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Press Release - The Cyprus presidency of the Council enjoys full support in Brussels and in the EU
06.07.2012, 10:22 (CET)
The Cyprus Presidency enjoys the full support in Î’russels according to the President of the European Council Mr. Herman Van Rompuy. He added that he expects all the countries in the region to contribute to a serene atmosphere during the Cyprus Presidency, while stressing that the Cyprus Presidency can count on him personally.

The President of the European Council met today with the President of the Republic of Cyprus Mr Demetris Christofias, at the Presidential Palace, where at a working breakfast they discussed, inter alia, the priorities of the Cyprus Presidency, the decisions taken at the 28 and 29 of June European Council meeting, and the on-going negotiations for the Multiannual Financial Framework.

After the working breakfast President Christofias and President Van Rompuy made statements to the Press.

President Christofias noted that he briefed President Van Rompuy on the steps that the Cyprus Presidency of the Council will follow towards the direction of promoting the Growth Pact and reaffirmed that the Cyprus Presidency shall do its utmost within the framework of its competencies to create growth conditions in Europe giving priority to the legislative acts which deepen the Single Market, support the small-medium enterprises and create new jobs.

“It is required that we make collective efforts for more effective policies for more solidarity towards a Better Europe with economic growth and social cohesion.” President Christofias said.  

President Christofias and President Van Rompuy also discussed the on-going negotiations of the Multiannual Financial Framework for the programming period 2014-2020. The final phase of negotiations is expected to peak towards the end of the Cyprus presidency.

“We aim at having a fair development budget that shall improve competitiveness of the European economy and at the same time create conditions of sustainable development, with economic, social and territorial cohesion,” President Christofias said.

He also thanked President Rompuy for the interest he showed with regard to the situation of the Cyprus economy and the need of recapitalisation of Cypriot Banks and the possible utilisation of the Support Mechanism of the EU. The President of the Republic said he gave President Van Rompuy all the necessary explanations that the main needs of Cyprus involve the recapitalisation of banks and not the overall support of its economy.

President Rompuy said that with President Christofias he discussed the outlook for the European Presidency and they also followed up to the June European Council.

He also referred to other decisions taken during the European Council in June which were the focus of his deliberations with President Christofias.

“The decisions taken in the last European Council will have an important impact on the Cyprus Presidency,” President Van Rompuy said. Referring to the negotiations for the Multiannual Financial Framework he said that the goal is to reach an agreement by the end of 2012 and added that bilateral meetings with the member states, headed by the Cyprus Presidency, will begin in the upcoming days.  

Another issue discussed today was the request by Cyprus for assistance form the EFSF/ESM. President Van Rompuy said that the Eurogroup accepted the request and the Troika is assessing the situation.

“I welcome Cyprus’ commitment to engage with determination in policy actions to ensure a return to stable and sustainable economic growth and a solid financial sector.”

Concluding he said that “the Cyprus presidency of the Council enjoys full support in Brussels and in the EU. We want your Presidency to succeed. I expect that all countries in the region contribute to a serene atmosphere over the next six months. It is time for restraint, time to cooperate and engage. In any case you can count on me.”

Communications Officer
Riana Magidou

Press Office of the President of the Republic

Mobile: +357 99588299
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