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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 30, 2025

    Featured image for article about Headlines

    NICOSIA (Reuters) -Cyprus said on Monday it would invite arch-foe Turkey to a summit during its European Union presidency next year despite a decades-long rift over Ankara's 1974 invasion and its backing of a breakaway state on the divided island.

    Nicosia will hold the rotating EU presidency in the first six months of 2026 and plans a summit of regional leaders, including Turkish President Tayyip Erdogan, on issues related to the Middle East, Cypriot President Nikos Christodoulides said.

    "You can't change geography - Turkey will always be a neighbour state to the Republic of Cyprus .. Mr Erdogan will of course be welcome to this summit to discuss developments in the area," he told journalists in Nicosia.

    Christodoulides had earlier said the same in a British podcast aired on Monday in response to a question, saying the summit was planned for April 2026.

    The Turkish presidency did not immediately respond to a Reuters request for comment on the invitation to Erdogan.

    Cyprus and Turkey have no diplomatic relations and hosting a Turkish president might prove challenging both because of the diplomatic tightrope arising from past conflict and logistical issues.

    The eastern Mediterranean island was partitioned by a Turkish invasion in 1974 sparked by a brief Greek-inspired coup, and Ankara supports a breakaway, unrecognised state in north Cyprus where it stations thousands of troops.

    Christodoulides heads a Greek Cypriot administration that represents all of Cyprus within the EU but with its powers stopping at a ceasefire line splitting the island into northern and southern sections. Erdogan has never visited the south.

    (Writing by Michele Kambas; editing by Mark Heinrich)

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