Cyprus' Economic Predicament May Affect Divide
The economic crisis hindering Cyprus may quicken an agreement regarding the nation's divide, as proclaimed by United Nations Special Envoy Alexander Downer.
- Published in Economy
The economic crisis hindering Cyprus may quicken an agreement regarding the nation's divide, as proclaimed by United Nations Special Envoy Alexander Downer.
Evangelos Venizelos will visit Strasbourg on Tuesday, in order to participate as President of the EU Council of Ministers with the Farmakonisi tragedy on the agenda of talks.
High unemployment and the lack of liquidity in the market for the support of small and medium-sized enterprises are the main problems of the Greek economy, which the European Commission believes, "will stabilize in 2014 and revert to a positive growth rate."