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May 1, 2004 · The president is both head of state and government. Despite joining the EU as a de facto divided island, the whole of Cyprus is EU territory. Turkish Cypriots who have, or are eligible for, EU travel documents are EU citizens. EU law is suspended in areas where the Cypriot government (Government of the Republic) does not exercise effective control.
Cyprus. Cyprus became a full member of the European Union in 2004. Despite being a divided country, the entire island is EU territory. Turkish Cypriots are eligible for EU citizenship, however EU law is suspended in certain areas. [1] [2] Cyprus has two official languages: Greek and Turkish, but only Greek is an official EU language.
Cyprus [f] ( / ˈsaɪprəs / ⓘ ), officially the Republic of Cyprus, [g] is an island country in the eastern Mediterranean Sea, north of the Sinai Peninsula, south of the Anatolian Peninsula, and west of the Levant. It is geographically a part of West Asia, but its cultural ties and geopolitics are overwhelmingly Southeast European.
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Apr 7, 2023 · 2004 - Cyprus joins the EU, but does so as a divided island. 2008 - Cyprus adopts the euro. The symbolic Ledra Street crossing between the Turkish and Greek sectors of Nicosia is reopened for ...
Dec 17, 2021 · Economy - overview: Even though the whole of the island is part of the EU, implementation of the EU "acquis communautaire" has been suspended in the area administered by Turkish Cypriots, known locally as the "Turkish Republic of Northern Cyprus" ("TRNC"), until political conditions permit the reunification of the island. The market-based ...
EU budget and spending. The EU budget is funded by a percentage of each member country’s gross national income, as well as other sources. EU countries decide the size of this budget, and how it is financed. ‘Own resources’ (such as duties, levies, VAT and national contributions) account for approximately 98% of the EU’s budget.
