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Cyprus: Greek Cypriot
built 264 days ago
The Centaur floor mosaic in Paphos. Cyprus is the mythical birthplace of the Greek goddess Aphrodite, of beauty and love... known as Kypris or the Cyprian. According to Hesiod's Theogony, the goddess emerged fully grown from the sea where the severed genitals of the god Uranus were cast by his son Kronos, causing the sea to foam (Greek:
As of January the 1st 2008 the the official currency of Cyprus still is the Cypriot pound is the Euro. The exhange rate had long been locked to 1 EUR = 0.58 CYP, which was convenient enough for financial analysts, although car park attendands prefer to perform a limited integration of a log geotrigonometric series that usually arrives to the result that although 1 EUR = 0.58 CYP, it can ... be proven that 1 CYP = 0.58 EUR, depending on who's paying and who's giving the change. Cypriots can now brag that they're using the most commonly used currency in the world, since the adoption of the currency by their huge population has obviously tipped the scales.
Cyprus has a market economy with a dominating service sector that accounts for more than 75% of the GDP. Tourism and financial services are other important sectors of the economy. Cypriot industries include food and beverage processing, ship repair, textiles, light chemicals and metal products.
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Flag of Cyprus is 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. The Government of Cyprus, through the Ministry of Commerce, announced its plans to license 11 offshore blocks for exploration and exploitation of oil and natural gas within its Exclusive Economic Zone (EEZ). In August 2007 bidding opened for exploration of 11 offshore blocks, primarily to the south and southeast of Cyprus. Only 2 groups bid on 3 blocks: a consortium comprised of small U.K., Norwegian, and U.A.E. companies, and Noble Energy of Houston. Negotiations between the Cypriot Ministry of Commerce and the bidders were expected to begin in late December 2007, but due to the elections and political difficulties relating to the import of natural gas, negotiations have been delayed until after the February 2008 presidential elections.
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The Cyprus economy depends ... on British lads, that visit Cyprus holiday resorts for cheap beer and cigarettes. They tend to become stupendously drunk and lose their virginity to something that resembles a woman. This mainly occurs during summer in Ayia Napa (aka "The hooker of the mediteranean"). Ayia Napa, greek for Saint Napa, is the patron saint of munging and the Land Shark. Ayia Napa comes second worldwide only to Mykonos in number of gays, lesbians, drunks, devirginized women and heroin-users wandering the streets after 5:00 am. Welsh visitors seem to have a preference for the moufflon - the wild sheep particular to Cyprus. What the lads do not know is that the normal prices of cigarettes and alcohol in Cyprus are even cheaper than they think.
Temple to Apollon Ilatis outside the city of Limassol. On November 2, 1914, Cyprus was formally annexed by the United Kingdom after the Ottoman Empire entered the First World War on the side of the Central Powers. Many Cypriots, now British subjects, signed up to fight in the British Army, promised by the British that when the war finished Cyprus would be united with Greece. (This happened in both the First and in the Second World War.) In 1923, under the Treaty of Lausanne, Turkey relinquished any claim to Cyprus. In 1925 Cyprus was declared a Crown colony.
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