WCO, WEU
(observer affiliate), WFTU, WHO, WIPO, WMO, WToO, WTO
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 community in the US is
Osman ERTUG; 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) 393939
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 Republic of Northern Cyprus" 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 Cyprus
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 a
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