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Article: Turkish Cypriots having problems making ends meet.
- Article from:
- Cyprus Mail (Cyprus)
- Article date:
- November 3, 2009
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Byline: Simon Bahceli
UNEMPLOYMENT, unmanageable personal debt and environmental degradation are causing a drastic drop in the quality of life for Turkish Cypriots in the north, a report published yesterday claimed.
"Around sixty per cent of people say they are now eating into savings to pay debts and household bills," Muharrem Faiz, head of market research company KADEM, said.
"Around ten per cent cannot even pay for their basic needs, and another 40 per cent say they are having serious problems making ends meet," Faiz added.
KADEM, which also conducts the EU's Eurobarometer survey in the north, reveals a depressing economic outlook ...