North Cyprus News - Cyprus Today 7th May 2022

North Cyprus News - Cyprus Today 7th May 2022The North Cyprus News on the front page of Cyprus Today on 7th May 2022 focuses on the economic woes experienced by North Cyprus.

FRONT PAGE

DAYLIGHT ROBBERY – THE Cyprus Turkish Electricity Authority (Kıb-Tek) has been accused of committing “daylight robbery” after adding a “fuel exchange fee” to bills for April. The extra charge on the bills, issued on May 1, just a day before the three-day Bayram holiday, sparked outrage among the public. Many took to social media to blast the fee of 60 kuruş per kilowatt hour (kWh) of energy used, plus 10 per cent KDV (VAT), which in some cases added hundreds of TL to bills and come in addition to the new higher electricity tariffs introduced in March.

Millions owed in credit and debit card refunds –  CONSUMERS who use credit and debit cards to pay for goods and services are owed millions of TL in refunds, it has been claimed. North Cyprus Banks Union president Olgun Önal said that a law aimed at tackling “off-thebooks” retail purchases and therefore increasing tax revenues by offering incentives for consumers to pay by card has not been implemented for more than two years.

Turkish Cypriots seek Brexit benefits with London office – THE Turkish Cypriot Chamber of Commerce (KTTO) has opened a new representative office in the heart of London in a bid to capitalise on the UK’s withdrawal from the European Union. The official opening of the office, located in a building owned by the Cyprus Foundations Administration (Evkaf) on D’Arblay Street in Soho, took place on Thursday.

Here we go again (again) – EFFORTS are once again under way to form a new government after the third coalition formed by National Unity Party (UBP) leader Faiz Sucuoğlu collapsed just five days after it was established.

OTHER NEWS

North Cyprus drops five places in global press freedom ranking – THE TRNC has slipped from 76th to 81st in the 2022 World Press Freedom Index published by Reporters Without Borders (RSF). The latest version of the rankings, which assesses the state of journalism in 180 countries and territories, was released on Tuesday, May 3, World Press Freedom Day. “Northern Cyprus” was given a score of 61.08 out of 100 — with 100 being the best possible score (the highest possible level of press freedom) and 0 the worst — giving the country a “problematic (light orange)” rating on the RSF “press freedom map”.

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