Van Rompuy welcomed the positive conclusion of the first review mission of the adjustment programme, and commended the hard work done by the Cypriot authorities.
You are not alone in your huge efforts towards recovery. Let me assure you that all the countries in the European Union are by your side: they will continue to show solidarity with Cyprus. After the EU-IMF loan last spring, European leaders in June also agreed on additional funds to help Cyprus return to growth. These €200 million should in 2014 and 2015 add to the already agreed half a billion euros worth of support from the European budget in 2014 to 2020.
I know economic recovery is not easy and that it is not just a matter of financial aid but I am convinced that through all these efforts - first and foremost by the people of Cyprus, and with the support of your partners in Europe - Cyprus will steadily build its way to a better future.
The energy perspectives for Cyprus are an important factor of hope. The European Union is clear on Cyprus' rights to explore and exploit its natural resources.
In the months ahead European leaders will continue to focus on our agenda for growth and jobs, and on deepening the Economic and Monetary Union. A return to positive economic growth in 2014 in large parts of the Union will also help Cyprus with its recovery. An increased European competitiveness will make our economies more robust. That is why I put energy, taxation, the digital economy, innovation, defence industry and industrial competitiveness on the agenda of the European Council.
As in Cyprus, all European countries have to work on lasting solutions for growth and jobs. And we will succeed. Just as we Europeans did in overcoming the existential threat to the euro, which is now behind us. We weathered the storm - as Cyprus will do.
Full statement
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