Philenews

They Find and Do

Published February 23, 2026, 09:16
They Find and Do

Companies of Turkish interests are exploiting loopholes in legislation to register with the Registrar of Companies and operate in the free areas, raising concerns about national security and interests. The phenomenon has intensified and includes the purchase of Greek Cypriot land, especially in the occupied territories. In Parliament, there is discussion about the need for legislative interventions, while there are warnings of espionage and strengthening Turkey's negotiating position. Services recognize the distortions and announce legislative changes, but the common admission is that Turkish companies have found ways to circumvent the rules.