We fully understand the interest and suggestions of either political parties or social partners about the phenomena we are witnessing as a result of the global economic crisis due to the Russian invasion of Ukraine and the expected and consequent consequences of the sanctions taken against Russia.
This is a new global economic crisis which all states are called upon to deal with.
Once again, Cyprus is bearing the brunt of the consequences, which the Cypriot economy is called upon to deal with to the extent of its capabilities.
With a full sense of responsibility and always on the basis of the economic data of the state, the Government has already adopted and wants to assure the Cypriot people that it will continue to adopt a series of measures to mitigate the consequences.
To this end, the President of the Republic has convened a meeting next Friday, at 11 a.m., at the Presidential Palace, in the presence of the Ministers in charge, in order to study measures to mitigate and/or deal with the consequences of the new international crisis.
(RM/NG/EXP)
Contents of this article including associated images are owned by PIO
Views & opinions expressed are those of the author and/or PIO
Source
