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31. It’s Simple—the Cyprus Negotiations Will Fail: A Case Study

Author:
Roger L. Jennings
Publication Date:
04-2016
Content Type:
Journal Article
Journal:
American Diplomacy
Institution:
American Diplomacy
Abstract:
Currently the Greek and Turkish Cypriots are negotiating a unification of the two populations on the island of Cyprus. The Turkish Cypriots are very optimistic an agreement will be reached, but Greek Cypriot President Anastasiades counsels caution. When the world understands the history of Cyprus, the Greeks and the Turks, then people will understand why the negotiations as they are currently being conducted will fail. Ultimately, Turkey and its client the Turkish Cypriots will lose patience with the Greek Cypriot method of negotiation, and north Cyprus will become a province of the Republic of Turkey. The Greek Cypriots will not like a large influx of Turks to this new Turkish province. A successful conclusion to the negotiations is within the control of the Turkish Cypriots, but their leaders do not comprehend their potential and are not interested in advice. The current political administration of north Cyprus is following the same course as the failed prior political administrations.
Topic:
Foreign Policy, Diplomacy, Sovereignty, History, Territorial Disputes, and Negotiation
Political Geography:
Turkey, Greece, Cyprus, and Mediterranean

32. The “Spirit Of Davos” Revisited: The Greco-Turkish Rapprochement And Its Effects On The Greeks in Turkey (1987-1989)

Author:
Asli Bilge
Publication Date:
06-2015
Content Type:
Journal Article
Journal:
Alternative Politics
Institution:
Department of International Relations, Abant Izzet Baysal University, Turkey
Abstract:
This article focuses in detail on the rapprochement period or the “Davos spirit” of the late 1980s, initiated by Turkey who was searching to rejuvenate its relations with the European Community. The aim is to shed light on the measures, appropriated by the government concerning especially property rights not fully known in details by the public. The utilitarian approach will be analysed closely in order to find out whether those measures were effective on the long run on the Greek minority.
Topic:
Diplomacy, Regional Cooperation, European Union, and Regional Integration
Political Geography:
Europe, Turkey, and Greece

33. Laid Low: The IMF, The Eurozone and the First Rescue of Greece

Author:
Paul Blustein
Publication Date:
04-2015
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
As Greece descended into a financial maelstrom in the spring of 2010, a small group of staffers at the International Monetary Fund (IMF) held top-secret talks with officials from the German and French finance ministries to discuss the idea of restructuring Greece’s debt. Many independent analysts believed a restructuring was inevitable because the country’s debt burden appeared unsustainable. But instead, the “Troika” — the tripartite group of lenders that included the IMF, the European Commission and European Central Bank — attempted to resolve the crisis by giving Athens bailout loans of unprecedented magnitude, piling debt atop debt. The idea considered in those secret talks would come to fruition only much later, in March 2012, when Greece received the largest debt relief in history. In the meantime, the rescue effort would go terribly awry, with consequences that continue to reverberate today as the euro area struggles with weak growth and a rekindled crisis in Greece. This paper tells the story of the first Greek rescue, focusing on the role played by the IMF. A detailed look back at this drama elucidates significant concerns about the Fund’s governance and its management of future crises. The Fund has come under attack for yielding to the clout of European policy makers and lending its credibility to a rescue that some of its senior staffers viewed with grave misgivings. The result, critics lament, tarnished the Fund’s reputation for technocratic judgment, rendering it less effective at promoting international stability. The 2010 rescue enabled Greece to avoid default at that point, which might well have sparked a global conflagration akin to the 2008 bankruptcy of Lehman Brothers. European banks holding Greek bonds continued receiving payments of interest and principal for quite a long time thereafter, from the money lent by the Troika. But the interests of the Greek people were arguably sacrificed, and among economists there is widespread agreement that the country’s debt should have been restructured much sooner. In addition to shedding new light on what happened, this chronicle of events highlights the importance of the IMF’s acceptance, as a condition of its participation in the rescue, of a “junior partner” role in the Troika. This step is judged in the concluding section as being particularly ill-boding for the IMF’s ability to manage future crises, and policy recommendations are offered for alleviating the harm.
Topic:
Debt, Diplomacy, Regional Cooperation, Fiscal Policy, Eurozone, and IMF
Political Geography:
Europe and Greece

34. Cyprus – Should the UN Withdraw?

Author:
Jan Asmussen
Publication Date:
04-2011
Content Type:
Policy Brief
Institution:
European Centre for Minority Issues (ECMI)
Abstract:
Ban Ki Moon’s long awaited progress report on the negotiations in Cyprus did not come up with a final recommendation on how long the United Nations will be committed to engage in Cyprus. However, he warned that the UN would not continue indefinitely to spend efforts and money on a process that does not seem to render any progress. Indeed there is not much to suggest that a negotiated solution is anywhere close to be concluded in the foreseeable future. This appears strange as on the onset the past three years have seen the most intensive and most comprehensive negotiation process ever.
Topic:
Diplomacy, International Cooperation, United Nations, and Negotiation
Political Geography:
Europe, Turkey, Greece, and Cyprus

35. EU-India strategic partnership: Taking the stock

Author:
Alok Rashmi Mukhopadhyay
Publication Date:
08-2010
Content Type:
Working Paper
Institution:
Institute of Foreign Policy Studies, University of Calcutta
Abstract:
The prevalent perception of the European Union (EU) in India is predominantly constructed by the British and American media. At the time of a global economic downturn, its ripple effects on the continent especially on the 'PIIGS' (Portugal, Ireland, Italy, Greece and Spain) and an imminent crack in the Eurozone have been the debate of the day. In a recent article in The National Interest, James Joyner, has however examined this genre of 'Europe's obituary'. Making a comparison with EU's transatlantic sibling, he identifies three errors in this type of analyses, 'treating the EU as if it were a nation-state, regarding anything less than utopia as a failure, and projecting short-term trends long into the future'. However Joyner is also right when he describes the EU as 'a confusing array of overlapping treaty commitments'.
Topic:
Foreign Policy, Diplomacy, Economics, International Trade and Finance, and Bilateral Relations
Political Geography:
United Kingdom, America, Europe, India, Greece, Spain, Italy, Portugal, and Ireland