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Cyprus Mountain Dwelling Allowance to Be Canceled, ANA Reports

Aug. 8 (Bloomberg) -- Cyprus’s government has decided that people who live in mountainous regions won’t receive a special allowance this year because of the country’s struggling economy, Athens News Agency reported without citing anyone.

The annual allowance of 5.2 million euros ($6.4 million) goes to 22,000 residents of 99 communities that are located 600 meters (1,968 feet) above sea level, the state-run news agency said. A committee set up by areas affected said residents will descend on Nicosia, the capital, to protest if the government doesn’t rescind its decision by Sept. 20, the news agency said.

To contact the reporter on this story: Tom Stoukas in Athens at astoukas@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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