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Turkish Cypriots Head South Despite Economic Crisis

Turkish Cypriots Head South Despite Economic Crisis

August 25
08:36 2018

North Cyprus News - Metehan border crossingThere were long queues heading south at the Metehan border crossing on Thursday. Turkish Cypriots chose to cross the border on the third day of Kurban Bayram to spend some time in South Cyprus. Many have not booked foreign holidays as is the tradition or have even cancelled their holidays abroad and have opted to cross the border instead.

This is because of the sharp economic downturn in North Cyprus caused by the drastically weakened Turkish lira.

There has also been heavy traffic from south to north over the last few weeks, with increasing numbers of Greek Cypriots crossing over into the TRNC to take advantage of lower prices and spend their euros which get extremely favourable exchange rates against the beleaguered lira.

Havadis