Cyprus was a breath away from economic collapse. It was a big battle in which we came out wounded, but upright and determined to make a fresh start.

It's a Cyprus of misery and soup kitchens and a state which cannot meet basic obligations. It can only cause me grief.

I was obliged to take tough, painful and bold decisions to ensure a manageable tomorrow.

Cyprus was a breath away from economic collapse. It was a big battle in which we came out wounded, but upright and determined to make a fresh start.

The people of Cyprus have sent a strong message...of stability, credibility and change.

My government, a government of national unity, will make all necessary structural reforms.

I would like to thank the Cypriot people for their maturity and collectedness shown in their interactions with the Cypriot Banks.