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[Cyprus Times] Hundreds of redundancies are coming... businesses are closing. "We do not accept that there is no money" says PASIKA

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SOS from Leisure Centres - Hundreds of redundancies coming - Businesses locked out due to measures, PASIKA says - They ask for financial support from the government here and now "We do not accept that there is no money," Leventis tells the Cyprus Times

Pancyprian Association[/QUOTE]

Leisure Centre Owners Association for the situation in the catering sector as businesses are facing serious financial problems and now one after the other are "locking up".

Speaking to the Cyprus[/B] Times and in a strong tone, PASIKA General Secretary Fanos Leventis issued an SOS, as he stressed that businesses are closing because of the measures taken against the pandemic.

"There are hundreds of layoffs and stop payments coming as entrepreneurs cannot respond financially," he stressed.

At the same time, he called on the Ministry of Finance to publish and explain to PASIKA how it identifies a 30% increase in the financial activities of leisure centres in 2021 compared to 2019.

"We categorically reject this research and we expect the Ministry of Finance to see it, as we expect their response to the financial support we are requesting for those businesses affected by the measures," he said.

At the same time he noted that PASIKA in no way accepts the argument that there is no money. "We have no choice but to go ahead with stop payments and layoffs, which none of us want and the state is responsible for this," he noted.

Support but targeted... says KEBE



The view that the restrictions and measures put in place to halt the spread of the pandemic caused a serious reduction in the turnover of several businesses, expressed in an interview with the Cyprus Times, KEBE Secretary General Marios Tsiakkis told the Cyprus Times.

"We call on the government in a targeted way to support those businesses that have demonstrably had a decline in turnover and a problem has arisen in their survival," he said.

While stressing that the KEBE understands and acknowledges the tightness of public finances, he clarified that support should be based on documented evidence so that businesses that have indeed suffered heavy losses can meet staff and supplier payments.


Contents of this article including associated images are belongs Cyprus Times
Views & opinions expressed are those of the author and/or Cyprus Times

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