in-cyprus 11 January 2021 - by Annie Charalambous
The coronavirus pandemic has affected the income of 50 percent of households in Cyprus, according to a Bank of Cyprus survey published in Philenews on Monday.
Specifically, 46 percent said their household income remained the same, and 4% actually saw it improved.
At the same time, 26% said it decreased significantly, another 22% saw it decreased somewhat and 2% actually recorded loss of all income.
Another conclusion drawn from the survey is that the least losses were recorded in households with medium to high incomes.
Specifically, 53% of them showed a stable financial situation while most losses were in the category of middle and lower incomes. The percentage of losses in this category is as high as 58%.
