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Denmark handed over the EU chairmanship to Cyprus 10 days ago (Photo: cy2012.eu)

Cyprus: bank crisis will not spoil EU presidency

Cyprus has said the near-collpase of its banking system will not stop it from running a normal EU presidency.

Its EU mission in a statement circulated on Monday (9 July) said: "The two issues are not connected and Cyprus is ready and able to exercise a fully successful presidency."

It added: "Cyprus has all the potential and, most importantly, the will to act as an honest broker, with the aim of furthering European integration and of a better Europe."

Its status as an hones...

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Denmark handed over the EU chairmanship to Cyprus 10 days ago (Photo: cy2012.eu)

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