Browse through our Interesting Nodes of Organizations in Cyprus A)? GHT="50">
Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Wednesday, 15 July 2020
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  World Press
  News Archives
Web Sites
  Interesting Nodes
  Special Topics
  Treaties, Conventions
  U.S. Agencies
  Cyprus Problem
  Personal NewsPaper
  Greek Fonts

Cyprus News Agency: News in English, 11-03-26

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <>




    The competitiveness and the comparative advantages of Member States have to be respected while discussing the implementation of a common corporate tax basis, Cyprus President Demetris Christofias stated at the end of the Spring European Council.

    Speaking to journalists, the Cypriot President referred to the decisions adopted, concerning EU financial governance, latest developments in Libya and nuclear safety issues, arising after the devastating earthquake in Japan.

    Concerning EU Summit decisions on economy, President Christofias said a comprehensive package of measures has been adopted, aimed at overcoming the impact of the financial crisis and allowing Member States to continue their path towards sustainable development.

    He said the economic package was the result of long discussions and consultations and throughout this period, Cyprus had the opportunity to raise its concerns and express its positions. Our main concern was to secure our general philosophy on social state and highlight the particularities of small states, a position we continuously support with consistency.

    President Christofias noted Cyprus submitted, along with Malta, a common declaration, asking for the development of a common tax basis in a way that does not impinge on the comparative advantages of Member States and without affecting negatively their revenues. He added, moreover, that discussion on this issue would continue.

    In another common declaration with Malta, submitted to the Council, Cyprus highlighted the position that the activation of the European Stability Mechanism should not entail any discrimination in financing Eurozone Member States, when the stability of the Eurozone is at risk.

    Regarding the situation in Libya, the Cypriot President said the international community had to undertake only actions that are necessary in enforcing UN Security Council resolution 1973.

    He stressed that no actions, on the part of the international community, should eventually lead to a long-standing conflict or the countrys division. EU involvement in Libyas democratic transition, he said, should only be made upon the invitation of the interested parties.

    Moreover, he noted that humanitarian aid flow to the area is of particular importance, adding EU Mediterranean Member States foreseen to be affected by the crisis, should receive support in managing the increased flow of refugees.

    Regarding consequences from the earthquake in Japan, President Christofias said the issue of nuclear safety has come in the limelight. He further noted nuclear consequences force all of us to be more demanding towards neighbouring countries.

    He expressed, once more, Cyprus strong concern regarding Turkeys nuclear programme, and especially its intention to build a nuclear power plant in Akkuyu, a seismically active area, on Turkeys southern coast, very close to Cyprus.

    President Christofias indicated that a common approach should be adopted by the EU, in order to exert pressure to Turkey to revise its nuclear planning. He noted a relevant paragraph, promoting nuclear safety beyond EU territory, has been included in the Council conclusions.

    The issue, he added, was raised by himself and Greek Prime Minister George Papandreou. We are very sensitive on those issues. It is natural, President Christofias concluded.

    Cyprus News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    cna2html v2.01 run on Saturday, 26 March 2011 - 10:39:10 UTC