"EU works on new formula to solve Cyprus deadlock
The European Union (EU) is reportedly working on a new formula to solve the deadlock on real estate and trade disputes between Turkish and Greek Cypriots.
The EU is preparing a formula to solve both problems by urging mutual concessions, according to the Greek Cypriot media.
The formula is said to stipulate the preservation of the current status of real estates that once belonged to Greek Cypriots in the Turkish Republic of Northern Cyprus (TRNC) and Turkish properties in the Greek side."
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