Cyprus: Withdrawal from Eurovision 2014 confirmed!

The Cypriot broadcaster, RIK, have confirmed that they won't be taking part next year due to financial problems. I posted that Cyprus might withdraw yesterday and unfortunately it's turned out to be true...

So with Croatia withdrawing, and no returnees yet, is there really going to be any need for two semi finals? I pray to god the EBU do something quick... soon there's going to be hardly anyone left. A statement was released earlier:

RIK announced the decision of the managment board to abstain from the Eurovision Song Contest 2014. The board was led to this decision, after taking into account public opinion on the economic crisis. (The institute) took into consideration further cuts to RIK's budget for 2014, and the need for drastic cuts to spending for the programmes.

Could this be the nail in the coffin for Greece's participation? I doubt they'll be in Copenhagen either. It's worth mentioning that Lithuania have confirmed so all is not bad. ^^