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Von Der Leyen: The EU Seeks Constructive Dialogue With The US But Stands Ready To Respond

The European Union is prepared to engage in a constructive dialogue with the United States while maintaining a firm stance against any unfair or arbitrary targeting, European Commission President Ursula von der Leyen stated at a press conference following the informal European Council meeting in Brussels. The summit, which focused on defense and transatlantic relations, underscored the EU’s commitment to cooperation but also its readiness to act if necessary.

Strengthening Transatlantic Cooperation

Addressing reporters, von der Leyen stressed that transatlantic cooperation remains a high priority, especially in the face of evolving geopolitical uncertainties. “We all know that much is at stake,” she remarked, emphasizing the need for a pragmatic and realistic partnership with Washington.

“We discussed how to strengthen a very realistic cooperation with the US,” she noted, adding that the EU remains open to dialogue but is also prepared for potential challenges in its relationship with Washington.

“If the EU is targeted unfairly or arbitrarily, we will respond decisively,” she affirmed, signaling a firm stance against any economic or political measures that could disproportionately impact Europe.

Concerns Over US Tariffs

Von der Leyen also addressed US trade policies, particularly tariffs imposed on Mexico, Canada, and China. She criticized these measures, stating that “nothing positive comes out of this.”

“Tariffs increase business costs, harm workers and consumers, create unnecessary disruptions in the economy, and drive up inflation,” she explained, highlighting the potential negative ripple effects on global trade.

The EU’s Strategy Moving Forward

Despite potential tensions, the European Commission President reaffirmed the EU’s commitment to “productive discussions” with the US, stressing that dialogue must be conducted “in a timely manner.”

At the same time, von der Leyen emphasized the need for Europe to focus on its own economic resilience. “We have to do our job and focus on our own challenges—boosting and improving our competitiveness,” she stated, reinforcing the EU’s strategy of strengthening internal economic foundations while navigating external uncertainties.The message from Brussels is clear: the EU remains committed to collaboration with the US but will not hesitate to defend its interests if necessary. As global economic and political landscapes continue to shift, the strength of transatlantic relations will be tested in the months ahead.

Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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