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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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.