Cyprus and the shadow of feudalism in a modern European economy

By Demetris Georgiades

Cyprus is, by every conventional measure, a modern European success story. It is a member of the European Union, uses the euro, possesses a highly educated population, enjoys advanced infrastructure, and has developed a sophisticated service economy centred on banking, tourism, shipping, higher education, and professional services. Visitors often encounter gleaming office towers, luxury marinas, modern motorways, and a thriving business community. In international...