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Cyprus News Agency: News in English, 13-06-11
CONTENTS
[01] EC ready to further support Cyprus, Olli Rehn says
[01] EC ready to further support Cyprus, Olli Rehn says
European Commissioner for Economic and Monetary Affairs Olli Rehn has
referred to the readiness of the European Commission to further support
Cyprus following Eurogroup's painful decisions on Cyprus in his written
answer to a written question submitted to the Commission by the Cypriot
MEP Antigoni Papadopoulou.
In response to a series of questions submitted by the Cypriot MEP,
the Commissioner says, inter alia, that "the Commission`s goal during
the whole process of agreeing a support programme for Cyprus has been
three-fold: help Cyprus to the path of sustainable growth, preserve
financial stability in Cyprus and in the Eurozone and protect the
integrity of the Eurozone and Single Market".
"Although Cyprus already has a good record in terms of absorption
of funding available under the cohesion/structural policy programmes
(including the European Social Fund, the European Regional Development
Fund and the Cohesion Fund), the Support Group will clarify and help the
Cypriot authorities to rapidly access the relevant sources of funding
to face the current challenges", Olli Rehn adds.
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