30/4/13

Written statement by the Government Spokesman, Mr Christos Stylianides 30/04/2013

The Government welcomes the decision by the House of Representatives to approve the loan agreement. The responsible decision taken today by the majority of the House of Representatives constitutes a milestone in the effort of Cyprus to address the unprecedented economic crisis that beleaguers the country.


It would have been a paradox if European Parliaments were to approve the loan of 10 billion euro to Cyprus and for the Parliament of a country whose coffers are empty to reject it without having a realistic alternative plan before it.

The Government will dedicate itself to the implementation of the Memorandum and the countryʼs continuing presence in the EU and the eurozone. In this effort we want to have with us the entire political leadership, both those who voted in favour of the loan agreement and those who voted against it because Cyprusʼ salvation stands above everything else.