Fiscal package in line with EU framework and government’s capacity, Deputy Spokesman tells CNA

The new financial stimulus package, to be unveiled on Wednesday in response to the impact of the pandemic on the economy, is in line with the government’s capacity and is compatible with the European framework, Deputy Government Spokesman Panayiotis Sentonas said, ahead of a Cabinet meeting, later this afternoon. Decisions will be announced during a televised address by the President of Cyprus, Nicos Anastasiades, immediately after.
 
Speaking to CNA, Sentonas said that various segments comprise the new set of measures, that have to do with the liquidity of businesses, providing further support to Cypriot businesses, employees and the economy in general.

(CNA)

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from Cyprus News Agency
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