‘North-South income gap is widening’
THE gap between incomes in North and South Cyprus is widening, a top economist has said.
Taken from 16th october 2021's issue of Cyprus Today.
According to Derviş Kemal Deniz, the annual per capita income in South Cyprus is $32,000 while in the TRNC it is $9,000.
Mr Deniz said that this difference has increased “in the last four to five years”.
He noted that the monthly salaries of “professors, specialists or those in senior...