FinMin calls on parties to approve loan guarantee scheme

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FinMin calls on parties to approve loan...
 © In-Cyprus 2020
Minister of Finance Constantinos Petrides called on parliamentary parties to approve a bill on government guarantees for loans to corporations and small businesses hit by the coronavirus outbreak, noting that the state’s fiscal capacity is not limitless.

“Cyprus must not be left to fight this war without the weapon of guarantees,” Petrides said during a press conference at the Presidential Palace to announce the extension measures aiming to curb the spread of the disease and to alleviate the financial impact to businesses and households.

The measures aim to save lives...


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This article was automatically added to our system 8-4-2020

FinMin calls on parties to approve loan guarantee scheme


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