Speaking at Goethe Institute in Nicosia on ‘Germany and Cyprus in a changing European Union’, Roth said that Cyprus has achieved remarkable progress in the implementation of the adjustment program and it has returned to the international financial markets and improved its international ratings.

“I am confident that government and parliament will assume their responsibility and continue to push forward all necessary reforms”, he said.

Roth added that there is still a long and painful way to go for Cyprus, but Germany is ready to support Cyprus on its reform path.

“Reform was necessary and continues to be necessary. But there has to be a clear perspective for the time after the reform program. How can we promote growth and employment in Cyprus? How can we secure a promising future for the young generation? What is the right economic and social model for Cyprus?” he added.

Source: Famagusta Gazette