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Frequently Asked Questions


 

 


Q. What language do they speak in Cyprus?
A. Greek is the population's mother tongue but with the strong influence Britain has exerted on the island's history, English is widely spoken and understood. Knowledge of French, Russian and German is increasing with the island's tourist trade.

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Q. Is Cyprus now a full member of the European Union?

A. The first phase of the agreement was implemented on 1st January 1998 with the abolition of all customs duties and quantitative restrictions on trade of industrial products between the EU and Cyprus. The second phase was recently agreed and Cyprus was welcomed as a full member of the EU on May 1st 2004.
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Q. What about the currency in Cyprus. is it easy to understand?
A. Yes . the Cyprus currency system is based on the decimal system. One Cyprus Pound is divided into 100 cents. Coins range in value from one cent to 50 cents and four bank notes are in circulation: £1, £5, £10 and £20.
The Cyprus Pound is also tied up to the Euro and it is a very stable currency. In 2004 the exchange rate between the two currencies fluctuated very little; CYP 1.00 = Euro 1.70-1.75

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