Cyprus government debt stands 74.6% of GDP

President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will meet again Friday in the framework of the ongoing UN-led direct negotiations for a solution to the Cyprus problem, during which they will continue discussion on the chapter of property.

The meeting will start at 1000 local time at the UN Protected Area of Nicosia.

Alexander Downer, UN Secretary-General Special Adviser on the Cyprus problem had said that during the last meeting, the two leaders held a friendly discussion on the property issue but need more meetings to make progress on the issue as they gradually make progress while getting closer to the end of the process and eventually move to another chapter.

Christofias and Talat began UN-led talks in September 2008 in a bid to achieve a mutually agreed solution to the problem of Cyprus, divided since 1974 when Turkey invaded and occupied its northern third.

The two leaders have entered the second phase of the talks for the ''second reading'' of the six chapters of the Cyprus problem, namely, governance and power-sharing, property, EU matters, economic matters, territory and security and guarantees.

Financial Mirror, November 13, 2009|||Christofias and Talat continue discussion on property issue
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