Herodotou appointed new CB chief
The president has appointed Constantinos Herodotou governor of the central bank of Cyprus, it was announced on Thursday. Herodotou has been serving as an executive...
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Turkish governor dies after south-east bomb attack, 30 detained – sources
A Turkish district governor wounded in a bomb attack on his office in the largely Kurdish south-east has died in hospital and police detained 30...
Confusion over interest rate reduction statement
By Angelos Anastasiou Central Bank Governor Chrystalla Georghadji’s remarks in parliament on Tuesday were mistakenly interpreted as an imminent announcement of reductions in interest rates...
Demetriades ‘always acted in country’s best interests’
Central Bank (CBC) Governor Panicos Demetriades, who resigned on Monday, said he had always acted with the country’s best interests in mind, aiming at ensuring the...
CBC Governor Panicos Demetriades resigns
By George Psyllides CENTRAL BANK Governor Panicos Demetriades resigned on Monday after two turbulent years in office, which also saw the launch of an investigation...
Cyprus central bank says capital controls could be lifted by year-end
Cyprus could lift all capital controls by the end of this year if it makes sufficient progress adopting an international bailout programme and confidence is...
AG handed findings of police probe into CBC
THE Attorney-general has been handed the findings of a police probe into various allegations of misconduct at the Central Bank of Cyprus. “In the case...
Arrest warrant for former CB governor
An arrest warrant was issued on Friday for former Central Bank governor Athanasios Orphanides after he failed to appear in court in for a case...
CBC rejects unlawful appointment claims
Central Bank (CBC) Governor Panicos Demetriades does not hold a paid position in any other organisation, the regulator said on Wednesday, as it rejected suggestions...
House to hold extraordinary session on CBC chief’s ‘super powers’
Parliament will convene in an extraordinary meeting next week to discuss and vote on a bill seeking to amend the law on the resolution...