DIKO asked the President of the Republic to convene a special council or a meeting of party leaders to discuss proposals aimed at addressing the problems caused by the war in Ukraine, Party President Nicolas Papadopoulos said on Monday.
In remarks on the sidelines of the PASYDIXE General Assembly held at a beachfront hotel in Larnaca, Papadopoulos said that "the world is facing significant negative effects from the war in Ukraine and of course Cyprus could not be the exception to the rule. But in the case of Cyprus I am afraid that the impact will be worse than the rest of the European countries because, following the lifting of sanctions, if hopefully we have a positive outcome to the war in Ukraine, I am sure that European countries will continue to import Russian products and fuel without any problem whatsoever."
In the case of Cyprus, however, he continued, "24% of our economy consists of the services sector and a large part of this sector has to do with providing services to Russian capital companies. We are in danger of permanently losing these very important revenues that come to add to the revenues of the Cypriot economy."
We want, he said, "to hear a coherent comprehensive plan to deal with the possible impact of the Ukrainian war on the Cypriot economy, something that will also involve the services sector and not just dealing with the issue of price and inflation."
We want to hear a coherent comprehensive plan to deal with the possible impact of the Ukrainian war on the Cypriot economy, something that will also involve the services sector and not just dealing with price and inflation.
Asked whether DIKO has submitted any proposals to the Finance Minister or the Government, Nicolas Papadopoulos replied that "we have asked the President of the Republic to convene a special council or a meeting of leaders to discuss our own proposals, but also to listen to the Government's proposals to address these problems."
Source: CNA
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