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HURRIYET DAILY NEWS

Greek Cyprus hits Turkey with $1.3 billion bill

Hurriyet Daily News
2 min

Greek Cyprus has called on Turkey to pay a $1.3 billion bill on the behalf of the Turkish Republic of Northern Cyprus, arguing that the Turkish Cypriots had not paid for any electricity bill since they separated in 1963.

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Greek Cyprus says the government of Northern Cyprus should pay the 1 billion euro ($1.3 billion) electricity debt it has built up, refuting Turkish Cypriot claims of rights over the island’s gold and energy sources that the Greek Cypriot government is planning to sell in order to tackle its financial crisis.

Turks have paid no electricity bills since the separation of Turkish Cypriots from the Cypriot Republic government in 1963, Electricity Authority of Cyprus (AIK) Manager Hristos Tufeksis told Greek media, amid the ongoing dispute between the two sides of the island over gold reserves and off-shore energy resources that Greek Cyprus is looking to sell in order to recover from the EU bailout.

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