Cyprus reunification ‘worth 20 billion euros’

A study prepared by Turkish and Greek Cypriot economists predicts that a peace deal would generate 20 billion euros for the divided island, by expanding the size of their economies Cyprus reunification deal would generate a 20-billion-euro ($27.2 billion) peace dividend for the recession-hit island, according to a study released.

Turkey concerned over ‘abduction’ of OSCE observers in Ukraine

Turkey is deeply concerned over the “abduction” of four observers of the Organization for Security and Co-operation in Europe (OSCE), including a Turkish citizen, by “unknown persons” near the eastern Ukrainian city of Donetsk on May 26, the Foreign Ministry has stated.

Europe vote and Turkey

Although it was not given much attention in Turkey, with the latest Lisbon Treaty, the European Parliament has gained prominence in European politics and thus the winners and losers of the last weekend’s elections indeed will have an impact on the climate between Turkey and Europe as well.

EU teams continue helping Serbia

BELGRADE - EU-provided civil protection teams have continued to help Serbian authorities dealing with the consequences of floods, primarily through drainage operations, pumping activities and water purification, the Delegation of the European Union to the Republic of Serbia has relased in a statement.

Bulgarian Household Electricity Bills Lowest in EU

Bulgarian households had the lowest electricity bills in the European Union in the second half of 2013, Eurostat data has revealed.

A family in Bulgaria pays EUR 8.8 per kWh of energy on the average, compared to EUR 20.1 for the EU as a whole.

Romania (EUR 12.8) and Hungary (EUR 13.3) rank second and third, according to the European statistical agency.