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Northern Cyprus continues to present a complex employment landscape. While headline unemployment figures appear relatively low, deeper analysis — particularly among young people and women — reveals structural imbalances that warrant attention. Below is a breakdown of the current labour market position and what it may signal for the coming years. ____________________________________________________________________ Labour Market Overview ·         Employment rate:  48.4% ·     

📌 Introduction Northern Cyprus (KKTC) has taken decisive environmental action by introducing a comprehensive single-use plastics ban  aimed at reducing plastic pollution and protecting natural ecosystems. This landmark regulation affects both consumers and businesses, with new rules phased in from 2023 through January 1, 2026 . _____________________________________________________________ 🗓 Timeline of the Ban July 11, 2023:  The first phase of the ban came into force, rest

Northern Cyprus Inflation January 2026 Hits 39.4% Annual Rate The Statistical Service has released its latest Consumer Price Index figures, showing inflation increased by 1.97% in January  compared with the previous month. The same rise was recorded compared with December of the previous year, bringing the annual inflation rate to 39.40% . The data reflects continued cost pressures across multiple sectors, with communications and health-related expenses seeing particularly sh

Meat prices in the Turkish Republic of Northern Cyprus (TRNC) have risen to levels described as “unacceptable” by trade bodies, prompting renewed calls for urgent support for local producers and consumers. In a joint statement, the Cyprus Turkish Chamber of Craftsmen  and the Butchers’ Trade and Crafts Chamber warned that meat has become unaffordable for much of the population, with serious consequences for domestic consumption and food security. ___________________________

TRNC mandatory salary bank payments The Turkish Republic of Northern Cyprus (TRNC)  is set to introduce a significant change to employment practices with new legislation requiring salary payments to be made via bank accounts  for enterprises employing five or more staff . The bill was presented to parliament on 26 January 2026  by Oğuzhan Hasipoğlu , Minister of Labour and Social Security, and is scheduled to come into force on 31 March 2026 . ________________________________

Expedited driving test Northern Cyprus A new regulation has come into force in Northern Cyprus allowing learner drivers to pay for an expedited practical driving test , significantly reducing waiting times for test appointments. The decision has been formally published in the Official Gazette and is already in effect. The measure is designed to ease long queues while offering applicants greater flexibility — at an additional cost. _____________________________________________

Residents across North Cyprus are facing a fresh round of cost increases, with higher prices announced for essential dairy products and an adjustment to electricity tariffs. From milk and yoghurt to household electricity bills, these changes will affect everyday spending for families, businesses, and the hospitality sector alike. ______________________________________________________________________________ North Cyprus price increases 2026 KOOP SÜT Announces New Dairy Prices

After a pause of nearly seven months, water prices in Northern Cyprus have increased once again. The Council of Ministers approved the latest tariff changes on 20 January 2026 , with the decision published in the Official Gazette and taking effect immediately. The new pricing structure applies to drinking, household, and agricultural water, and affects the amounts paid by municipalities to the state. Although household water tariffs still require government approval, official

North Cyprus Remembrance Day– Honouring the Fallen and Preserving Memory Date observed: 27–28 January   Each year, on the 27th and 28th of January, Northern Cyprus observes Martyrs’ Remembrance Day – a solemn tribute to those who gave their lives in defence of freedom and national identity. It is a deeply emotional time when Turkish Cypriots gather to honour fallen heroes, reflect on their shared history, and pass the values of courage and unity to future generations.   Wheth

North Cyprus Weekly News Update (Last Week) 🏛️ Politics: ·         President Tufan Erhürman  continues to engage locally and internationally following his election earlier this year, maintaining a focus on diplomacy and potential peace initiatives. Meeting and public events—including a visit by CHP leader Özgür Özel —have been reported as part of ongoing political engagements. ·         Government and local media highlight continued discussion about Cyprus settlement process

