"Commenting on the current environment, Kozakou-Marcoullis said Europe today is "facing new and unprecedented challenges stemming from Russia's war against Ukraine and the situation in the Middle East, within a rapidly changing global landscape and growing instability." According to the diplomat, the EU appears determined to assume a more prominent leadership role in addressing these challenges a stance reflected in the strategic agenda adopted by the European Council in 2024, covering the period through 2029."
"When the Republic of Cyprus first took over the Council presidency in 2012, the European Union was struggling to contain the fallout of a financial crisis that was approaching its peak. The eurozone and its cohesion were under constant pressure, while countries such as Greece, Spain, Portugal and Ireland were in financial assistance programs. Cyprus itself was no exception. While holding the presidency, the country was grappling with severe problems in its banking sector,"
"the strategic agenda focused on addressing the eurozone crisis, promoting growth, employment and competitiveness, modernizing public administration and strengthening the single market."
Cyprus held the EU Council presidency in 2012 while the European Union struggled with a peak eurozone financial crisis and multiple countries under financial assistance programs. Cyprus faced severe banking-sector problems that soon led to an EU-IMF bailout. The 2012 strategic agenda emphasized addressing the eurozone crisis, promoting growth, employment and competitiveness, modernizing public administration and strengthening the single market. Fourteen years later, Cyprus assumes the presidency again amid prolonged geopolitical tensions in Eastern Europe and the Middle East. The EU is moving to redefine its political role and to assume a more prominent leadership stance through the 2024–2029 strategic agenda.
Read at www.dw.com
Unable to calculate read time
Collection
[
|
...
]