Cyprus: The costs of failure

The latest round of settlement talks on the divided island of Cyprus will reach their decisive phase later this year or in early 2010. In this new CER briefing note, Lord Hannay contemplates the costs of failure of such talks, which could range from bad blood between Ankara and Athens to collateral damage to EU-NATO relations. He cautions, however, against expecting quick process, given that the success of the Cyprus talks has become intertwined with progress in EU-Turkey accession negotiations. The best thing the EU can do to help a Cyprus settlement is to keep its relationship with Turkey moving forward.