North Cyprus Weekly News Update 🏛️ Politics & Geopolitics ·         Diplomatic Engagements:  President Tufan Erhürman has been active in diplomatic meetings this week, receiving ambassadors from France  and the Netherlands  in Lefkoşa and engaging internationally. ·         UN-Led Peace Dialogue:  The UN envoy to Cyprus , María Angela Holguín , expressed cautious optimism about renewed peace talks between Greek and Turkish Cypriot leaders, noting progress but affirming that

Weekly Update 3 December 2025 _____________________________________________________________________ 🏛️ Politics & Geopolitics The newly elected president Tufan Erhürman remains a focal figure for hopes of renewed dialogue with the Greek-Cypriot side. His election earlier in October boosted optimism that UN-backed talks on the island’s future might resume. However, tensions persist after a recent maritime boundary agreement between Republic of Cyprus and Lebanon triggered a s

The past week has featured very mild and pleasant weather TRNC Weekly Update - 24 November 2025 Here’s a summary of what’s been happening in northern Cyprus over the past week — covering key sectors and developments. ---------------------------------------------------------------------------- 🏛️ Politics Tufan Erhürman (President of the Turkish Republic of Northern Cyprus) met with Nikos Christodoulides (President of the Republic of Cyprus) in the UN buffer zone. During the

TRNC Weekly Update - 15 November 2025 Here’s a summary of what’s been happening in northern Cyprus over the past week — covering key sectors and developments. _____________________________________________________________________ 🏛️Politics Northern Cyprus remains in the spotlight with regards to the governance of the island. Tufan Erhüman, the newly-elected Turkish-Cypriot leader, has emphasised the need to “learn from past failed negotiations” before entering any fresh talk

The Story of Panama Home: A Dream 30 Years in the Making The Story of Panama Home: A Dream 30 Years in the Making Every business has a story, but some stories carry a special kind of warmth — the kind that comes from perseverance, passion, and a lifelong dream finally coming true. Panama Home, the newest home textiles and décor store in Esentepe, is one such story. At its heart is a woman named Emne Mutlu , born in 1973, whose life has been shaped by hard work, family values,

Central Bank of the Republic of Türkiye (CBRT)   cuts key one-week repo rate from 40.5% to 39.5% . 🏦  On 23 October 2025 , the Central Bank of the Republic of Türkiye (CBRT)  announced a 100-basis-point rate cut , bringing its key one-week repo rate down from 40.5% to 39.5% .The move was smaller than previous cuts earlier in the year, reflecting caution amid stubborn inflation and economic headwinds. According to Reuters, the CBRT signalled it was still focused on promoting

Discover the Newest Tech Hub Laconic Computer has expanded by opening a new store in the booming Esentepe area. This new location complements their existing stores in Girne and Alsancak. The store is conveniently situated in the commercial units beside the H. Gul market. Now, local residents can easily acquire their tech items without having to travel into Girne or Lefkosa. Laconic Computer Expands With A Wide Range of Products At the Esentepe store, customers will find a div

If you're visiting or relocating to Northern Cyprus, one of the first practical questions you'll ask is: Where should I exchange my money for the best rate? Here’s everything you need to know to make sure you’re getting good value on currency exchange . 💱 What Currency Is Used in Northern Cyprus? The official currency is the Turkish Lira (TRY) .However, euros, pounds, and US dollars  are widely accepted in tourist areas, property markets, and by many businesses. Still, for d

Dima has continued its expansion operations and opened a new store in the Esentepe area. Situated opposite the entrance to Turtle Bay, the store allows local residents to stock up on groceries and many non-food items without having to go into Girne or Lefkosa. Congratulations to Dima on their new store. Dima Esentepe Dima expands

Year Inflation Rate (%) Notes 2015 7.67 Stable inflation amid moderate growth. 2016 7.78 Slight increase due to political uncertainty. 2017 11.14 Double-digit inflation returns after several years. 2018 16.33 Currency crisis leads to sharp price increases. 2019 15.18 Inflation remains high despite policy measures. 2020 12.28 Pandemic-related disruptions impact prices. 2021 19.60 Monetary easing contributes to rising inflation. 2022 72.31 Inflation surges amid currency depreci