"Cyprus can count on the European Union to support it"

Statement by European Commission President José Manuel Barroso on Cyprus

25th March, 2013
European Commission President José Manuel Barroso.

After talks at the highest level with the President of Cyprus, the Eurogroup yesterday reached an agreement on a programme for the Republic of Cyprus that, if properly implemented, we believe will restore the viability of the Cypriot economy.

The European Commission has worked intensively to make this deal possible.

We have had the interests of the people of Cyprus in mind throughout this process, since we started talks on a possible programme already in 2011.

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