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[Cyprus Times] Indicators may have improved but there is much to be done, says Mirianthus

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Indicators may have improved, but there is much to be done, says El. "The economic gap has widened further."

Economic indicators may have improved but there is much that needs to be done especially to support the vulnerable and fragile groups in society, in view of the new year, which is expected to be more difficult, EPP MP Elias Mirianthous said from the floor of the plenary session of the House of Representatives for the debate on the 2023 state budget.

Measures for a fairer distribution of the tax burden among citizens have not progressed, instead the economic gap has widened further, the middle class is disintegrating and the risk to social cohesion is particularly high, he said in his speech. Mirianthous, adding that there is still much to be done in relation to a comprehensive social policy programme focusing on vulnerable groups.

Describing the banking sector as the "Achilles' heel" of the economy and a source of maximizing social problems, Mirianthous said, among other things, that there has not been any serious initiative to protect the first home and there is inaction on the part of the government to set up the special court for the resolution of financial disputes.

Mirianthous said, among other things, that there has not been any serious initiative to protect the first home and there is inaction on the part of the government to set up the special court for the resolution of financial disputes. Finally, he referred to what was said in recent days in Parliament, saying that while scandals and corruption are gnawing away at the social fabric of the country, "opening wounds and creating toxicity and impressions for the sake of elections does not offer good services to the country."


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