Cyprus Tourism Revenues Go Down by 14.5% in March

The revenues from tourist spendings in Cyprus have plunged down by 14.5% in March, owing to the recession. Income from tourism had started to rise during the start of the year, with receipts in February up 10.5 percent. But March's downturn followed a 16.3 percent drop in arrivals. Tourism income in March fell to 56.5 million euros from 66 million euros in the same month of 2013. For the three-month period from January to March revenues from ...

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