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Day After III
The report estimates that a reunification of Cyprus would provide Turkey with an annual peace dividend of EUR 17.4 billion (3.5% of 2009 GDP), comprising EUR 5.1 billion in savings and EUR 12.3 billion in additional export revenue. Key gains for Turkey include the potential for EUR 7 billion from financial and business services, EUR 1.7 billion from transport, and EUR 1.6 billion from tourism. Additionally, Turkey could see foreign direct investment (FDI) rise to EUR 33 billion per year. Greece is projected to benefit from EUR 2.3 billion in annual military savings, EUR 19.8 billion in FDI, and various gains in tourism and energy transit. The document highlights energy as the greatest opportunity, noting that a settlement would unblock Turkey's EU accession energy chapter and facilitate projects like Blue Stream-2.
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Document type: Report