European Council condemns South Cyprus for racism
9 November, 2015Özgürgün won the victory at the National Unity Party (UBP)
9 November, 2015World Bank Eastern Europe President Dirk Reinermann announced that the World Bank is ready to help in order to support the Cyprus problem if it is demanded.
In a special statement to the Greek weekly newspaper Kathimerini, pointing out the experience in other countries, Reinermann stated that the economic advantages of a possible solution in Cyprus would be more than the disadvantages, but a solution should be found to the very high public debt in both communities.
Mentioning the advantages, Reinermann said “The accessibility of the Greek Cypriots to the Turkish market and the Turkish Cypriots to the EU market are especially important factors.”