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By Peter Stevenson MEMBERS of Volunteer Doctors Cyprus have treated around 350 people at their free clinic in Nicosia since it opened three months ago, while two more, one in Paphos and one in Polis are due to open today. Limassol also has a free clinic, which was opened only last month, and plans have been drawn ...
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SOME 10 days ago, foreign minister Ioannis Kasoulides raised expectations by announcing the possibility of a deal with Turkey for the opening of the fenced off area of Famagusta, for the return of its inhabitants. In exchange the Cyprus government would agree to the opening of Tymbou airport to direct flights. ...
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By George Psyllides PRIVATE auditors have expressed doubt the electricity authority (EAC) could be considered a going concern and have asked its board to draft a credible plan to tackle the problem, according to the auditor-general’s 2012 report on the semi-state company. Among other issues, ...
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Cyprus Internet Directory [ EU chief congratulates Cyprus on smooth euro adoption ]

EU chief congratulates Cyprus on smooth euro adoption

European Commission President Jose Manuel Barroso Friday congratulated Cyprus on its successful adoption of the euro, along with another Mediterranean island state Malta.

"Cyprus said yes to Europe in 2004. By joining the euro it has now said yes, a very strong yes for the second time, a loud and clear yes," Barroso told reporters after meeting Cypriot President Taos Papadopoulos.

"It has also said yes to stability, yes to growth, yes to hassle-free trade and travel for its business and citizens," he said.

Barosso is visiting Nicosia with the European Central Bank Governor Jean-Claude Trichet and other senior EU officials to celebrate the adoption of the euro by Cyprus.

He also expressed the hope that other EU member states which are still outside the euro zone will follow the example of Cyprus, Malta and Slovenia.

"Because in a globalized world, Europe is stronger together," said Barosso. "The more together the more we can do to enhance the lives of our citizens."

The euro is a strong and solid currency with more than a fifth of the world's official currency reserves are in euros, he said.

"It is a cushion against global economic shocks like the steep rise in oil prices or foreign monetary crises. This is an especially important advantage in a small, successful and open economy like Cyprus," the EU chief added.

Cyprus, an EU member state since May 1, 2004, entered the euro zone with Malta as of Jan. 1, 2008, bringing the number of countries adopting the single currency to 15.





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