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Wednesday, August 03, 2011

Europe’s Cypriot Problem

"Europe’s Cypriot Problem
Failure to Negotiate in Good Faith May Cause Turkey to Turn Away
SOURCE: AP/Adem Altan

Turkey's Prime Minister Recep Tayyip Erdogan, right, and his counterpart Irsen Kucuk of Northern Cyprus.

By Morton Abramowitz, Michael Werz, Tyler Evans | August 3, 2011

With Brussels providing €219 billion ($314 billion) in financial life-support for the Greeks and likely more to come (and perhaps soon the Greek Cypriots, who face their own budget deficit crisis), French President Nicolas Sarkozy and German Chancellor Angela Merkel had the leverage not only to force the Greek government into austerity politics but also to induce a much more open-minded posture on the Greek side. But it seems France and Germany continue to use Greece to avoid a serious debate about the future of the European Union and Turkey. "

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