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Mete Warnings : 3 Deputy

Joined: 16 Aug 2005 Posts: 1150 Location: Boston
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| city wrote: |
Above quotes from German sources are not from the German Presidency but from Peer Steinbruck.
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Yes but Peer Steinbruck is not a random guy off the street, is he? I agree that he doesn't represent the whole government, but he represents part of the government (finance), doesn't he? To me it's an opinion within the German presidency.
| city wrote: |
What the official stand of the EU and its presidency is is stated in Kifeas' quote in his post above.
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Agreed. There are different voices within a government and at the end, there's always an official line whether everyone agrees or not.
It's good to have forums like these where we can hear the news from 2-3 different sources/perspectives. |
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city
Site Admin

Joined: 15 Aug 2005 Posts: 3423 Location: Larnaca area
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| Mete wrote: |
| city wrote: |
Above quotes from German sources are not from the German Presidency but from Peer Steinbruck.
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Yes but Peer Steinbruck is not a random guy off the street, is he? I agree that he doesn't represent the whole government, but he represents part of the government (finance), doesn't he? To me it's an opinion within the German presidency. |
yes, you are right.
However, I still think that Bananiots initial statement was incorrect.
If the German EU Presidency would indeed question the entry of Cyprus into the Eurozone, Peer Steinbruck would not be the one to officially do this.
Chancellor Angela Merkel would. |
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erolz
Site Admin

Joined: 11 Aug 2005 Posts: 4211 Location: Kyrenia / Girne
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cypezokyli
Ministerial

Joined: 20 Dec 2005 Posts: 2344
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from the european commission
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Malta and Cyprus are on target to join the eurozone after the commission today proposed that both countries should be allowed to adopt euro in 2008.
Following a thorough analysis, the European commission's verdict today is clear: both countries meet the necessary legal and economic conditions to join the euro (the "convergence criteria"). Provided they continue pursuing sound economic policies, they should be allowed to adopt the single currency on 1 January 2008.
This proposal is key for Cyprus and Malta's bid to be a part of the eurozone. The next step will be the discussion of today’s recommendations by EU leaders at their summit on 21-22 June, with the final decision being made by EU finance ministers on 10 July.
If ministers agree, there will be 15 countries using the single currency next year.
Cyprus clears final hurdle
Cyprus was judged to have met three of the requirements for joining as early as December 2006 and continues to do so. Its key challenge in the run-up to today's report was to address its outstanding areas of incompatibility with EU law. Full compliance was achieved in March this year, when the Cypriot parliament passed a law changing the rules governing Cyprus' central bank.
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http://ec.europa.eu/news/economy/070516_1_en.htm |
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stavrizatz
Mukhtar/is

Joined: 20 Feb 2006 Posts: 952 Location: Australia / Lefkosia
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| that good...I hope we have Euro soon, it will make travelling easier. |
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pg
Deputy

Joined: 17 Jan 2006 Posts: 1485 Location: Cyprus
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http://www.todayszaman.com/tz-web/detaylar.do?load=detay&link=111657
Hasan Erçakıca, spokesperson for the Presidency of the Turkish Republic of Northern Cyprus (KKTC):
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| "This decision made by the European Commission, without taking the Cyprus issue and the Turkish Cypriots into consideration, carries the danger of deepening the current deadlock concerning the Cyprus issue as well as turning the division on the island into a permanent situation," |
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Dhavlos Warnings : 1 Site Admin

Joined: 13 Aug 2005 Posts: 4697 Location: Birmingham
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i dont get this...
surely the euro would aid the norths economy (even without direct trade) if they too adopted it, cos the euro is a strong currency and would take away exchange rates that cost economies. I mean, its onyl a small thing, but even poltiically, wouldnt it be a 'good thing'?
oh, its all so bloody complicated, ive jsut learnt about EMU for my exam today *frazzled brain* |
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Mete Warnings : 3 Deputy

Joined: 16 Aug 2005 Posts: 1150 Location: Boston
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| Dhavlos, I agree. Euro in the north can only be better for people living there and it'd be a nice symbolically to have both sides of the island use the same currency. I don't know why the "progressive" government in the north doesn't even consider this option. |
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city
Site Admin

Joined: 15 Aug 2005 Posts: 3423 Location: Larnaca area
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| pg wrote: |
http://www.todayszaman.com/tz-web/detaylar.do?load=detay&link=111657
Hasan Erçakıca, spokesperson for the Presidency of the Turkish Republic of Northern Cyprus (KKTC):
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| "This decision made by the European Commission, without taking the Cyprus issue and the Turkish Cypriots into consideration, carries the danger of deepening the current deadlock concerning the Cyprus issue as well as turning the division on the island into a permanent situation," |
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I don't see why should it be deepening the deadlock . the two sides have different currencies now.
If at all I think it can bring positive developments. |
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Mete Warnings : 3 Deputy

Joined: 16 Aug 2005 Posts: 1150 Location: Boston
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| Dear city, don't try to make sense of the Cypriot politicians and their statements because populism and fantasy is what drives politics in Cyprus not common sense and realities. |
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city
Site Admin

Joined: 15 Aug 2005 Posts: 3423 Location: Larnaca area
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| Mete wrote: |
| Dear city, don't try to make sense of the Cypriot politicians and their statements because populism and fantasy is what drives politics in Cyprus not common sense and realities. |
isn't that valid for almost all politicians, regardless of where they are?  |
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Mete Warnings : 3 Deputy

Joined: 16 Aug 2005 Posts: 1150 Location: Boston
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isn't that valid for almost all politicians, regardless of where they are?
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There are different degrees of populism but you're right, all politicians depend on it in one way or another to a certain degree...we should just get rid of them all  |
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cypezokyli
Ministerial

Joined: 20 Dec 2005 Posts: 2344
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"politics are too serious a matter to be left to politicians" charles de gaulle
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turkcyp
Senior Villager

Joined: 10 Jan 2006 Posts: 423
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| Mete wrote: |
| Dhavlos, I agree. Euro in the north can only be better for people living there and it'd be a nice symbolically to have both sides of the island use the same currency. I don't know why the "progressive" government in the north doesn't even consider this option. |
I agree that Turkish Cypriots should stop using TL as currecnyt but I do not agree that Euro is the best choice. Purely from economical point of view GBP would be a better option for north rather than Euro. |
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Mete Warnings : 3 Deputy

Joined: 16 Aug 2005 Posts: 1150 Location: Boston
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| turkcyp wrote: |
I agree that Turkish Cypriots should stop using TL as currecnyt but I do not agree that Euro is the best choice. Purely from economical point of view GBP would be a better option for north rather than Euro.
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First, why is GBP economically a better option for the north? Second, even if we agree with your point, assuming that north Cyprus will officially be part of the EU in the coming years, wouldn't it make more sense to start using Euro now so we don't have to change currencies one more time later? Unless using GBP is far more superior to Euro, I don't see why we have to go through the currency change twice. |
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