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Friday, May 27, 2005

Bridging the economic divide: Cypriots voting with their feet and their pockets

"Bridging the economic divide: Cypriots voting with their feet and their pockets
By Simon Bahceli

WHILE the past 40 years may have seen the Turkish Cypriot economy stagnating in backward isolation, things may be changing � albeit slowly.

�People are voting with their feet and pockets, and they are way ahead of the politicians,� says Costas Apostolides, director of the Highway Communications business consultancy, during a press briefing yesterday to launch a two-day conference on how to achieve economic convergence between the two parts of Cyprus starting today.

The conference, which takes place at the Turkish Cypriot Chamber of Commerce in northern Nicosia today and tomorrow, will look at ways in which measures can be taken to boost the north�s economy within the constraints of the current status quo on the island, while also seeking to look further ahead to a day when a solution to the island�s divide has been found."

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