Governor of Cyprus Central Bank Steps Down ; He Resigns amid Tension with President Stemming from European BailoutPanicos Demetriades, chief of the Bank of Cyprus, took the actionMonday amid tensions with the...Alderman, Liz
NICOSIA, March 28 (Xinhua) -- A new governor of Central Bank of Cyprus (CBC) was appointed on Thursday to replace current CBC chief Chrystalla Georghadji at the end of her five-year term in April, according to an official statement. The statement said that President Nicos Anastasiades appoin...
NICOSIA, May 28 (Xinhua) -- All previous projections on Cyprus' economy have been thrown "upside down" by the coronavirus pandemic crisis as the economy is expected to undergo a "serious recession" in 2020, said Constantinos Herodotou, governor of the Central Bank of Cyprus (CBC), on Thur...
Chrystalla Georghadji, who has been the country's anticorruptionwatchdog since 1998, had been...Alderman, Liz
Cypriot Nobel laureate Christopher Pissarides, one of the book's editors, noted that Cyprus managed to exit its bailout program soon thanks to the 2013 "haircut" on deposits, while Greek governments struggled for several years to close fiscal gaps by increasing taxation. ...
NICOSIA, June 30 (Xinhua) -- The volume of non-performing loans is expected to increase in Cyprus in 2021 as a result of the coronavirus crisis, Central Bank Governor Constantinos Herodotou warned on Tuesday. However, Herodtou sounded an optimistic note, saying that with proper management the...