Economy category powered by

Keravnos reassures that Cyprus economy is not at risk from regional developments

In light of the events in the wider region of the Middle East and the Eastern Mediterranean, Finance Minister Makis Keravnos convened an extraordinary official meeting to review the developments and any possible effects on the economy.

During the 15 April meeting, stakeholders examined all the factors that may directly affect the economy and the sectors in which there may be greater effects from a possible escalation of the crisis.

They exchanged views on planning and preventive actions that the Ministry of Finance can take, if necessary.

As it was established at the meeting, for the time being, there are no apparent risks for the Cypriot economy.

The Ministry of Finance will closely monitor the developments and is ready, if necessary, for the necessary actions and measures to be taken, sources revealed.

(Source: InBusinessNews)

Read More

Cypriot-owned Zela Aviation to enhance Skyros' air connectivity
Shipping Deputy Minister meets with President of the Arab Academy for Science, Technology and Maritime Transport
Cyprus-based Outfit7 announces new games, new audiences, and new Talking Tom
US delays higher tariffs but announces new rates for some nations
13th Invest Cyprus International Investment Awards almost here
Highest midday power demand of the year anticipated to have been this week, official data show
European Affairs Minister in London for working visit
Christodoulides: New natural gas discovery in EEZ reaffirms Cyprus’ energy potential
Theo Parperis on how establishing Cyprus as one of the region's family office hubs will increase FDI
President to hold teleconference with ExxonMobil this afternoon