Eurogroup decision secures Greece’s position within the Euro, Cypriot government says

Eurogroup decision secures Greece’s position within the Euro, Cypriot government says

Friday’s Eurogroup decision on Greece’s financial assistance secures the country’s position within the Euro area, while reform efforts receive a new impetus, says the Cyprus government.

According to Government Spokesman Nicos Christodoulides, the decision between Athens and the Finance Ministers of the Eurozone is “very positive and significant for Greece and for Europe”.

In a written announcement, Christodoulides also notes that these are the very same goals that Cyprus is aiming at, through collective work, responsibility, which have produced concrete results.

With assertiveness and by having in mind the interests of the Cypriot people, the government is working towards the economy’s full recovery, the announcement concludes.

Cyprus agreed in March 2013 with the Troika (European Commission, European Central Bank, International Monetary Fund) a €10 billion bailout.

CNA/AGK/GCH 2015
ENDS, CYPRUS NEWS AGENCY