"Reforms needed with or without Turkish Cypriot euro adoption
27/02/2007
Whatever the pros and cons of a unilateral adoption of the euro by Turkish Cypriots on the same day as it is formally adopted by the Republic of Cyprus controlled areas, the Turkish Cypriot economy needs serious structural reform. This was perhaps the only consensus that came out of a wide-ranging debate on Tuesday at a conference at the Turkish Cypriot Chamber of Commerce, in which the findings of a study by a bicommunal initiative group of economists was discussed.
The researchers—Praxoula Kyriacou, Stelios Orphanides, Yenal Surec and Vargin Varer—looked at the pros and cons of adopting the euro in the north."
More:Financial Mirror
