The three-party pseudo-government of Faiz Suzhouoglu managed to stay in "power" for only 59 days, before collapsing like a house of cards overnight. The political scene in the occupied territories is once again plunged into chaos, dragged down by another crisis with a Turkish stamp. No matter how much the pseudo-prime minister tries to convince with his statements that the Turkish government has nothing to do with the developments.
The equation is not particularly complex. It involves on the one hand Turkish interference in the internal affairs of the pseudo-state and on the other hand the collapse of an economy that is completely linked to the Turkish economy, which is being destroyed. Only that the occupied territories have not managed to sweep the problems under the carpet, just as the Erdogan government is doing.
Regarding the first, it is clear that the pseudo-finance minister Aton is no longer liked by Ankara, since he has not managed to faithfully follow the instructions he received and pretend that nothing is happening. And anyone who raises a fuss has no place in the pseudo-government. Something similar happened a few weeks ago with the replacement of the so-called "minister" of foreign affairs. A post taken over by Erdogan's new favourite mouthpiece, Tahsin Ertugrologlu. The person Turkey is quietly grooming to succeed Ersin Tatar.
Atun has attempted to raise his head at a time when the economy of the occupied territories is facing the possibility of a default. An economy that has attempted to resort to borrowing several times in recent weeks, with embarrassing results. This time too, Ankara will drop the liquidity lifeline, but this is not enough to reverse the turn the occupied economy has taken in recent months.
The figures speak for themselves. Fuel is now very expensive and prices of basic necessities have soared to unprecedented levels with unprecedented speed. Before the latest wave of steep increases, fuel prices had risen by 90% and it is estimated that the increase in the prices of consumer staples had risen by more than 60%. A 96% increase was recorded in the price of bread, 82% in milk and 87% in chicken.
Consider that in 2021, annual inflation in the occupied territories had risen by 46%, setting a two-decade record. As the poverty line inevitably increased in the same year. This at a time when wages - at best - remained at the same level, losing many points of their market value.
Turkish Cypriots[/B] are in dire straits, unable to pay for the basics. And this stems from the collapse of Turkey's economy, which Erdogan pretends does not exist. At this rate, it is certain that he will not be able to do so for some time to come. But even if he admits it by changing economic policy, it will de facto be too late to save the economy of the pseudo-state.
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