The example of Cyprus and the spirit of its people are inspiring, as they are flexible, resilient and can turn crises into opportunities, European Central Bank President Christine Lagarde said on Wednesday.
Lagarde, who was speaking at a conference organised by the Central Bank of Cyprus in Nicosia, referred to the potential impact on Cyprus of the crisis in Ukraine, noting that the country would be affected by inflationary pressures from increased energy costs and that tourism would be hit, while services would be affected to some extent.
(CNA)
CNA- Maria Christofi
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