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Cyprus Talks Hit a Predictable Impasse as UN Rejects the Two-State Solution

TURKEY

LOCAL NEWS

  • CBRT Gov Kavcioglu to face questions (0830BST) regarding interest rates and inflation today as Turkey publishes its quarterly inflation report. Prior report saw a year-end inflation target of 9.4%
  • HealthMin Koca announces a deal for 50m Sputnik V vaccine doses due to arrive in two months, but says in the meanwhile there is a shortage with procurement becoming increasingly difficult.
    • 13.55m people have received their first dose, but most were given the perceivably ineffective Cinese Sinopharm and SinoVac vaccines
  • UN Chief Guterres declines Northern Cyprus' two-state solution proposal in yesterday's Greece-Turkey discussions – set to conclude today.
    • Guterres said the proposal could not be discussed within the UN mandate & EU did not endorse it.
    • This may see talks dissolve or tensions escalate as Turkish Cypriot leader has been firm in saying this must for the basis of talks
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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