NICOSIA, Cyprus The two Cypriot communities will draft a plan to reunify the divided island by the end of the year, Turkish Cypriot leader Mehmet Ali Talat said on Sunday (July 5th) in an interview with the Greek Cypriot daily Simerini. Talat, however, predicted international arbitration will be required.

BRUSSELS, Belgium Several EU countries and Turkey will sign an inter-governmental agreement on the construction of the Nabucco pipeline in Ankara on July 13th, the European Commission (EC) announced on Friday (July 3rd). Turkish Prime Minister Recep Tayyip Erdogan is expected to host the ceremony.

BUCHAREST, Romania’s performance under a two-year IMF loan programme is on track, the International Monetary Fund said yesterday, but warned populist measures in an election year may quickly undermine its emerging credibility.