Despite crisis, Cyprus’ Greek half isn’t doing so bad this summer
Like its uneasy neighbor Turkey, Cyprus is benefiting from an excellent location and unease and violence in the rest of the region and taking the lions’ share of summer visitors.
Excerpt from Hurriyet Daily News
Tourism revenue is providing a much-needed boost for the beleaguered Greek Cyprus economy as June receipts increased 15.7 percent from the same month in 2011, official data showed yesterday.
Revenue in June reached 254.5 million euros compared to 220 million euros in the same month last year – a rise of 34.5 million as arrivals also improved annually by 9.7 percent.