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Tuesday, February 15, 2011

Marcoullis: Turkish embargo on Cyprus has impact on EU

"Marcoullis: Turkish embargo on Cyprus has impact on EU

February 15, 2011

Communications and Works Minister Erato Kozakou Marcoullis has said that losses in Cyprus’ economy as a result of Turkey’s air and sea embargo against Cypriot flagged vessels amount to 138,5 million euro, accounting for 1,3 % of the GDP (Gross Domestic Product). "

More:Financialmirror.com News - Marcoullis: Turkish embargo on Cyprus has impact on EU