Cyprus: Anastasiades calls for talks on mutual debt schemes to continue

Cyprus: Anastasiades calls for talks on mutual debt schemes to continue

Cypriot President Nicos Anastasiades participated in the virtual Summit of the European Council which revolved around the response to the COVID-19 pandemic and the joint planning of the EU recovery plan, in light of the Eurogroup’s proposals; the new EU Multiannual Financial Framework 2021-2027 was also discussed.

In his speech, President Anastasiades presented Cyprus’ position on the recovery plan, stressing that, regardless of the tool chosen, it is important to help countries that are more exposed, such as Cyprus, with economy based on services severely affected by the financial crisis. He stressed the need to take into account the specifics, such as the island character and the geographical location in general in the case of Cyprus, while calling for the strengthening of both the Cohesion Policy and the Common Agricultural Policy. Cyprus also argued for the support of countries facing a serious problem through EU funds rather than loans, as well as for the continuation of the debate on the mutual debt mechanism.

The President of the Republic of Cyprus also briefed the EU leaders extensively on Turkey’s latest provocative actions in the EEZ and the Cyprus continental shelf. He noted that, in the midst of a global pandemic, and as countries were being called upon to work together and show real solidarity, Ankara stays true to its hostile and dangerous approach to international law as well as to the EU principles, values ​​and interests, in the context of an outdated revisionist policy in the Eastern Mediterranean. He stressed the importance of the EU maintaining a consistent, unified stance on the issue, in line with the decisions adopted by the EC and the mechanisms already in place. /ibna