LEFKOSA
Reporting by Murat Demirci
Finance Minister of the Turkish Republic of Northern Cyprus (TRNC) Ersin Tatar invited British and Russian nationals living in southern Cyprus to move to the TRNC after the Greek Cypriot administration experienced serious economic crisis.
Speaking to the Anadolu Agency (AA), Ersin Tatar underlined that British and Russian nationals seeking a peaceful country could choose the TRNC.
British and Russian nationals living in southern Cyprus may buy property and open bank accounts in the TRNC, Tatar emphasized.
"Cyprus may go bankrupt. Yet it is the Greek Cypriot administration which has gone bankrupt. Thanks to the support of motherland Turkey, the TRNC has become a factor of stability in the Mediterranean," Tatar said.
"The Greek Cypriot administration will never be the same. Greek Cypriot banks need to implement the laws of the EU if they wish to stay in the Union," Tatar also said.