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Cyprus News | North to Convert to Euro

Cyprus News | North to Convert to EuroAccording to TRNC President Mustafa Akinci speaking on NTV television, the process of changing from the Turkish lira to the euro has already begun in the north. President Akinci and President Anastasiades agreed on the establishment of a committee for economic harmonisation during their meeting on Monday, with the help of EU experts.

Akinci said that the transition to the euro, customs union and other harmonization work cannot be left until after a positive vote in a referendum on the Cyprus settlement.

“This is an on-going process beginning with the euro and the customs union. Harmonisation on health, environment and other areas will follow.” he said.

Technical details for the transition from the Turkish lira to the euro will be discussed with Turkey.

Another good reason to feel less than enthusiastic about a united Cyprus?

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1 comment to Cyprus News | North to Convert to Euro

  • Polly Marples

    ooops what value your lira now?

    Not much at the moment anyway.