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Cyprus 'does not intend to compete in terms of price'

Cyprus 'does not intend to compete in terms of price'
17 Jun 2014

The tourism industry in Cyprus does not intend to compete with other popular holiday destinations on price alone.

That is according to the country's tourism minister, Giorgos Lakkotrypis, who said that the government does not plan to adopt this approach, contrary to popular opinion.

The news comes on the back of a new survey that named Cyprus at the top of the list of the most expensive places in Europe to holiday.

According to the International Currency Exchange (ICE), sterling’s increased strength in relation to the euro might make the eurozone a good choice for those who are wary of spending too much.

What's more, the US was cited as another example.

“Cyprus proved to be the hardest on the pocket with expenditure on the ICE Travellers Cashcard amounting on average to £564.54,” the company explained.

Of course, one of Cyprus's main attractions is the beautiful weather it offers throughout the year.ADNFCR-408-ID-801728919-ADNFCR

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