Cyprus talks seen as last chance for peace solution, EU energy boom


Cypriot President Nicos Anastasiades arrives (C) arrives for the second day for the Cyprus Peace Talks, at the European headquarters of the United Nations in Geneva, Switzerland, January 10, 2017.

Promise that hydrocarbons can bring riches to the region can act as a catalyst to promote settlement

UN-led talks on the reunification of Cyprus are talking place in Geneva this week seen as the best chance for a peace settlement on the divided island that may also accelerate the exploration of hydrocarbons in the East Med region and their export to the European market.

“The news coming out of Geneva is that they are hopeful that a solution can be found but if not they do not see this as the final step,” Cyprus Natural Hydrocarbons Company CEO Charles Ellinas told New Europe on January 10. “...

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