The European Bank for Reconstruction and Development (EBRD) will do its best to minimize the impact of the Greek crisis on the Cyprus economy, EBRD Cyprus office head Libor Krkoska has told CNA.
Speaking on the sidelines of the EBRD’s first Trade Facilitation Programme (TFP) Information Session in Cyprus on “Financing Foreign Trade with Cyprus” and invited to comment on the situation in Greece, Krkoska said that the European Reconstruction and Development Bank is monitoring the situation in Greece very carefully.
“We are also monitoring what is happening here in Cyprus and so far it seems that the Greek crisis has little impact on Cyprus,” he noted.
He also noted that “we will do our best to support the stability of both the financial sector and local companies so that the impact on the Cypriot economy will be minimal.”
ENDS, CYPRUS NEWS AGENCY