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Wednesday, June 29, 2005

Cyprus regrets near loss of EU funds for Turkish Cypriots

"Cyprus regrets near loss of EU funds for Turkish Cypriots
CNA - NICOSIA-Cyprus - 29/6/2005 18:04
1805:CYPPRESS:06

Cyprus regrets near loss of EU funds for Turkish Cypriots

Nicosia, Jun 29 (CNA) -- Cypriot Minister of Foreign Affairs George Iacovou has expressed regret that a substantial amount of European Union funds, destined for the economic growth of the Turkish Cypriots, is at risk of not being delivered to them following disagreement among EU members.

He said the current EU presidency, Luxembourg, had secured Turkish Cypriot approval to allocate the funds but Ankara's direct interference had led Tuesday's negotiations to failure.

''We regret this development because it was us who had proposed that these funds be allocated to the Turkish Cypriots and for various political reasons several countries have essentially refused to approve the economic assistance,'' he said."
Cyprus regrets near loss of EU funds for Turkish Cypriots