Anastasiades says his government will drive Cyprus out of crisis

Anastasiades says his government will drive Cyprus out of crisis

Nicosia, February 19, 2015/ Independent Balkan News Agency

By Kyriacos Kyriacou

The Cypriot government is determined to solve the Cyprus problem and drive the economy out of the crisis, President of Cyprus Nicos Anastasiades noted on Thursday.

We all need to acknowledge the mistakes, distortions and inefficiencies of the past which have led us to the current crisis and seek a great institutional and social change, President Anastasiades said addressing a graduation ceremony at the University of Cyprus.

“In order to solve our national problem and exit the economic crisis, everyone needs to show determination, courage and perseverance” the President said, noting that “we are determined to do so”.

The Cypriot President pointed out that “there are no magic solutions to the massive problems caused by the economic crisis”, but stressed that “we are determined, and I want to include the other political forces in this, to continue with consistency the effort to revive our economy through concrete and coherent measures”.

He said that already the Government`s main priorities such as to reform and modernize the state, are being put in place.

“We are all obliged to acknowledge the mistakes, distortions and inefficiencies of the past decades that have led us to the current crisis and seek a great change of the institutions and the society” the President concluded.

The Republic of Cyprus, an EU member state since 2004, has been divided since 1974 when Turkey invaded and occupied its northern third. UN-led talks to reunify the country under a federal roof have failed so far due to Turkey`s intransigent stance and a policy of a `two state` solution on the island.

Turkey, which is an EU candidate country, violates international law and human rights in Cyprus since the invasion in 1974. Numerous resolutions and decisions by international and European organisations calling on Ankara to withdraw its troops from Cyprus are not respected by Turkey.

In October 2014 President Anastasiades suspended his participation in the talks following a Navigational Telex or NAVTEX, issued by Turkey in October last year, as Turkish seismic research vessel “Barbaros” violated the Republic’s exclusive economic zone. Repeated calls for the withdrawal of “Barbaros” went unheeded by Ankara, which announced in January the NAVTEX`s extension until April 6, 2015.

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