[PIO] Statements of the President of the Hellenic Republic on the issue of divestments

The issue of divestments will be addressed with permanent solutions and not through occasional initiatives that instead of helping make the situation even more difficult, President of the Republic Nicos Christodoulides said today.

In his statements to journalists after the memorial service of the hero Michalis Olympiou in Lympia, and in response to a journalist's remark that there is an intention on the part of AKEL, as well as MPs of parties supporting the Government, to amend the framework for divestments, the President of the Republic said "I do not know about such an initiative, especially from those you have mentioned, the parties supporting the Government, that they are in such a cooperation or alliance, nor whether AKEL has such intentions.

With the economy, I have said it many times and I will continue to say it, we are not playing with the economy. (We need) strict fiscal discipline.

As far as this particular issue is concerned, (it will be addressed) only through solutions that will tackle this problem once and for all, and not through occasional initiatives that, instead of helping, make the situation even more difficult.

I am very well aware of the problem that arises with the issue of divestments, it is on the table almost daily with the Minister of Finance and with all the parliamentary parties, even with the Association of Banks with the Central Bank, and it is not an issue that lends itself to any expediency. It is a serious issue that requires permanent solutions."

(PM/MB)
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