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Support Group for Cyprus

The mission of the Support Group for Cyprus (SGCY) was to help alleviate the social consequences of the economic crisis in Cyprus.

Mission statement

By mobilising EU funds and technical expertise, the SGCY supported the Cypriot authorities’ efforts to restore financial, economic and social stability and to implement the Memorandum of Understanding (MoU) on Specific Economic Policy Conditionality. In this way, the SGCY helped Cyprus to establish solid foundations for a return of the economy to robust competitiveness, growth and job creation. As of 1 July 2015, the SGCY, together with the Task Force for Greece (TFGR), became part of the newly created Structural Reform Support Service (SRSS). This new service, housed in the Commission’s Secretariat-General, is specialised in providing technical assistance in implementing growth-enhancing administrative and structural reforms to all Member States requesting it. The SRSS is headed by Director-General Maarten Verwey.

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