property market greek cypriot lobby

Crisis in the Property Market: Tensions Rise Between Greek and Turkish Cypriots

Tensions are rising in the northern Cyprus property market due to targeted campaigns against the region’s real estate industry, which Turkish Cypriot ‘Prime Minister’ Unal Ustel believes are orchestrated by the Greek Cypriot lobby. This has resulted in political discontent, accusations of biased reporting, and increased foreign investment, leading to legislative responses and national security inquiries from Turkish officials.