Turkey stands to gain a peace dividend of over EUR 17 billion every year from a solution of the Cyprus problem, according to new research published by the Cyprus Centre of the Peace Research Institute Oslo (PRIO), with new annual gross revenue of EUR 12.3 billion and annual cost savings of EUR 5.1 billion. This is equivalent to 3.5% of Turkey’s GDP. A preview of benefits to Greece also identified at least EUR 3 billion per year for Greece.

Read more in the attached Press Release from the PRIO Cyprus Centre.