Finance Minister, Charilaos Stavrakis stated on Tuesday that the government will protect Cyprus Airways and Eurocypria.
As the CNA reports, Mr. Stavrakis said that 2008 will be a difficult year for both airlines due to the sharp increase in the price of oil. “Any financial aid to the two companies must be approved by the EU first”, he noted.
As the CNA reports, Mr. Stavrakis said that 2008 will be a difficult year for both airlines due to the sharp increase in the price of oil. “Any financial aid to the two companies must be approved by the EU first”, he noted.
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