miltiades wrote:simonwjones wrote:miltiades wrote:The Cyprus economy will collapse in the absence of tourism. Unemployment will rise to unprecedented levels and all Cypriot companies will suffer as a result. Cyprus is not only becoming expensive IT IS bloody expensive .
The cost of daily essentials , bread , milk , cheese , water are much higher than the UK , the largest provider of Tourists. The airport prices for beverages , snacks etc is perhaps the highest in Europe ! As for taxis , well , prices in Paris are cheaper than Cyprus. Take note Cypriots , your livelihood is at risk . Listen not to the GRs of this world , Cyprus not only needs the tourist revenue but it needs to increase it and maintain the present levels.
The income generated by Banks , like in every European country , remains at the banks coffers , the populace at large receives little or no benefit .
Financial executives , lawyers , Accountants etc , all are prone to any serious loss of tourist revenue. Thousands of Cypriots rely on the biggest foreign currency earner for their livelihood. The tourist industry.
The comment is 100% true. If there was NO tourists in Cyprus the country would grind to a halt. Think about the tourism trade, tourists bring jobs to the airports, catering, hotels, bars, restaurants, car hire, taxis and many more. If tourism keeps on dropping and less and less people visiting the island this will have a knock on effect with Real Estate and Property Sales, and this has a massive knock-on effect.
The prices in Cyprus are bloody high and its cheaper to stay at home than go there. In Pissouri, we can pop to the local supermarket and spend the equivelant to £25-£30 in the shop and come out thinking wow, what have we got here then? This is supposed to be a village so I am guessing in Paphos, Limassol, Napa etc the prices are even higher....
Two years ago I remember going out for a meal with my partner in Paphos. 2 x starters, 2 x main course and bottle of wine costing £60UK equivelent...rip off.
Nothing will happen. If people are prepared to pay these stupid prices then they will continue to rise...
Agriculture contributed 3.1% , Industry 19.1% and Services 77.9% to the total revenue received by the Cyprus government .Tourism alone contributed £1.5 billion out of a total of £ 3.1 billion pounds !! Therefore from the total services of 77.9% almost 60% was from tourism.Who says we do not need tourism ?