Cyprus Finance Minister Makis Keravnos said that life in Cyprus continues normally and safely despite the ongoing conflict in the Middle East. Keravnos made the remarks while arriving at the meeting of the European Union’s Economic and Financial Affairs Council (ECOFIN) in Brussels, which he is chairing.
Message of stability to international partners
Addressing the international audience, Keravnos emphasised that Cyprus has taken precautionary measures while maintaining normal daily life. “Cyprus is geographically located in a wider region where certain hostilities are currently taking place due to the war with Iran,” he said.
“We have taken certain preventive measures. Life in Cyprus continues normally and safely. The airspace is always open.” Keravnos also thanked the European Union for its rapid response in supporting the security of Cyprus.
“I would like to take this opportunity to express my sincere thanks for the immediate reaction of the European Union regarding the protection of our citizens. In particular, I would like to thank Greece, France, Italy and Spain,” he said.
Economic impact of war on ECOFIN agenda
The potential economic consequences of the conflict are also expected to be discussed during the ECOFIN meeting. Keravnos said finance ministers will examine the state of the global and European economies and assess how they are being affected by the latest geopolitical developments. The issue was also raised during the Eurogroup meeting on Monday, although no decisions were taken at that stage.