADOPOULOS 51.5%, Glafkos KLIRIDIS 38.8%, Alekos MARKIDIS 6.6%
Legislative branch:
unicameral - Greek Cypriot area: House of Representatives or Vouli Antiprosopon (80 seats; 56 assigned to the Greek Cypriots, 24 to Turkish Cypriots; note - only those assigned to Greek Cypriots are filled; members are elected by popular vote to serve five-year terms); Turkish Cypriot area: Assembly of the Republic or Cumhuriyet Meclisi (50 seats; members are elected by popular vote to serve five-year terms)
election results: Greek Cypriot area: House of Representatives - percent of vote by party - AKEL 34.71%, DISY 34%, DIKO 14.84%, KISOS 6.51%, others 9.94%; seats by party - AKEL (Communist) 20, DISY 19, DIKO 9, KISOS 4, others 4; Turkish Cypriot area: Assembly of the Republic - percent of vote by party - CTP 35.8%, UBP 32.3%, Peace and Democratic Movement 13.4%, DP 12.3%; seats by party - CTP 19, UBP 18, Peace and Democratic Movement 6, DP 7
elections: Greek Cypriot area: last held 27 May 2001 (next to be held NA May 2006); Turkish Cypriot area: last held 14 December 2003 (next to be held NA December 2008)
Judicial branch:
Supreme Court (judges are appointed jointly by the president and vice president)
note: there is also a Supreme Court in the Turkish Cypriot area
Political parties and leaders:
Greek Cypriot area: Democratic Party or DIKO [Tassos PAPADOPOULOS]; Democratic Rally or DISY [Nikos ANASTASIADHIS]; Fighting Democratic Movement or ADIK [Dinos MIKHAILIDIS]; Green Party of Cyprus [George PERDIKIS]; New Horizons [Nikolaus KOUTSOU]; Restorative Party of the Working People or AKEL (Communist Party) [Dimitrios CHRISTOFIAS]; Social Democrats Movement or KISOS (formerly United Democratic Union of Cyprus or EDEK) [Yiannakis OMIROU]; United Democrats Movement or EDE [George VASSILIOU]; Turkish Cypriot area: Democratic Party or DP [Serder DENKTASH]; National Birth Party or UDP [Enver EMIN]; National Unity Party or UBP [Dervis EROGLU]; Our Party or BP [Okyay SADIKOGLU]; Patriotic Unity Movement or YBH [Alpay DURDURAN]; Peace and Democratic Movement [Mustafa AKINCI]; Republican Turkish Party or CTP [Mehmet ALI TALAT]
Political pressure groups and leaders:
Confederation of Cypriot Workers or SEK (pro-West); Confederation of Revolutionary Labor Unions or Dev-Is; Federation of Turkish Cypriot Labor Unions or Turk-Sen; Pan-Cyprian Labor Federation or PEO (Communist controlled)
International organization participation:
Australia Group, C, CE, EBRD, EU (new member), FAO, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, IDA, IFAD, IFC, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, NAM, NSG, OAS (observer), OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Euripides L. EVRIVIADES
chancery: 2211 R Street NW, Washington, DC 20008
FAX: [1] (202) 483-6710
note: representative of the Turkish Cypriot area in the US is Ahmet ERDENGIZ; office at 1667 K Street NW, Washington, DC; telephone [1] (202) 887-6198
consulate(s): New York
consulate(s) general: New York
telephone: [1] (202) 462-5772
Diplomatic representation from the US:
chief of mission: Ambassador Michael KLOSSON
embassy: corner of Metochiou and Ploutarchou Streets, Engomi, 2407 Nicosia
mailing address: P. O. Box 24536, 1385 Nikosia
telephone: [357] (22) 776400
FAX: [357] (22) 780944
Flag description:
white with a copper-colored silhouette of the island (the name Cyprus is derived from the Greek word for copper) above two green crossed olive branches in the center of the flag; the branches symbolize the hope for peace and reconciliation between the Greek and Turkish communities
note: the Turkish Cypriot flag has a horizontal red stripe at the top and bottom between which is a red crescent and red star on a white field
Economy - overview:
The Greek Cypriot economy is prosperous but highly susceptible to external shocks. Erratic growth rates over the past decade reflect the economy's vulnerability to swings in tourist arrivals, caused by political instability in the region and fluctuations in economic conditions in Western Europe. Economic policy is focused on meeting the criteria for admission to the EU. EU-driven tax reforms in 2003 have introduced fiscal imbalances, which, coupled with a sluggish tourism sector, have resulted in growing fiscal deficits. As in the Turkish sector, water shortages are a perennial problem; a few desalination plants are now on-line. After 10 years of drought, the country received substantial rainfall from 2001-03, alleviating immediate concerns. The Turkish Cypriot economy has roughly one-third of the per capita GDP of the south. Because it is recognized only by Turkey, it has had much difficulty arranging foreign financing and investment. It remains heavily dependent on agriculture and government service, which together employ about half of the work force. To compensate for the economy's weakness, Turkey provides grants and loans to support economic development. Ankara provided $200 million in 2002 and pledged $450 million for the 2003-05 period. Future events throughout the island will be highly influenced by the outcome of negotiations on the UN-sponsored agreement to unite the Greek and Turkish areas.
