Newsletter

Subscribe to our newsletter and you'll receive regular emails keeping you up to date on our latest news, special offers and exclusive member only deals!

Latest News

UN representative Mr. Downer talks of a solution in Cyprus by the end of 2010:
The United Nation special representative for Cyprus, Mr. Downer showed hope that a deal on the separated island could be brokered by the end of this year...
Fresh Hope Comes with Cyprus Peace Talks:
Ongoing Cyprus peace talks could be a new opportunity for property investors eyeing up North Cyprus property market. ...
The Orams decision and North Cyprus economy:
What does the Orams decision really mean for North Cyprus property market?...
 

Fresh Hope Comes with Cyprus Peace Talks


Posted on 2010-01-11 20:03:44


Ongoing Cyprus peace talks could be a new opportunity for property investors eyeing up North Cyprus property market.

Historic talks are underway in the divided island of Cyrpus in a bid to broker a peace deal later in the year. A peace deal would open doors for citizens and visitors alike, and greatly improve Turkey's chance at gaining EU membership.

 

Greek Cypriot president Dimitris Christofias and Turkish Cypriot leader Mehmet Ali Talat have begun a six day round of talks aiming to overcome the obstacles that stalled progress over the past 16 months.

 

Jaded Cypriot populations on both sides may not be expecting too much after many months of failed talks – but experts say the present meetings offer a glimmer of hope that some resolution can be reached.

Cyprus' Nicosia University International Law professor Tim Potier is optimistic about a positive outcome, but warned that an agreement must be made by the end of the month.

"Warm words or little more than that, by the end of the month, would suggest that the process is likely to end in failure,” he said. “The leaders of the two communities have to lead the nation, otherwise others, with alternative ambitions, will lead it for them."

Tourists and regular visitors to Northern Cyprus are also holding their breaths; because the Turkish Republic is recognised only by Turkey, those flying to North Cyprus' Ercan Airport are forced to stop in Istanbul or Izmir or any other Turkish airport before continuing to Northern Cyprus. A united Cyprus could only improve Northern Cyprus' status on the tourist trail.

Cyprus was split in 1974 when Turkey invaded after a coup by supporters of union with Greece. The island joined the European Union in 2004, but only Greek Cypriots enjoy the benefits.





These cookies enable services you have asked for. This information is not used for advertising on other sites. These cookies collect anonymous information on the pages visited. This information is not used for advertising on other sites. These cookies remember choices you make to improve your experience. This information is not used for advertising on other sites. These cookies share information about your browsing habits with 3rd parties to help make advertising relevant to you and your interests. Privacy settings allow you to enable or disable cookies. we use cookies to improve your experience on our website.