Turkish invasion of Cyprus opposed immediate Enosis (union between Cyprus and Greece). Makarios described the coup which replaced him as "an invasion of Cyprus by Greece" in his speech to the UN security council and stated that there were "no prospects" of success in the talks aimed at resolving the situation between Greek and Turkish Cypriots, as long as the leaders of the coup, sponsored and supported by Greece, were in power. In Resolution 573, the Council of Europe supported the legality of the first wave of the Turkish invasion that occurred in July 1974, as per Article 4 of the Guarantee Treaty of
Economic history of Greece and the Greek world in which Greece still excels. Today, the Greek merchant marine comes third globally both in the number of ships owned and in tonnage, and at times in the 90s Greece was first. Greece is fifth in terms of registration, the reason for this is a number of Greek captains register their ships under the Cypriot flag, which is easy due to linguistic and cultural commonalities, and significantly where there are lower taxes. In terms of registration, Cyprus has the third largest merchant fleet, and the majority of these ships are actually owned by Greeks, but sailing under the Cypriot flag