Cyprus Minister of Finance outlines new package to support the economy

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Cyprus Minister of Finance Constantinos Petrides presented on Thursday the second government package aiming to boost confidence and economic activity as Cyprus emerges from a two month lockdown to curb the spread of the coronavirus outbreak. The new package follows the fist fiscal support measures amounting to €1.2 billion. The new package features direct grants to very small business and self employed persons with €100 million and interest subsidies for new loans for new loans for very small, small and medium …

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