THIS IS AN ONLINE ARCHIVE OF THE 2012 CYPRUS EU PRESIDENCY WEBSITE. THE WEBSITE WILL NO LONGER BE UPDATED.
 

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18.12.2012, 11:39 (CET)
Cyprus’ Minister of Finance, Mr. Vassos Shiarly, outlined yesterday evening the Cyprus Presidency’s main achievements relating to economic and financial affairs before the European Parliament’s Economic and Monetary Affairs Committee (ECON)....
13.12.2012, 04:33 (CET)
Under the guidance of the Cyprus Presidency, European Union’s Economy and Finance Ministers today reached a general approach on proposals aiming at the establishment of a Single Supervisory Mechanism (SSM) for the oversight of credit institutions....
12.12.2012, 14:16 (CET)
The Cyprus Presidency welcomed today’s European Parliament’s (EP) approval vote of the agreement concerning the 2013 EU budget and the draft amending budget (DAB) n 6 for 2012. The positive EP vote constitutes the final endorsement phase of the agreement, after the Council’s approval on December 6....
11.12.2012, 15:04 (CET)
The European Union’s Finance Ministers will focus on outstanding issues of the Single Supervisory Mechanism, in their extraordinary meeting which will be held tomorrow, December 12, in Brussels. The ECOFIN Council will be called on to agree a general approach on proposals aimed at establishing a Single Supervisory Mechanism (SSM) for the oversight of credit institutions, as part of a broader plan to establish a banking union....
04.12.2012, 18:57 (CET)
The European Union’s Economy and Finance Ministers achieved significant progress regarding the two-pack as they met in Brussels today, December 4. During the ECOFIN Council, ministers held a very constructive discussion on the way forward regarding the Single Supervisory Mechanism (SSM) and the Revised Capital Requirements Directive....
03.12.2012, 09:24 (CET)
The European Union’s Economy and Finance Ministers will take stock of developments with regard to the Revised Capital Requirements Directive (CRD IV), when they meet on  Tuesday, December 4, in Brussels. During the ECOFIN Council, ministers will also hold an exchange of views on the way forward regarding the Banking Union and discuss the Annual Growth Survey for 2013, that will be presented by the European Commission....
30.11.2012, 20:00 (CET)
Today's COREPER  has confirmed that the Council is ready to approve a draft agreement  on a global package on the EU Budget for 2013 and on Amending Budget 6 (for 2012), which was the result reached in trilogue November 29 between the Council's and the European Parliament's negotiating teams and the Commission as the facilitator....
28.11.2012, 11:39 (CET)
An important step forward in the relations between the EU and Morocco was marked last week when the Trade Policy Committee of the Council, under the Cyprus Presidency, gave the green light for launching negotiations for a Deep and Comprehensive Free Trade Area (DCFTA) with the country....
28.11.2012, 09:10 (CET)
The Cyprus Presidency, together with the European Parliament and the European Commission achieved a political agreement on the texts of the Regulation and the Directive related to credit rating agencies. The agreement, reached on November 27, introduces additional rules for credit rating agencies to follow concerning sovereign debt ratings....
26.11.2012, 18:51 (CET)
The Deputy Minister for EU Affairs, Ambassador Andreas D. Mavroyiannis today represented the EU at the 38th European Economic Area (EEA) Council, on behalf of the High Representative of the Union for Foreign Affairs and Security Policy, Baroness Catherine Ashton....
23.11.2012, 19:24 (CET)
The European Commission presented today, Friday, November 23, a new proposal on the draft annual EU budget for 2013, as stipulated by the Lisbon Treaty, since an agreement was not reached in the Conciliation procedure that ended on Tuesday, November 13....
21.11.2012, 18:51 (CET)
The Cyprus Presidency intervened today, November 21, at the European Parliament’s (EP) Plenary on crucial discussions, including the debate on the preparations of tomorrow’s special European Council meeting that will solely address the MFF, possible ways forward with the 2013 annual budget, as well as the upcoming Climate Change Conference, in Doha....
20.11.2012, 14:48 (CET)
The Cyprus Presidency, through its Justice and Public Order Minister, Mr. Loucas Louca, intervened during the second day of the European Parliament’s (EP) Plenary session which took place today, Tuesday, November 20 in Strasbourg. The Cypriot Minister intervened in the discussions concerning the Economic and Monetary Union (EMU), stressing that an integrated financial framework needed to be put in place, where the EU’s banking sector would be strengthened....
13.11.2012, 22:10 (CET)
Despite the strenuous efforts of the Cyprus Presidency to find a consensus between the positions of the Council of the EU and the European Parliament (EP) concerning the 2013 EU Budget, today’s attempts did not reach the desired agreement. The stumbling block was the draft amending budget for 2012, for which the EP had set an agreement as a precondition for discussing the EU 2013 Budget....
13.11.2012, 17:52 (CET)
The European Union’s Economy and Finance Ministers today discussed the way forward on a number of ongoing financial and economic issues, with special emphasis on the two-pack and the Single Supervisory Mechanism. The ECOFIN Council which took place in Brussels on Tuesday, November 13, also took stock of developments regarding the Revised Capital Requirements Rules (CRD IV)....
12.11.2012, 10:15 (CET)
The European Union’s Economy and Finance Ministers convene in Brussels on Tuesday, November 13, 2012, to discuss ongoing dossiers aimed at strengthening the economic governance and financial framework of the EU. These dossiers include the “two-pack”, the banking Single Supervisory Mechanism (SSM) and Revised Capital Requirements Rules (CRD IV)....
09.11.2012, 21:20 (CET)
Despite the best efforts of the Cyprus Presidency, the second meeting of the Conciliation Committee was suspended today, November 9, without reaching an agreement on the EU budget for 2013. However, an important decision was taken on the amending budget no 5 for 2012, for the mobilisation of the solidarity fund for Italy....
08.11.2012, 17:50 (CET)
The Council of the European Union is expected to finalise its negotiating position on the 2013 EU Budget for the discussions with the European Parliament (EP), during its ECOFIN meeting on Friday, November 9 in Brussels. The ECOFIN meeting, which will focus solely on the annual EU budget will be chaired by Cyprus’ Deputy Minister for EU Affairs, Ambassador Andreas D....
25.10.2012, 13:30 (CET)
Cyprus’ Deputy Minister for EU Affairs, Ambassador Andreas D. Mavroyiannis highlighted today, October 25, the important role of the Single Market as an engine for growth, during his intervention at the discussions of the European Parliament (EP) Plenary in Strasbourg....
23.10.2012, 15:50 (CET)
The Cyprus Presidency and the President of the European Parliament (EP), agreed today to mandate a Conciliation Committee with finding an agreement on the 2013 EU budget*. This follows the respective adoption of diverging positions by the European Parliament and the Council, concerning the draft EU budget for 2013 proposed by the European Commission....
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