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Cyprus President optimistic about 2012

FAMAGUSTA GAZETTE • PRESIDENT Christofias has called on Turkey to work in a tangible way towards the solution of the Cyprus problem, reiterating that Cyprus is fully ready for a proper solution of the Cyprus issue. Addressing the people of Cyprus on the occasion of the advent of the New Year, President Christofias expresses the view that Cyprus will manage to address the problems and boost development in 2012. The President describes the world financial crisis as a deep and a systemic one, with an adverse impact on Cyprus and its economy. He adds that under these conditions, Cyprus adopted new measures to restrain public expenditures, increase state revenues, bolster development, support the welfare state and resolve structural problems that have accumulated for decades. The Government

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