Cyprus-Forum.com

[elko]

DT,
This is a good coffeeshop. We offer you compensation and some coffee if you behave yourself. Don't be shy, put in your application first thing tomorrow morning before the funds run out. You know it is first come first serve. Do hurry up!!
ismet

PS: Give my best regards to your beloved Papadop, he is such a nice guy. While he is in China, he should also go to the Hainan Islands, very nice and touristic place. He deserves it.

[paaul12]

Piratis wrote:

I can't see the satisfaction for the Turkish side here ?

The ECHR has awarded a sum of dosh to a Greek Cypriot land owner.

The reason the dosh was handed over is because Turkey has found to be guilty of restricting the human rights of the individual concerned.

Turkey has been confirmed as the bad guy here - what is there to celebrate ?

The Court welcomes ''the steps taken by the Turkish government in an effort to provide redress for the violations of the applicant's Convention rights as well as in respect of all similar applications pending before it.''

It notes that ''the new compensation and restitution mechanism, in principle, had taken care of the requirements of the decision of the Court on admissibility of 14 March 2005 and its judgment of 22 December 2005.''

Its party time

[MR-from-NG]

Its party time

Are Piratis, Kifeas and co invited?

[pitsilos]

i gotta give it to the hard working turks. always striving and pushing themselves to the limit. always thinking of the number one spot.

well here is an efford to be highly applauded and commended for their courage, and endurance. finally a light at the end of the tunnel.

turkey will be applying for another IMF loan pushing her all the way to the top as the number one begger/borrower of the world.

three cheers to turkey and a deserved well done.

how the hell is turkey gonna get all this money when the property in dispute is measured in billions?

some people should resign to the fact that spanking the monkey is where their real talents are

[Viewpoint]

Do we detect a tad of bitterness from our GC neighbours? when things go a little against their wishes, you truly live up to your spoilt child image in the EU of stamping your feet and screaming at the top of your voice, everything is mine it should be me that wins every time .

[reportfromcyprus]

In my view, no one gets what they want. Aresti doesn't have access to her property; Turkey doesn't have full approval for the Immovable Property Commission, and the government doesn't get to prove that the Commission is illegal.

Where's the victory here? Surely real "just satisfaction" would be a proper Cyprus solution so that people like Aresti can go back to their properties.

[Viewpoint]

In my view, no one gets what they want. Aresti doesn't have access to her property; Turkey doesn't have full approval for the Immovable Property Commission, and the government doesn't get to prove that the Commission is illegal.

Where's the victory here? Surely real "just satisfaction" would be a proper Cyprus solution so that people like Aresti can go back to their properties.

I agree but what you must appreciate is that you can not have it all your own way, we the TCs are used to this as we appear to always be on the losing end but the last 3 years have shown that the world is listening to both sides of the story, the TCs now have a voice so the GCs will not always have it their own way. We are just as prepared to argue our side as they do theirs they cannot expect us to just shut and go away this will not happen and in time the EU will get sick of the GC run south problem just like the UN.

[reportfromcyprus]

I appreciate that no one in life has everything their own way.

The TC have just as much right to a voice and to their human rights as anyone else on this island.

If we don't achieve a balance ourselves, no one can help; not the UN, the EU or anyone else.

[pitsilos]

Do we detect a tad of bitterness from our GC neighbours? when things go a little against their wishes, you truly live up to your spoilt child image in the EU of stamping your feet and screaming at the top of your voice, everything is mine it should be me that wins every time .

thats your comeback?

isn't turkey occupying the number 2 spot with the imf? and where you think she is gonna get the estimated billions for all the payouts? borrow more perhaps? if they give it to her in the first place. and if they do give it then turkey will be number one.

how the hell turlkey is going to pay for the estimate billions when she hasn't got 2 cents to scratch together. try answering this

why not try and dispute the facts vp, rather than come with ridiculous arguments.

ps. just on a side note, how many countries you know that after occupying the number 2 spot at the imf, have actually pulled themselves out of the shit? and what type pf economies they are today? apart from argentina soon to be number 2, brazil was up there, a little down but the economy is still screwed. i was just wondering.

[paaul12]

isn't turkey occupying the number 2 spot with the imf? and where you think she is gonna get the estimated billions for all the payouts? borrow more perhaps? if they give it to her in the first place. and if they do give it then turkey will be number one.

Don’t worry about the money; there is plenty of that around to satisfy any judgement. Its amazing just how much money can be found out of no where to fight all these WARS, do you know that it has been calculated that Iraq's war's cost as of Wednesday 8/26/2004 11:24 at $134.5 billion and are adding $177 million per day, which comes to $7.4 million per hour or $122,820 per minute.

http://www.usatoday.com/news/politicsel ... lock_x.htm

Turkey would simply have to ask dear old uncle Sam for a few bucks to solve the old Cyprob and they would be glad to pay up, I bet there would even be others only too happy chipping in.

The money can alwys be found, its geting the "people" {our Leaders} to agree that seems to be the hard bit, in the end its alwasy "US" the man and women in the street who pays, some how and not the little money fairy’s.

Turkey's economic future looks bright
By Jon Gorvett
Published: December 6, 2006


ISTANBUL: Disputes over the divided island of Cyprus, shrinking enthusiasm among Turks for joining the European Union and growing skepticism in Europe about Turkey's suitability for membership are expected to collide at a series of EU sessions and meetings this month.

But regardless of the outcome, most analysts believe that the underlying strength of the Turkish economy will help the country pull through, even though its pride may be battered a bit.

Many predict growth this year of about 6 percent; it was 7.4 percent in 2005 and 8.9 percent the year before.

Foreign interest also has been booming, as has the country's export sector. Last year, Turkey trailed only Saudi Arabia and the United Arab Emirates in foreign direct investment in the region, attracting about $9.7 billion — a far cry from the few million that used to trickle in during the 1990s.And goods and services sold overseas may total more than $800 billion this year, almost twice the $473 billion tallied as recently as 2003.

"I don't think we'll see any major changes as a result of all this noise about the EU," said Ozgur Altug, chief macroeconomist with Raymond James Securities in Istanbul.

"It may have a short-term effect on asset prices and exchange rates, and if there is a currency correction this may push up prices and slow economic growth a little, but that's all."

Many point out that growth had been slowing anyway, with the currency correction that hit emerging markets in May and June having a significant effect on Turkish consumer confidence.

"Looking at automotive sales, white goods sales — all these went down after May," said Gizem Oztok, an economist for Garanti Securities in Istanbul. "The growth rate in consumer loans has also been flat."

Interest rates have been creeping up, with the real rate at about 13 percent and consumer loans averaging several points more. As a consequence, Altug said, "no one wants to spend."

But the slowdown has not affected the luxury end of the market greatly. Although one outcome of EU uncertainty might be a weaker Turkish lira, pushing up import prices while making Turkish exports cheaper, few analysts expect that any devaluation would be significant enough to make much of a dent in high-end spending.

"There'd have to be a devaluation of more than 8 to 10 percent before we'd see any impact," Altug said.

The EU gave Turkey a Dec. 5 deadline to extend its EU customs union to include the Cypriots, but the effort was going nowhere as December began. There will be elections next year for president and Parliament; to appear to recognize the Greek Cypriots would be seen by many Turks as a betrayal of the national interest.

Most analysts see a classic EU compromise as the most likely result.

Cem Akyurek, chief economist at Global Securities in Istanbul, said, "The membership process for Turkey is clearly different from that of other countries."

"With the others," he said, "we all knew that in the end they would join, but with Turkey there will go on being a question mark till the very last moment."

http://www.iht.com/articles/2006/12/06/reports/reu.php