Cyprus-Forum.com

[Kikapu]

The CB needs to raise the interest rates to about 30% for a period of time to stabilize the lira and give it a chance to come down.

The markets are responding to this lack or meaningful measures and all these other military fronts Endog is creating in the meanwhile.

Turkey's budget cant afford it and the direct or indirect risk of economic damage as a result of it all is rising.

What a fck up.

Erdogan lowered the CB rates by a huge amount in the last 2 years, because he thinks the International markets will obey his wishes to keep inflation down and the Lira up.

[Londonrake]

EU warns Turkey of sanctions over 'provocations' in Mediterranean https://www.bbc.co.uk/news/world-europe-54381498

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[Paphitis]

EU warns Turkey of sanctions over 'provocations' in Mediterranean https://www.bbc.co.uk/news/world-europe-54381498

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Cyprus removed its veto for sanctions against Belarus after agreeing with Wonderliar, that the EU will review whether the EU imposed sanctions on Turkey if it doesn’t cease its provocations and exploration in the Cyprus EEZ.

One can only hope that Wonderliar is true to her word!

[repulsewarrior]

...i include this newscast because it is not the first this week where a Chinese vessel was fired upon.



...In Argentina the vessel was sunk, other countries also demonstrate accordingly, for their EEZ, by force against, what are considered, Criminal acts.

[Paphitis]

...i include this newscast because it is not the first this week where a Chinese vessel was fired upon.



...In Argentina the vessel was sunk, other countries also demonstrate accordingly, for their EEZ, by force against, what are considered, Criminal acts.

Chy-na should stop it’s illegal fishing within Indonesia’s EEZ.

Chy-na should stop escalating tensions in the region.

I find it difficult feeling sorry for Chy-na. It is 100% responsible as it is the country breaking international law here.

Full support to Indonesia and every country under threat from Chy-na thanks to their illegal actions.

The rhetoric from Chy-na is exactly the same as Turkey’s rhetoric from crazy Erdowan. Two cases of thief’s telling other countries to stop escalating despite them not being responsible one iota for any escalation whatsoever.

[Paphitis]

Looks like Cyprus got tricked again.

Convinced to lift its veto against sanctions for Belarus, Germany and EU have dropped Cyprus like a hot potato unwilling to sanction Turkey for its aggression.

When will we ever learn?

Can Cyprus reinstate its veto? If so, then do it.

The EU and Germany can’t be trusted as they lie time and again. It is the EU that has emboldened Turkey.

And now, they also plan to open up Varosha. Defeat after defeat for Cyprus,

We need to learn...,

[Kikapu]

Looks like Cyprus got tricked again.

Convinced to lift its veto against sanctions for Belarus, Germany and EU have dropped Cyprus like a hot potato unwilling to sanction Turkey for its aggression.

When will we ever learn?

Can Cyprus reinstate its veto? If so, then do it.

The EU and Germany can’t be trusted as they lie time and again. It is the EU that has emboldened Turkey.

And now, they also plan to open up Varosha. Defeat after defeat for Cyprus,

We need to learn...,

Actually, it’s not a bad deal what the EU did in warning Turkey without any sanctions right now, but also no commitment improving any of the commitments Turkey wants from the EU on economy, refugees and visa liberations. Any further illegal activity by Turkey in the East Med will bring sanctions without delay, which Turkey is not very happy about the outcome of the 27 EU member meeting. Turkey has already pulled back two of their drill vessels to port. The EU took the high road and can’t be accused not giving Turkey the opportunity to conform with the law of the sea which they are not signatory to. At the same time, Cyprus demonstrated that it will stand alone if need be in the EU.

As for Varosha, it is more of election BS in the north. It is not about opening Varosha, but opening a beach in Varosha, which has been opened anyway over a year ago to non GC individuals. This is a non issue as far as I can tell and will become a non issue after the elections are over.

[Get Real!]

As for Varosha, it is more of election BS in the north. It is not about opening Varosha, but opening a beach in Varosha, which has been opened anyway over a year ago to non GC individuals. This is a non issue as far as I can tell and will become a non issue after the elections are over.

Turkey running out of options to cause a stir, is now pretending to be doing something new but like you said… the northern Famagusta edge of the beach was already in use for years.

The notion that a 50-year derelict town can be “opened” is something akin to the opening of a circus or a zoo for spectators.

[Maximus]

Kadet Oversay has just quit his position as "deputy prime minister" because Tartar sauce wants to go ahead with opening a beach in Varosha.

Previously, Kadet Oversay was seen surveying Varosha in order to open it under TC administration. He was an overt supporter of this.

So how has this clown decided to quit now because Tartar sauce is going to open a beach and not the whole area?

I dont understand,

what kind of political circus is this; a beach is just about all that could be opened anyway and now, this is cause for Kadet to quit.

Turkey, nor the TC have the money required to restore Varosha and open it anyway.

[Kikapu]

Turkey, nor the TC have the money required to restore Varosha and open it anyway.

Yes, the money is a big factor Max, but the bigger factor are the UN resolutions on Varosha.

Bottom line, no changes on Varosha without RoC’s agreement.