The Commission adopted today a report on the mission and organisation of the European Systemic Risk Board (ESBR).
The ESRB was created in response to the financial crisis and is a component of the new European System of Financial Supervision.
The latest Eurobarometer survey shows positive developments in several areas.
It registered a 10 year record high in the number of citizens who feel their voice counts and growing optimism about the economic situation and the future of the EU.
The Cyprus authorities have pursued a cautious fiscal policy, which allowed them to over-achieve fiscal targets consistently. The macroeconomic outlook remains broadly unchanged compared to the fourth review.
Given still high risks, continued full and timely policy implementation remains essential for the success of the program.