Free Trial

Cyprus Issue May be The Fly in the Ointment for EU-Turkey Relations

TURKEY
  • Erdogan: realistic options must be discussed in Cyprus issue instead of dictating models proven to be ineffective to sides on the island
  • An international bias in favour of a federation in Cyprus has emerged after the US threw its weight behind Greece in recent weeks, countering Turkey's calls for a two-state solution
  • These talks in April could see relations degenerate between Greece and Turkey as the Turkish Cypriot leader has said he would not entertain talks unless they were on the basis of a two-state framework
  • Today's readout has shown that the EU is more concerned with East Med tensions than domestic human rights abuses in Turkey RE sanctions
  • So, Erdogan's approach to the Cyprus issue will be key to averting a shift back towards a tougher stance from the EU
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.