North Cyprus News | TRNC Interim Government

North Cyprus News | TRNC Interim Government

Kibris Postasi web site (10.06.13) stated that the Republican Turkish Party (CTP), the Democratic Party (DP) and the Communal Democracy Party (TDP) held a meeting in order to establish an interim government in the north, to govern until the 28 July elections. It was no surprise that […]

Cyprus News | Banking Law

Strange, I thought it was illegal to make statements which could cause a run on banks. Well at least in North Cyprus, anyway. Apparently, this doesn’t apply in Turkey where, according to the Wall Street Journal, PM Erdogan made the following request of his followers, as part of an explaination why the stock market […]

North Cyprus News | Turkish Lira Plummeting

North Cyprus News | Turkish Lira Plummeting

Turkey’s Prime Minister, Recep Tayyip Erdogan, returned to Turkey and gave an hard-liner speech which reversed the small gains the weakening Turkish Lira had been experiencing. Three months ago you could only get 2.68TL for a pound, three weeks ago it was around 2.77TL, but now it […]