From & nbspEuronews
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Plans to double the amount of casino in the occupied Cyprus reveal Financial times; In their publication, the views of analysts who speak of the development of the “dark economy” in this area.
As noted in the report: “Game enterprises plan to double the number of casinos to 64.”
According to the report, the employees are already operating 32 casinos, and an increase in their number, according to the report, can turn the area “into a synonym for gambling and reduction”, as noted.
According to the report, the occupied part of Cyprus, which is not recognized at the international level, which state, except for Turkey, financially depends on Ankara.
Nevertheless, the Financial Times writes: “The wave of the Turkish pound has launched inflation in recent years, while the recovery after the pandemic Covid-19 has stopped.”
In June, the “government” of the pseudo -state adopted a law that eliminates the restrictions on the number of licenses on the casino, laying the way for the operation 64 unitsfrom 32 that already exist.
“We openly included a criminal economy in our system,” said The Financial Times, ”said The Financial Times. “After the pandemic crown, the new elements entered the economy – mostly elements from the dark side.”
“We create a monster that we cannot control,” he adds.
A Feet They also carry out statements that associate this development with the problem of Cyprus.
“If we do not solve the problem in Cyprus, we will only have such actions, because your ability to find funding is limited,” said Kemal Buckley, who worked in EU one store stopEU initiative, promoting trade outside the green line. “We are excessively dependent on Turkey’s investments, and this has political costs.”
The report recalls that the occupied economy is cut off by the European Union and that most exports are prevented by international sanctions. Thus, 75% of GDP comes from services such as tourism and private higher education.
The situation, writes FT, is even more complicated with a new bill, which is expected to be discussed in September.
According to the report, he will provide the adoption of deposits in foreign currencies in exchange for 3% percent, which, according to analysts mentioned by FT, may turn the area of the occupied “laundering of money”.
More sources • financial times