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Overseas Cypriots gather for annual conference
Representatives of Greek and Cypriot organizations abroad, who gathered in Nicosia for their annual conference, began their deliberations focusing on two main topics, the state of the economy and developments in UN-led efforts to find a political settlement to reunite Cyprus, divided since the 1974 Turkish invasion.
Delegates from all over the world also talked about their contribution to the struggle of the people of Cyprus and pledged to continue their support.
President of the Republic Nicos Anastasiades opened the two-day meeting.
World Federation of Cypriots Abroad (POMAK) President Haris Sophoclides said that Cypriots from abroad have gathered to exchange views with the Government and the political leadership on the best way to contribute to the recovery of the country’s battered economy.
Cyprus, divided since 1974 when Turkish troops invaded and occupied its northern third, agreed with international lenders on 10 billon euro aid package under which it closed down the Popular Bank and imposed painful losses on deposits of more than 100,000 euros held at the euro zone state`s biggest lender, Bank of Cyprus. Both institutions were heavily exposed to the Greek debt.
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