Republic of Cyprus, is an island country in the eastern Mediterranean Sea south of the Anatolian Peninsula. It is the third-largest and third-most populous island in the Mediterranean, and is located south of Turkey, west of Syria, northwest of Lebanon, Israel, and the Gaza Strip (Palestine), north of Egypt, and southeast of Greece. Its capital and largest city is Nicosia and second largest is Limassol. The earliest known human activity on the island dates to around the 10th millennium BC.
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Economy:
It is a high-income economy as classified by the World Bank, and was included by the IMF in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1. The 2012–2013 Cypriot financial crisis, part of the wider European debt crisis, has dominated the country's economic affairs in recent times. In March 2013, the Cypriot government reached an euro-agreement
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cyprus
