Cyprus may be small, but its reunification could have huge global ramifications – Telegraph

English: Map of Cyprus showing districts

English: Map of Cyprus showing districts (Photo credit: Wikipedia)

The UK Telegraph claims that according to some estimates, reunification of unification  could boost the island’s GDP by €5bn within five years (or €1,700 per capita) and €10bn within 20. It qualifies that this is a considerable fillip given that GDP in the south was only €21.1bn last year.

Source: Cyprus may be small, but its reunification could have huge global ramifications – Telegraph

As a UK national resident in Cyprus, I am encouraged that mainstream newspapers are looking to Cyprus’ upside potential.

It’s interesting to speculate on where the benefits will fall. Here’s my take on what to expect:

  • A massive property boom
  • Accelerated development of Cyprus offshore gas and oil, with the related secondary industries.
  • Cyprus global investment hub and business services to benefit.
  • Higher education achievement, with related increased skills to attract more high technology industries, and of course
  • Cyprus’ location in the Mediterranean with three hundred days of sun will guarantee a boom in tourism and related consumer service industries, like restaurants, hotels and shops.

Of course, since King Richard the Lionheart Cyprus has been a strategic location. Did you know that Richard the Lionheart was married in Limassol, Cyprus?

Thoughts?

Lock us up until we reach a Cyprus deal: Turkish Cypriot leader – INTERNATIONAL – Hurriyet Daily News

English: Sign at the Cypriot-Cypriot "bor...

English: Sign at the Cypriot-Cypriot “border” towards the Turkish part. (Photo credit: Wikipedia)

English: Map of the districts of Cyprus, named...

English: Map of the districts of Cyprus, named in English, with English annotations, and showing the Turkish Republic of Northern Cyprus, United Kingdom Sovereign Base Areas, and United Nations buffer zone. The individual maps see below. Deutsch: Karte der Distrikte Zyperns: Griechische Verwaltungszonen, Türkische Republik Nordzypern, UK-Militärbasen, UN-Pufferzone (englische Beschriftung). Zu den Einzelkarten siehe unten “Individual maps”. (Photo credit: Wikipedia)

Turkish newspaper Hurriyet reports that the time for concentrated peace talks in Cyprus, where the parties to the solution should be locked up in a room and not allowed out until they reach an agreement, was needed, citing the president of Turkish Cyprus.

Source: Lock us up until we reach a Cyprus deal: Turkish Cypriot leader – INTERNATIONAL

With international political leaders giving both sides encouragement, the talks seem to be more positive than previously. Perhaps, there is room for cautious optimism.

Thoughts?

 

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