Geography of Cyprus grown under irrigation. Little evidence remains that this broad, central plain, open to the sea at either end, was once covered with rich forests whose timber was coveted by ancient conquerors for their sailing vessels. The now-divided capital of the island, Nicosia, lies in the middle of this central plain. Despite its small size, Cyprus has a variety of natural vegetation. This includes forests of conifers and broadleaved trees such as "Pinus brutia", cedar, cypresses and oaks. Ancient authors write that most of Cyprus, even Messaoria, was heavily forested, and there are still considerable forests on the Troodos and Kyrenia
Economy of Cyprus Shiarly, stated that the European Central Bank, European commission and IMF officials are to carry out an in-depth investigation into Cyprus' economy and banking sector to assess the level of funding it requires. The Ministry of Finance rejected the possibility that Cyprus would be forced to undergo the sweeping austerity measures that have caused turbulence in Greece, but admitted that there would be "some negative repercussion". In November 2012 international lenders negotiating a bailout with the Cypriot government have agreed on a key capital ratio for banks and a system for the sector's supervision. Both commercial banks and cooperatives will