Talat: "Even the TRNC is feeling the global crisis"
Turkish Republic of Northern Cyprus (TRNC) President Mehmet Ali Talat yesterday stated that despite its isolation, the TRNC economy is also indirectly feeling the effects of the global economic crisis. Speaking on a visit to Istanbul, Talat said, "Our biggest source of income is tourists coming from Turkey." He added, "Since the crisis is affecting Turkey, it indirectly affects Cyprus. As we are largely isolated, we feel the crisis the least. But it's such a large crisis that it also influences Cyprus indirectly."