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“We will lose businesses,” warns the CCCI

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The companies are expecting new financial support plans, stressing that the stricter measures that the Government is preparing to take, “if they are not accompanied by the necessary Plans, will lead to the permanent suspension of their work”.

In his statements, the general secretary of the CCCI, Marios Tsiakkis, even claimed that “apart from those of April, the other measures did not support the Cypriot companies, many of which are suspended” and added that “it is widely discussed in business circles that we will lose some businesses and they will not be able to operate again “. It is understandable, he said, “that the state's finances are at a critical juncture, as is the case in other parts of the world because of the pandemic.” However, he recalled, “in December, the Minister of Finance had presented some views on supporting businesses, but to date no announcements have been made.”

READ ALSO: PTD listens to epidemiologists – Thursday decisions

For his part, the general director of CIM, Giagos Hatzigiannis, stated that “things are not good at the moment, neither in health nor in the economy” and stressed that “the pandemic should be brought under control by the end of May so that it does not disappear another tourist year “. At least, he said, “it must be a tolerable year” and he estimated that “some businesses and some households will not be able to bear the burdens of the current crisis . He reminded, at the same time, that “on January 22-23, Cyprus will be evaluated by the evaluation houses”.

Source: www.philenews.com

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