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The Republic of Cyprus
A state situated on the island of the same name in the eastern Mediterranean. Since 1 May 2004, the Republic of Cyprus has been a full member of the European Union.
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Currency
On 1 January 2008, the Cypriot pound was replaced by the euro.
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Area
Cyprus is the third largest island in the Mediterranean. The distance from its westernmost tip (Cape Arnaoutis) to its easternmost (Cape Andreas) is 230 km, while the distance north to south is 96 km.
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Population
1,084,000, including some 835,000 Greek Cypriots (77%) and around 195,000 Turkish Cypriots (18%), as well as Armenians and other ethnic minorities (5%).
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Capital - Nicosia
The Greek part of the city has a population of more than 315,400 (including suburbs), while the Turkish part has a population of around 30,000.
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Language
- Greek and Turkish;
- English is widely spoken.

A greeting from the chairman of the Business Council for Cooperation with Cyprus, M.V. Kuzovlev
Dear businessmen of Russia and Cyprus!
It is my pleasure to welcome you to our website.
As a member of the European Union since 2004, Cyprus is a country which has a great deal to offer investors, and enjoys a strong reputation as one of the world’s leading centres for business. The decision to set up the Business Council for Cooperation with Cyprus was taken in the wake of Russian President Dmitriy Medvedev’s first official visit to Cyprus, in the autumn of 2010. The Business Council promotes broader economic, trade and cultural ties between our countries. The aim of our website is not just to inform you of the Business Council’s work, but also to become a reliable platform where business contacts between Russian and Cypriot companies and entrepreneurs can develop.
Yours sincerely
Mikhail Kuzovlev
News
25 February 2013
Congratulations to the elected President of the Republic of Cyprus