'Israel Is Buying Cyprus' Through Growing Land Acquisitions: Southern Cypriot EU Lawmaker
4 Articles
4 Articles
Southern Cypriot EU lawmaker warns 'Israel is buying Cyprus' through growing land acquisitions
Panayiotou calls for stricter oversight of foreign land purchases, says dependence on overseas capital risks increasing outside influence over economy, society of Greek Cypriot Administration
Legislator Fidias Panayiotou warns of the economic dependence and social segregation generated by the Israeli capital, which threatens the Cypriot identity and sovereignty of the island.
'Israel is buying Cyprus' through growing land acquisitions: Southern Cypriot EU lawmaker
Fidias Panayiotou calls for stricter oversight of foreign land purchases, says dependence on overseas capital risks increasing outside influence over economy and society of the Greek-administered Southern Cyprus.
Fidias Panayiotu, an independent Member of the European Parliament from the Greek Cypriot Administration (GCA), noted that Israelis have made significant investments in the GCA in recent years, stating, "Israel is buying the GCA. We are almost becoming dependent on Israeli investments for our economy to thrive."
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