In Cyprus there is the ATA which to some extent, depending on inflation, makes up for the loss of income, President of the Republic Nicos Anastasiades said today.
Speaking to reporters at the Presidential Palace, and asked about the meeting he will have with Ministers to address the economic consequences of the war in Ukraine, the President of the Republic said that "allow me to hold the meeting without prejudging the decisions."
The situation is indeed difficult and is becoming more difficult every day. We have sensitivities, we have the determination to help but always not ignoring the economic potential of the state and the fact that, unfortunately, dealing with inflation, as shaped by international developments and especially the war, is not something that has ended so that one can say how far the measures that will alleviate it go.
What I want to point out is that at least in Cyprus and two other countries in Europe, there is the ATA, which to some extent makes up, certainly accordingly and