Imports—partners: Greek Cypriot area: US 17.8%, UK 11.9%, Italy
9.7%, Germany 7.5%, Greece 7.6% (1997); Turkish Cypriot area: Turkey
55.3%, UK 13.8%, other EU 11.6% (1997)
Debt—external: Greek Cypriot area: $1.56 billion (1997)
Economic aid—recipient: Greek Cypriot area?$187 million in grants (1990-94); Turkish Cypriot area— $700 million from Turkey in grants and loans (1990-97) that are usually forgiven
Currency: Greek Cypriot area: 1 Cypriot pound (LC) = 100 cents;
Turkish Cypriot area: 1 Turkish lira (TL) = 100 kurus
Exchange rates: Cypriot pounds per US1$—0.5013 (January 1999), 0.5170 (1998), 0.5135 (1997), 0.4663 (1996), 0.4522 (1995), 0.4915 (1994); Turkish liras (TL) per US$1—331,400 (January 1999), 260,724 (1998), 151,865 (1997), 81,405 (1996), 45,845.1 (1995), 29,608.7 (1994)
Fiscal year: calendar year
Communications
Telephones: Greek Cypriot area: 367,000 (1996 est.); Turkish
Cypriot area: 80,000 (1996 est.)
Telephone system: excellent in both the Greek Cypriot and Turkish
Cypriot areas
domestic: open wire, fiber-optic cable, and microwave radio relay
international: tropospheric scatter; 3 coaxial and 5 fiber-optic
submarine cables; satellite earth stations—3 Intelsat (1 Atlantic
Ocean and 2 Indian Ocean), 2 Eutelsat, 2 Intersputnik, and 1 Arabsat
Radio broadcast stations: Greek Cypriot area: AM 4, FM 36,
shortwave 1, Turkish Cypriot area: AM 2, FM 6, shortwave 0