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Cyprus News Agency: News in English, 13-03-19
CONTENTS
[01] Tourism will not be affected by bank deposits haircut, says CTO
[01] Tourism will not be affected by bank deposits haircut, says CTO
A Eurogroup decision on a haircut of banking deposits in Cyprus has spread
fears to tourist agents in Russia and the UK, Cyprus Tourism Organisation
(CTO) Marios Hannides has said.
In statements he made to CNA here on Tuesday Hannides said that a
CTO delegation headed by himself and CTO President Alecos Orountiotis
travels to Russia to take part in its Tourism Exhibition but mainly
in order to put to rest tourist agents' fears on Cyprus' safety as a
tourist destination.
One of the delegations' goals during its visit to Russia he noted is "to
reassure Russian tourist agents on the investments they have already made
in Cyprus". He explained that many Russian tourist agents have invested
millions in Cyprus already on hotel maintenance, booking advances etc.
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