Cyprus: President Anastasiades presided over the Economy and Competitiveness Council

Cyprus: President Anastasiades presided over the Economy and Competitiveness Council

The President of the Republic of Cyprus, Nicos Anastasiades, presided today over a meeting with the members of the Council for Economy and Competitiveness at the Presidential Palace.

In his statements after the meeting, Deputy Government Spokesman Panagiotis Sentonas said that Finance Minister Konstantinos Petridis also attended the meeting, noting that “the Government, the Minister of Finance, has been in contact and consultation with the Economy Council all this time”.

He added that “the President was briefed today on the proposals and recommendations of the members of the Council, in the context of the preparation of the new framework of economic measures being prepared by the Government.

Measures and incentives were discussed, both in the medium and long term.

The Government will continue to consult with the members of the Economy Council, because, as is well known, the preparation and planning of the new framework of measures that will be submitted to the Council of Ministers for approval next week is in progress”.

In addition, in his statements, the President of the Economic Council, Takis Clerides, said that “the meeting concerned issues for the restart of the economy and the measures and incentives proposed by the Council for Economy and Competitiveness.

We analyzed our thoughts with the President of the Republic and the Minister of Finance, practical suggestions, which we will discuss even more in the next couple of days, until the Government completes the measures, which will be announced next week.

We, as the Council for Economy and Competitiveness, intend to help companies and the economy in general with practical measures, aiming not only for the state to invest and help businesses, but also (targeting) smart ways in which the state can collect money, which are necessary in these difficult times”./ibna