NICOSIA, Cyprus (AP) — Peace talks aimed at reunifying ethnically split Cyprus have made significant progress on how power will be shared with breakaway Turkish Cypriots and how the economy will function under a federation, the country's president said Thursday. Briefing lawmakers at a special parliamentary session, Nicos Anastasiades said he and Turkish Cypriot leader Mustafa Akinci have also agreed after nine months of negotiations on the legal ways to deal with property lost during Turkey's 1974 invasion that followed a coup aiming at union with Greece. "The aimed-for solution must be a product of an honorable compromise that will create conditions of mutual respect and won't permit the imposition of the minority over the majority and naturally vice versa," said Anastasiades. Anastasiades spent a sizeable portion of his speech rebuffing critics who either oppose or have expressed serious misgivings with the federal model under negotiation, which they fear could legitimate the island's ethnic divisions and strip Greek Cypriots of rights.