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He added that there was no question of Cyprus having to take "harsh measures".
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There was word late today of a possible compromise among European foreign ministers in Brussels, but there was no certainty that Turkey's fractious leadership would accept anything short of removing the questions of Cyprus and the Aegean from the membership criteria.
With progress in those negotiations already sluggish, primarily because of unresolved questions over the future of Cyprus, there is now a new hurdle to be overcome.
Fini's nice new suit Reprints Related items The king of Turkish CyprusFeb 19th 1998Over the years, Mr Clerides has done a fair amount of slipping and sliding on the basic question of who should run Cyprus.
But it is equivalent to the entire economic output of Cyprus, putting into question whether the country would ever be able to pay it back.
(In the case of Cyprus, the creditors in question were bondholders, and depositors with more than €100,000 in their accounts).
The MHP is against any changes to the article.And another thingIn addition to the question of freedom of expression, the Cyprus issue remains a hindrance to progress.
Meanwhile, the real economy will remain unsupported and questions will be raised about the future of Cyprus as a financial centre".
Also asked how Cyprus will return to growth in just two years, he said There is a lot of uncertainty for the exact growth of Cyprus Interesting that the predictions are already being questioned when the loan hasn't even arrived yet.
While the bailout of Cyprus is a fascinating case study and raises interesting theoretical questions about moral hazard for policy wonks and talking heads, here is the reality: It is largely irrelevant to the global economy.
Across the road, another top official says it is "inconceivable" that the EU would let in a divided Cyprus.Either way, the Cyprus issue begs the question of relations with Turkey.
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