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AKEL: Package of Measures to Shield Economy Due to Middle East War

Published March 21, 2026, 14:09
AKEL: Package of Measures to Shield Economy Due to Middle East War

AKEL is calling on the government to immediately take measures to shield the economy and support society against the effects of the war in the Middle East. AKEL General Secretary Stefanos Stefanou presented a series of measures proposed by the party, including support for small and medium-sized businesses, protection of vulnerable borrowers in the event of interest rate increases, and the withdrawal of "green" taxes. The already recorded increase in energy prices and the cancellation of tourist reservations are highlighted, events that are expected to burden household income and the economy as a whole. AKEL proposes a plan with immediate, medium-term and long-term measures, depending on the evolution of the war.