Sunday April 20, 2014 Search
Weather | Athens
17o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Turkish president says Cyprus crisis an ‘important opportunity’ to end division

By Andrius Sytas

Turkish President Abdullah Gul said on Wednesday the financial crisis in Cyprus presented an “important opportunity” to end the division of the island, split between the Greek Cypriot south and Turkish north.

The Mediterranean island concluded a 10 billion euro ($13 billion) bailout deal with the eurozone and the International Monetary Fund (IMF) on Tuesday in order to stave off bankruptcy.

It has been divided since a Greek Cypriot coup was followed by a Turkish invasion of the north in 1974. Efforts to reunite it have repeatedly failed and Turkey is the only nation to recognize the breakaway state on the north of the island

“There is at the moment significant economic crisis on the island. This should be seen as important opportunity ... Because if the island was to unite, there would be a greater economic potential,” Gul said during an official visit to Lithuania.

“There are some restrictions, embargoes on the island. Our suggestion is to lift any and all kinds of restriction or embargo simultaneously so that we can create a new climate for moving forward,” he said.

“I hope that this message will be well understood.”

Turkey’s failure to extend a customs agreement with the European Union by opening its ports to goods from Cyprus has hindered its ambitions to join the EU.

Turkey began EU entry talks in 2005, a year after Cyprus was admitted, but its bid has been blocked by the intractable dispute over the island, as well as by long-standing opposition from core EU members Germany and France.

German Chancellor Angela Merkel highlighted the Cyprus dispute as a stumbling block when she visited Turkey in February.

Relations between Greece and Turkey have thawed over the years, making a resolution more imaginable than in the past.

Beset by economic crisis at home, Greece last month pledged to double annual trade with its eastern neighbour to $10 billion by 2015.

Greek Prime Minister Antonis Samaras met his Turkish counterpart Tayyip Erdogan in Istanbul and signed deals on issues ranging from agriculture to disaster relief.

Gul said the potential for cooperation between Turkey and Greece made the possible benefits of Cypriot reunification even greater. [Reuters]

ekathimerini.com , Wednesday April 3, 2013 (20:50)  
Greek Christians mark rare Good Friday in north Cyprus
Greece offers to help find Turkish F-16 lost in 1996
Talks lined up in wake of ‘shameful’ soccer scenes
Dimou quits To Potami over Holy Fire quip
Eurobank share offering on April 25-29
Greece's third largest lender Eurobank, which is issuing new shares to help plug a capital shortfall, said on Friday that the cash call will take place from April 25 to 29. The transaction o...
PPC to issue corporate bond of 500 mln
Public Power Corporation is planning to tap the markets after Easter with the issue of a corporate bond to draw 500 million euros. The Energy Ministry is also eagerly awaiting the issue, as ...
Inside Business
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
BASKETBALL
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakos´s hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
Today
This Week
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
Today
This Week
1. Greece's market return mirrors return of tourists
2. Parties start announcing candidates for European Parliament elections
3. Greece startup leaders say they can’t break jobless cycle alone
4. Samaras sees no need for third bailout
5. Ground-breaking Good Friday mass signals thaw in Cyprus
6. IMF's Thomsen says Greece not fully financed to 2016
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.