Cyprus-Forum.com

[Oracle]

So JCC the credit supplier has noticed the TCs have been on a (final?) shopping spree of some 10 Million Euros .... I wonder where they are going to find the money to pay off their credit-card bills?

[Tim Drayton]

I wonder where they got the money from.

Don't worry about that. I saw an article in one of the TC newspapers earlier this year reporting that all of the luxury Mediterranean cruises on offer by the local travel agents were booked out.

And how does that relate to my comment?

In other words, there is plenty of money in the Turkish Cypriot community.

[kafenes]

I wonder where they got the money from.

Don't worry about that. I saw an article in one of the TC newspapers earlier this year reporting that all of the luxury Mediterranean cruises on offer by the local travel agents were booked out.

And how does that relate to my comment?

In other words, there is plenty of money in the Turkish Cypriot community.

I don't doubt that Tim, my initial question was, 'where did they get the money from'?

[Jerry]

I wonder where they got the money from.

Don't worry about that. I saw an article in one of the TC newspapers earlier this year reporting that all of the luxury Mediterranean cruises on offer by the local travel agents were booked out.

And how does that relate to my comment?

In other words, there is plenty of money in the Turkish Cypriot community.

Much of that money must be from property sales and the income generated from its investment, interest rates are falling in the north. Banks used to pay up to 15% per annum now its about half that so I can see this "plenty of money " drying up soon.

[Oracle]

I wonder where they got the money from.

Don't worry about that. I saw an article in one of the TC newspapers earlier this year reporting that all of the luxury Mediterranean cruises on offer by the local travel agents were booked out.

And how does that relate to my comment?

In other words, there is plenty of money in the Turkish Cypriot community.

These were credit card transactions!

[Tim Drayton]

I wonder where they got the money from.

Don't worry about that. I saw an article in one of the TC newspapers earlier this year reporting that all of the luxury Mediterranean cruises on offer by the local travel agents were booked out.

And how does that relate to my comment?

In other words, there is plenty of money in the Turkish Cypriot community.

I don't doubt that Tim, my initial question was, 'where did they get the money from'?

Good question. I would say that all the money that Turkey pumps in to keep the place afloat must end up in somebody's pocket.

[Me Ed]

Turkish Cypriots spent EUR 10.7 mln in Greek Cypriot shops in the first eight months of this year

Thanks!