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Cost of Cyprus solution may reach 30 billion euros

Staff writer |
The leaders of the Greek and Turkish Cypriot communities of Cyprus, currently engaged in negotiations aimed at reunifying the island, have said the cost of a solution has been estimated at between 25 billion euros and 30 billion euros.

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Nicos Anastasiades, the internationally recognized President of the Cyprus Republic, acting as leader of the Greek Cypriot community, and Turkish Cypriot leader Mustafa Akinci, said the cost of a solution is one of the major problems. But they added that they believe it will be solved.

The estimated cost of the solution is almost two times the current 17.5-billion-euro annual GDP of Cyprus.

The two community leaders gave separate interviews to the channel but they replied to identical questions.

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