Cyprus Mail
Cyprus

Reforms in north are slower

By Staff Reporter

WHILE the reforms are real in the south, in the north they are hanging in mid air, the daily Halkin Sesi said in an article that compares the measures taken on the two sides of the island to tackle the economic problems.

According to the article, despite the reactions and criticism from the opposition and trade unions, the government of the Republic of Cyprus is implementing the austere measures demanded by the troika of international lenders in order to avoid reliving the same problems and help the economy grow on a healthy basis.

While the Greek Cypriot side is taking structural measures, those in the Turkish Cypriot side are temporary, the article said.

An overcrowded civil service seems to be a problem in the south as well, since, according to the article, for every two retirements in the north one person is hired, compared to the four to one ratio implemented in the south.

In 2013, the report said, 350 people retired from the civil service but 360 were hired. It also suggested that more and more students prefer private schools than state schools but the number of teachers in public schools is also increasing.

Even though teachers that come from Turkey are being paid by Ankara, the article said, the cost of their salaries is included in the budget of the breakaway regime in the north.

Meanwhile, the Turkish Cypriot real estate agents expect that between 2016 and 2017 the property market in the north will live its ‘golden era’ the daily Kibrisli added.

The head of the real estate agents was quoted as saying that the prices of property in the government-controlled area of Cyprus will increase in that period and many Europeans who own property there will sell and invest in property in the occupied areas with a part of the money they will get.



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