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Cyprus News Agency: News in English, 13-05-21

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Cyprus must regain its credibility and return to growth and

    competitiveness, OEB Chair says


  • [01] Cyprus must regain its credibility and return to growth and competitiveness, OEB Chair says

    Cyprus must obey the rules of the rescue package agreed with its international lenders in order to avoid the impose of more severe economic measures, the President of the Employers and Industrialists Federation, OEB, Philios Zachariades has said.

    Addressing the Annual General Assembly of OEB , in the presence of the President of the Republic Nicos Anastasiades, OEB Chair said that Cyprus must regain the credibility of its banking sector and strengthen its competitiveness in order for the economy to return to development and growth.

    He also said that the measures imposed on the banking sector following the Eurogroup decision on Cyprus, must be lifted the soonest possible, calling at the same time for the reduction of interest rates for businesses.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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