
Gesy is not facing financial problems, chairman of the HIO Stavros Michael said on Monday after meeting in Nicosia with Akel secretary-general Stefanos Stefanou.
Michael, whose organisation oversees the running of Gesy, said the system’s reserves remain above internationally recommended levels and dismissed claims that Gesy’s sustainability is at risk , which were raised at a previous House committee meeting.
“The issue of sustainability does not arise,” he said, adding,






