On 16 May 2013, in accordance with Article 3(5) of Regulation (EC) No 1467/97, the Council concluded that Cyprus had taken effective action but that unexpected adverse economic events with major unfavourable consequences for public finances had occurred after the adoption of the Council Recommendation of 13 July 2010.
Le 6 septembre 2013, la Commission a conclu que Chypre avait engagé une action suivie d'effets en vue de la correction du déficit excessif en 2016 au plus tard, comme recommandé par le Conseil le 16 mai 2013.