Figure It – Episode 9: Mustafa Besim unpacks Turkey’s economic protocol with the Turkish Cypriots (10/6/2022)

In this episode of Figure It, Sapienta Economics Director Fiona Mullen talks to Dr Mustafa Besim, Professor of Economics at Eastern Mediterranean University and Dean of the Faculty of Business and Economics, about the economy of northern Cyprus, in particular the latest economic and financial protocol worth around 240 million euro signed between the Turkish Cypriot administration and Turkey. What are the protocol’s strengths, what are its weaknesses and what should be the priority for Turkish Cypriot economic policy?   

Continue ReadingFigure It – Episode 9: Mustafa Besim unpacks Turkey’s economic protocol with the Turkish Cypriots (10/6/2022)

Nicosia Uncut – Episode 33: TCs hit by currency, RoC’s illusions on EU sanctions collapsed (20/12/2021)

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 of trade is almost maxed on the import side, whereas the Turkish Cypriot exports are almost non-existent. In this episode of Nicosia Uncut, Andromachi Sophocleous and Kemal Baykallı also talk about the EU's Green Line Regulation which regulates the crossing of people, goods and…

Continue ReadingNicosia Uncut – Episode 33: TCs hit by currency, RoC’s illusions on EU sanctions collapsed (20/12/2021)