Povek threatens action on Turkish Cypriot property rent hike 

Business owners operating out of Turkish Cypriot properties expressed growing anger on Wednesday over steep rent increases imposed under amended legislation governing Turkish Cypriot properties, according to the small shopkeeper’s association, Povek.

The reaction follows the passage of amendments to the Turkish Cypriot properties management law, which business operators say have led to sudden and unsustainable rent hikes.

Povek leader Kyriakos Moustakas said the changes have...