Well, 5 years ago it was in the middle of crisis, but 10 years ago it was way richer and better place than it is now, i don't know what development do you mean.

Well, 5 years ago it was in the middle of crisis, but 10 years ago it was way richer and better place than it is now, i don't know what development do you mean. Then, Brits left, real estate prices collapsed, and it became much worse. It's easy to see that Cyprus GDP is now lower (both nominal and real terms) than 10 years ago.