Retailers lose out if crossing points close

Click For Larger Image & Read More
Retailers lose out if crossing points close
 © CyprusWeekly 2017
By Fiona Mullen

January-July this year, Turkish Cypriots spent €14.7 million using plastic cards south of the Green Line, while Greek Cypriots spent €5.1 million in the north, according to data from JCC Payment Systems. Another €1.8 million was spent by Greek Cypriots in Turkey.

JCC has been producing statistics on card spending across the Green Line for 10 years: enough to see some patterns.

Greek Cypriot and Turkish Cypriot card spending is my shorthand for JCC’s “use of Turkish credit cards in Cyprus” and “use of local credit cards in occupied areas and Turkey”. Since 2011,...


Retailers lose out if crossing points close


The contents of this article including any associated images are © CyprusWeekly 2017

  • Book Pirate Ship Cruise
Advertise Here

Trending Cyprus News

Article Tags: retailers, crossing, points, close,

 

  • Book Pirate Ship Cruise
Advertise Here

24hr News