Study: Cyprus Peace Deal would See Economy, Incomes Grow

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Study: Cyprus Peace Deal would See Economy,...
 © The National Herald 2020
NICOSIA (AP) — A so-far elusive deal to reunite Cyprus would mean more money in pockets on both sides of the ethnically divided island, a World Bank and U.N.-funded report said Monday.

Presenting the study’s results, authors Enrique Aldaz-Carroll and Reena Badiani-Magnusson said a peace accord could boost the incomes of Greek Cypriots and Turkish Cypriots by 7% within a decade.

They said economic growth could mark an extra annual increase of 0.4 percentage points in the country’s south — where the internationally recognized government is...


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Study: Cyprus Peace Deal would See Economy, Incomes Grow


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Article Tags: study, cyprus, peace, would, economy, incomes,