Tournos News reports that incoming tourism from Russia shot up by 43% between January-August 2016, compared to the corresponding period of 2015.
Cyprus welcomed 556,000 Russian tourists, the second largest nationality after the British, the report added.
A simplified visa process and problems in Egypt and Turkey helped the spike.
“As a result, an increasing number of hotels in locations like Ayia Napa that closed in late November, will now stay in operation during winter,” the report added.
Source: Famagusta Gazette
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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