GDP:
Greek Cypriot area: purchasing power parity - $8.9 billion (2003 est.); Turkish Cypriot area: purchasing power parity - $1.217 billion (2003 est.)
GDP - real growth rate:
Greek Cypriot area: 1.6% (2003 est.); Turkish Cypriot area: 2.6% (2003 est.)
GDP - per capita:
Greek Cypriot area: purchasing power parity - $16,000 (2003 est.); Turkish Cypriot area: purchasing power parity - $5,600 (2003 est.)
GDP - composition by sector:
Greek Cypriot area: agriculture 4.9%; industry 19.9%; services 75.6%
Turkish Cypriot area: agriculture 10.6%; industry 20.5%; services 68.9% (2003)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
Greek Cypriot area: 4% (2003 est.); Turkish Cypriot area: 12.6% (2003 est.)
Labor force:
Greek Cypriot area: 306,000; Turkish Cypriot area: 95,025 (2000)
Labor force - by occupation:
Greek Cypriot area: services 75.6%, industry 19.4%, agriculture 4.9% (2003); Turkish Cypriot area: services 68.9%, industry 20.5%, agriculture 10.6% (2003)
Unemployment rate:
Greek Cypriot area: 3.4%; Turkish Cypriot area: 5.6% (2003 est.)
Budget:
revenues: Greek Cypriot area - $4.4 billion, Turkish Cypriot area - $231.3 million (2002 est.)
expenditures: Greek Cypriot area - $539 million, including capital expenditures of $539 million, Turkish Cypriot area - $432.8 million, including capital expenditures of NA (2003 est.)
Industries:
food, beverages, textiles, chemicals, metal products, tourism, wood products
Industrial production growth rate:
Greek Cypriot area: -1.4% (2002); Turkish Cypriot area: -0.3% (2002)
Electricity - production:
3.401 billion kWh; Turkish Cypriot area: NA kWh (2001)
Electricity - production by source:
fossil fuel: 100%
other: 0% (2001)
hydro: 0%
nuclear: 0%
Electricity - consumption:
Greek Cypriot area: 3.163 billion kWh; Turkish Cypriot area: NA kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
49,000 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Agriculture - products:
potatoes, citrus, vegetables, barley, grapes, olives, vegetables, poultry, pork, lamb, kids, dairy
Exports:
Greek Cypriot area: $1.054 billion f.o.b. Turkish Cypriot area: $46 million f.o.b. (2003 est.)
Exports - commodities:
Greek Cypriot area: citrus, potatoes, pharmaceuticals, cement, clothing and cigarettes; Turkish Cypriot area: citrus, potatoes, textiles
Exports - partners:
UK 26.7%, Greece 6.6%, France 4.9%, Poland 4.3% (2002)
Imports:
Greek Cypriot area: $4.637 billion f.o.b.; Turkish Cypriot area: $301 million f.o.b. (2003 est.)
Imports - commodities:
Greek Cypriot area: consumer goods, petroleum and lubricants, intermediate goods, machinery, transport equipment; Turkish Cypriot area: food, minerals, chemicals, machinery
Imports - partners:
Russia 17.1%, Greece 7.1%, Germany 6.6%, France 6.4%, UK 6.3%, Italy 6.3%, South Korea 5.4%, Japan 5.1% (2002)
Debt - external:
Greek Cypriot area: $8 billion; Turkish Cypriot area: $NA (2002)
Economic aid - recipient:
Greek Cypriot area - $17 million (1998); Turkish Cypriot area - $700 million from Turkey in grants and loans (1990-97), which are usually forgiven (1998)
Currency:
Greek Cypriot area: Cypriot pound (CYP); Turkish Cypriot area: Turkish lira (TRL)
Currency code:
CYP; TRL
Exchange rates:
Cypriot pounds per US dollar - 0.52 (2003), 0.61 (2002), 0.64 (2001), 0.62 (2000), 0.54 (1999), Turkish lira per US dollar 1.505 million (2003), 1.507 million (2002), 1,225,590 (2001), 625,218 (2000), 418,783 (1999)
Fiscal year:
calendar year

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