Coop mergers seen intensifying

The pace of mergers between the Cooperative Credit Societies is seen accelerating with the Coop movement expecting the merger of at least 135 Coops under the umbrella of 21 major units, which

Pressure rises on Turkey’s EU course

Pressure on Turkey with respect to its EU accession course rose this week as the EU opened the chapter on the Customs Union with Croatia but not with Turkey. The customs union

Doubts remain over Papadopoulos-Talat meeting

Doubts remain about whether (Greek Cypriot) President Tassos Papadopoulos and Turkish Cypriot leader Mehmet Ali Talat will meet for anything other than a quick handshake during the visit of UN Undersecretary General

EU gas to come via Turkey

Energy ministers from Turkey, Austria, Hungary, Romania and Bulgaria have agreed with the European Commission to accelerate building the Nabucco gas pipeline from Iran to Europe via Turkey. The agreement was signed

DP ousts CTP from north Nicosia seat

Cemal Bulutoglulari of the Democrat Party (DP) narrowly beat the incumbent Kutlay Erk of the Republican Turkish Party (CTP) in the municipal elections for the unrecognised Turkish Republic of Northern Cyprus on