Nicosia.- Cyprus government considers the statements by the President of the European Council Herman Van Rompuy on the Cyprus problem as “very important”, Deputy Government Spokesman Victoras Papadopoulos has said.
Speaking to the press following today’s meeting of the Council of Ministers, held on Friday at the presidential Palace, Papadopoulos said in particular that Rompuy’s statement according to which the solution of the Cyprus problem will be in accordance with the UN resolutions and principles is “very important”.
Deputy Spokesman also announced that the Council of Ministers has begun the discussion on the budget framework for 2014, submitted by Finance Minister Haris Georgiades.
In reply to a question, Papadopoulos said that the government is not satisfied at all with pace of bank of Cyprus ‘exit from the consolidation process, following the absorption of the good part of the Cyprus Popular Bank, which will be wound down.
Papadopoulos added that the Chief Executive Officer of Bank of Cyprus should had already been appointed and shares should had already been handed to shareholders in order to decide the fate of the company.
He also said that since April the government has been calling on all stakeholders to work towards the exit of the Bank of Cyprus from the consolidation process as soon as possible.
He said that the Government is monitoring and discussing the issue with the Central Bank of Cyprus and the Troika, admitting at the same time that “there are problems which are being addressed.”
Finally, Papadopoulos said that the Council of Ministers approved a loan agreement for 100 million euros reached between the government and the European Investment Bank to co-finance projects and programs financed by the Cohesion Fund and the Structural Funds of the European Union.