The situation in Cyprus

As adopted by the Federal Committee in Athens, Greece 2013

JEF Europe,

Observes with regrets how the Government of Cyprus, the Eurogroup, the European Central Bank and the International Monetary Fund proved unable to solve the banking crisis on Cyprus in a well regulated and well communicated manner

Perceives the initially proposed bail-out with its last minute plan to levy contributions from small savers and its lack of a positive vision for the people of Cyprus a communicative disaster

Is shocked that neither the Government of Cyprus, nor the Eurogroup or the European Central Bank want to take up their responsibility for the ill-fated first rescue plan, but rather respectively accuse each other

Acknowledges mistakes on the side of the Government of Cyprus, which tried to postpone negotiations on the rescue plan as long as possible and being unwilling to prepare the people of Cyprus for necessary reforms as well as with the Eurogroup, which was aware of the unstable economic model of Cyprus for a long time, but decided to keep its eyes shut

Is angry that the European people are being played off against each other, whereas the media is communicating over-simplified messages

Is appalled by the fact that national resentments are breaking open and people are insulting people of different nationalities counter productively, condemns the unfair depiction of certain countries and calls for more tolerance and solidarity among Europeans in times of crises.

JEF Europe therefore,

Underlines the need for giving the people in Europe a democratic and positive vision for the future

Demands that European politicians are living up to their responsibility, explaining to their people the need for reform on both the domestic as well as the European level

Repeats its strong belief, that the only possible way to solve the European crisis lies within a democratic, effective and strong European Economic government, that will be able to avoid such blame-games, with an European parliament taking the basic decisions and formulating a participatory and solidary vision for Europe

Believes that an European economic government enables more European solidarity that is to support and to assist European countries struggling to overcome the banking crisis and finding a new and stable economic model 

Invites for rethinking further steps within the Banking Union, such as a common deposit insurance scheme in order to avoid a renewed capital flight from the South to the North.

Calls upon the media to stop feeding its agitations against other people and nations

Calls upon European politicians to take position against any kind of hatred speech European politicians to take position against any kind of hatred speech