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Time runs out for EU aid release to Turkish Cypriots

If member states do not reach a deal on releasing a €259 million EU aid package for Northern Cyprus before the end of the year, half of the cash will be lost - but Turkish Cypriots have threatened to decline the aid altogether.

Diplomats indicated that the UK presidency will present a proposal to member states' ambassadors on Thursday (8 December) to release the financial assistance package to the poor Turkish-populated north of the island, proposed by the European Commission in July 20...

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Lefkosa, Turkish part of Nicosia - has seen no EU cash yet (Photo: EUobserver)

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