31/03/2014 11:12
The only way to return to the markets and to exit the memorandum Cyprus has signed with its international lenders is to carry on with the hard work achieved so far, Deputy Government Spokesman Victoras Papadopoulos has said.
Responding to criticism about the government’s fiscal policies, he said “strict adherence to the memorandum and consistent sound policies have averted for good the risk of bankruptcy.”
These policies, he pointed out, have also stabilized the economy and the banking system in less than eleven months, dismissing loud and clear adverse predictions from various quarters both at home and abroad regarding the negative rate of growth.
Responding to criticism about the government’s fiscal policies, he said “strict adherence to the memorandum and consistent sound policies have averted for good the risk of bankruptcy.”
These policies, he pointed out, have also stabilized the economy and the banking system in less than eleven months, dismissing loud and clear adverse predictions from various quarters both at home and abroad regarding the negative rate of growth.
Related Articles
