Cyprus: the Crossroad between Europe and Asia

In my work I consider the cultural-political routing of Cyprus from its position between Europe and Asia with respect to its economical orientation. In the view of the fact that Cyprus was a profoundly developing country in the year 1960, when winning its independence from Great Britain, I focus mainly on its economic development after the year 1960 and the performance of the economy on the threshold of the 21st century, whereas I ask myself if Cyprus has already completed its transformation from a developing country into a socially and economically developed country with modern free market economy. The work briefly records the history of the country since its infancy in as early as 8th millennium BC up to the end of the 20th century AC, it further considers the economic development of Cyprus at the end of the 20th century, and finally it focuses on the current social-economic conditions in the country under the pattern of dividing economies between developing and developed countries. The work also regards the intercommunity rupture, which dominates Cyprus since 1974 and factually divides it in two parts: the Cyprus Republic and the internationally unrecognized Turkish Republic of Northern Cyprus. I accentuate exclusively the date regarding the Cyprus Republic.