Home » CYPRUS » Greece forced out of the Eurozone would be to no one’s interest, says Cypriot president

Greece forced out of the Eurozone would be to no one’s interest, says Cypriot president

Nikos Anastasiadis said Thursday talks between Greece and its creditors are ongoing and that it would be in no one’s interest for Greece to leave the eurozone. The president of Cyprus says he sees no risk of Greece being forced out of the group of countries that use the euro as their currency.

Cyprus, which last month successfully emerged from its own three-year, 10 billion euros rescue program, took a huge hit from Greece’s economic woes because of its once-close banking and financial ties to the country.

During his televised news conference, Anastasiadis outlined the government’s fiscal achievements, touched on the Cyprus issue and defended often unpopular policies, joking that he had sat back and taken the criticism patiently for three years.

“We have demonstrated that we are determined to stamp out corruption,” he said. “We are determined not to accept any new scandal or hide any new or old scandals. It is no coincidence that for the first time since the establishment of the Republic, so many well-known figures were not only brought before the courts, but also sent to the central prison.”

 

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

test