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TRNC News Today 18th September 2014 – Leaders agreed to proceed to the next phase

TRNC News Today 18th September 2014

Leaders agreed to proceed to the next phase

During yesterday’s meeting, President Derviş Eroğlu and Greek Cypriot leader Nikos Anastasiades agreed to proceed to the next phase of Eroglu and Anastasiadesnegotiations.

Following the meeting, UN Secretary General’s Special Advisor on Cyprus – Eide, stated that the Leaders’ meeting was held in a friendly and constructive atmosphere and they agreed on a joint text regarding the next phase of the negotiations. Stating that the Leaders reviewed the current phase, Eide said it is also mutually agreed that negotiators and negotiation delegations completed submitting their proposals on all issues.

Furthermore, Eide said that both Leaders have reaffirmed their commitment to lead the negotiations in an interdependent, result orientated manner, through a ‘Win-Win’ approach, with the aim to reach a settlement as soon as possible and hold separate simultaneous referenda.

Eide also stressed that the Leaders will meet with United Nations Secretary General Ban Ki Moon in New York next week and they agreed to hold meetings at least twice a month.

In his statement to the press, President Derviş Eroğlu said “We have agreed to lead the negotiations in a constructive and result-orientated manner through a win-win approach. Result orientated negotiations can only be done with a reciprocal give and take approach. We have discussed this issue at the negotiation table. ‘Win-Win’ expression is included in the joint statement made by Eide today”.

Answering a question regarding the Greek Cypriot side’s reaction to the statement made by  the United Nations Secretary General on ‘give and take’ process, Eroğlu said that two statements were made yesterday, one regarding ‘give and take’ and the other after the Greek Cypriot side’s reaction.

Minister Nami meets with Eide

Minister of Foreign Affairs – Özdil Nami met today with Espen Barth Eide, the United Nations (UN) Secretary-General’s Ozdil Nami image 3Special Advisor on Cyprus.

Minister Nami congratulated Eide on his new appointment and expressed his hope that with this appointment the negotiation process will gain momentum.

During the meeting, Minister Nami also expressed his views regarding the latest stage of the negotiation process, as well as what can be done in order to move the process forward.

Minister Nami expressed that he will support Eide throughout the negotiation process and emphasized that he is ready to cooperate in any way in order to achieve the common goal of finding a settlement to the Cyprus issue.

“Best route for Israeli gas is Turkey” say experts

According to experts, although Israel indicates Greece as the route for Gas pipeline imageselling its natural gas to Europe, Turkey remains the most feasible route.

Although Israel will not be able to drill the gas found in Leviathan gas field before 2017, the talks and agreements made in this regard draws attention. Following the agreement made with Jordan, Israeli Foreign Affairs Minister – Avigdor Liberman stated that they could sell gas to South Eastern European countries and  a 20-30 billion-dollar pipeline will be constructed via Cyprus and Greece for transferring gas to Europe. Experts stated that taking into consideration the EU’s future gas supply concerns, Israel is preparing  infrastructure  plans from today, however the most feasible route in terms of time and cost for carrying gas to Europe still remains Turkey.

Moody’s makes negative evaluations on the Greek Cypriot Banking System

Moody’s, the international credit rating agency, once again made negative evaluations on the Greek Cypriot banking system.Euro loans

Greek Cypriot daily Haravgi reported that the agency expects an increase in the number of problem loans within 12-18 months, which in turn will exacerbate losses and erode banks’ capital.

Furthermore, Greek Cypriot daily Fileleftheros reported that, based on the data of Greek Cypriot Statistics Department, the rate of those who are under the threat of poverty or social discrimination increased 4.5% within 5 years. The newspaper underlined that this rate, which was 23.3% in 2008, increased to 27.8% in 2013.

Source: TRNC Public Information Office