Cyprus government warns duration of Middle East crisis will define economic fallout

Cyprus economy resilient enough to withstand regional shock, says spokesman

Government spokesman Konstantinos Letymbiotis on Thursday said that the Cyprus government is conducting ongoing assessments of the economic impact of the crisis caused by the conflict with Iran, stressing that its duration will determine the scale of consequences for the country.

Speaking during a briefing at the presidential palace, Letymbiotis explained that preliminary evaluations have already been carried out by the government.