"Turkish Cypriots spending CYP 70,000 per day in the south
31/08/2005
www.financialmirror.com
Turkish Cypriots spend about CYP 70,000 per day in the government-controlled areas, while Greek Cypriots spend around CYp 65,000, according to new research.
The research is based on a survey carried out by Cyprus College in association with the Central Bank of Cyprus.
The research found that an estimated 6,000 Turkish Cypriots cross the checkpoints every day to the south, spending in total CYP 70,000 per day, while 3,800 Greek Cypriots cross every day to the north, spending in total CYP 65,000 per day.
Average daily expenditure by Turkish Cypriots in the south is CYP 15.54, up from CYP 5.68 in 2003."
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