Application of Cyprus to the European Union and the Cyprus Problem

Kamil Sertoglu and Ilhan Ozturk

Emerging Markets Finance and Trade, 2003, vol. 39, issue 6, 54-70

Abstract: The Cyprus problem became a subject that not only threatens the acceptance of Cyprus to the European Union but the whole enlargement process as well. Greece strongly supports the acceptance of Cyprus to the Union even without a solution to the Cyprus problem. On the other hand, other EU members and Turkey firmly reject this proposal. The study evaluates the application of South Cyprus to the European Union and the reasons for application. Although there are various possible economic gains for South Cyprus from EU membership, political gains go far beyond them and acceptance of Cyprus to the Union before a solution is reached for the Cyprus problem would bring many political benefits for South Cyprus in respect to its relations with Turkey.

Keywords: Cyprus; Cyprus problem; EU enlargement (search for similar items in EconPapers)
Date: 2003
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