The Orthodox Christian Church of Cyprus wants to invest hundreds of millions of euros in the country’s economy to boost jobs and benefit the church, Archbishop Chrysostomos II said.
“As a church, we are ready to invest so that the economy improves and people can work,” Chrysostomos said today following a meeting with President Demetris Christofias, according to a transcript of his comments posted on the Cypriot government’s information website.
While investment plans include banks and natural gas, the church is especially looking at solar panels and building a power production plant, Chrysostomos said. The cost of these investments could reach tens and possibly hundreds of millions of euros, he said.
To contact the reporter on this story: Paul Tugwell in Athens at firstname.lastname@example.org
To contact the editor responsible for this story: Jerrold Colten at email@example.com