Government and Troika persist in cultivating rosy picture despite the brutal realities

 

Statement of Stavros Evagorou, member of the Political Bureau of AKEL and Deputy Parliamentary Spokesperson

AKEL C.C. Press Office, 14th September 2015, Nicosia

 

Following the Troika’s seventh evaluation the Cyprus economy’s philosophy and guidelines remain the same, that is to say the continuation of the policy pushing wages down, the reduction of expenditures for development projects and social benefits to the bare minimum and the escalation of the attempts to sell-off public assets and wealth to big private capital.

As AKEL, we estimate that the realities of the Cyprus economy and society are very different from the picture that is persistently being cultivated – together – by the Government and the Troika. Unemployment exceeds 16% which is the third highest percentage rate in the EU and the migration of Cypriots abroad in search of work is increasing, while over 240,000 of our compatriots have been plunged into poverty. Tens of thousands of our compatriots are still dependent and being fed by social food banks.

AKEL will not tire of repeating that the government should become less obedient to the Troika and more beneficial to Cypriot society.