Talks to solve Cyprus problem could be back on again

Significance

The second round pits against each other two very different visions for settling the division of Cyprus. In one, negotiations resume for a settlement problem under a power-sharing federal model. In the other, Greek and Turkish Cypriots negotiate formal partition and two internationally recognised states.

Impacts

• The second round will present voters with a clear choice between pro-reunification and pro-two-state candidates.
• Tatar’s administration is now in a minority after the People’s Party pulled out objecting to the reopening of Varosha beach.
• A solution of the Cyprus problem, it has recently been estimated, would lift all-island GDP by EUR14bn-17bn (USD16.4bn-19.9bn).