The Turkish Cypriot economy is badly hit following the meltdown of the Turkish lira. Being an import oriented economy based on services, economy in the north was already fragile due to the pandemic. The depreciation of the Turkish lira affected northern part of the island even more than Turkey since the slider at the volume […]

The post Nicosia Uncut – Episode 33: TCs hit by currency, RoC’s illusions on EU sanctions collapsed (20/12/2021) first appeared on Island Talks.