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21 Mar

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Although the Republic of Cyprus is recognized as the sole legitimate state, sovereign over all the island, the north is de facto under the administration of the self-declared Turkish Republic of Northern Cyprus which is guarded by Turkish Armed Forces.Initially, with the annexation of the island by the British Empire from the Ottoman Empire, the "Cyprus dispute" was identified as the conflict between the people of Cyprus and the British Crown regarding the Cypriots' demand for self determination.The dispute, however, was finally shifted, under the British administration, from a colonial dispute to an ethnic dispute between the Turkish and the Greek islanders.They will send you the Money Orders or checks and ask you to deposit them into your bank account and then wire the money to them via Western Union.Usually they say to keep some money for your trouble.Cypriot MPs are terrified that foreign investors will leave the country.And by foreign investors, they mean the Russian oligarchs, businessmen and shadowy mafiosi who have flocked here over the past 20 years, buying up real estate, investing billions — and turning the place into a little Moscow.This zone separates the southern areas of the Republic of Cyprus (predominately inhabited by Greek Cypriots), from the northern areas (where Turkish Cypriots along with Turkish settlers are now a majority).Recent years have seen warming of relations between Greek and Turkish Cypriots, with officially renewed reunification talks beginning in early 2014.And when the music stopped at 3am, the rich young jet-set of the island’s seaside city of Limassol roared away in Porsches and Range Rovers to party the rest of the night away at million-pound mansions in the hills or swish, newly built apartments overlooking palm-fringed beaches.As blonde Katy Mass, a 29-year-old Moscow-born divorcee and businesswoman who was spending an evening at the club with three Russian girlfriends, said simply: ‘Cyprus is heaven and we Russians love the sun. Its banks are shut and 70 per cent of the island’s account holders (including many of the 50,000 Russians who live here) have applied to withdraw all their money if, and when, the banks ever open their doors again.