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UN observation post in Cyprus - Nicosia opposes direct trade between the EU and the north (Photo: UN)

Aid package for Turkish Cypriots set to be released

EU foreign ministers on Monday (20 November) moved closer to releasing a €259 million aid package for Northern Cyprus, stuck in Brussels' coffers since July 2004.

The European Commission had in July 2004 offered the financial assistance package to the Turkish-populated north of the island, following a rejection of the UN peace plan by the Greek Cypriot part in April that year.

The move was meant to end the isolation of the poor north, after the Greek Cypriot Republic of Cyprus, co...

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UN observation post in Cyprus - Nicosia opposes direct trade between the EU and the north (Photo: UN)

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