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article imageTurkish Cyprus claims rights to Greek Cypriot gold

By Katerina Nikolas     Apr 17, 2013 in World
Turkish Cypriots are claiming rights to the island's gold reserves which the Greek Cypriots are planning to sell as part of the EU bailout.
The Cyprus Mail reported the office of Turkish Cypriot leader Dervis Eroglu issued a statement claiming the gold belongs to both Turkish and Greek communities, and cannot be sold without Turkish Cypriot consent.
The Turkish republic of Northern Cyprus is not recognized by the international community, excepting Turkey, since a third of the island was seized in 1974. However, the statement issued said "the Republic of Cyprus was established in 1960 as a common state between Greek and Turkish Cypriots and that all its resources, including the gold belongs to both communities on the island."
Cyprus has agreed to sell gold to the value of €400 million to finance part of the EU bailout according to the Telegraph. Ekathimerini reported that European Green politician Daniel Cohn-Bendit has criticised the troika for failing to insist on the country's reunification as a condition of the bailout.
More about Turkish Cyprus, Cyprus gold, Cyprus reunificiation, Dervis Eroglu, cyprus bailout
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