Panicos demetriades Archives

Bailout not co-ops focus of my attention – ex central bank boss

Elias HazouOctober 29, 2018October 29, 2018

By Elias HazouOctober 29, 2018October 29, 2018037

Poor internal governance and fangless foreclosures laws were ultimately what brought down the co-operatives, former Central Bank governor Panicos Demetriades said on Monday. “Personally, I

Tales from the Coffeeshop

Tales from the Coffeeshop: As honest as the day is long

PatroclosOctober 22, 2017October 22, 2017

By PatroclosOctober 22, 2017October 22, 201715 28

WELCOME back Dr Panicos Demetriades. His book about the economic meltdown, A Diary of the Euro Crisis in Cyprus, which could have been more appropriately

Cyprus

Panicos tells some stories in his book but leaves other untold

Stelios OrphanidesOctober 19, 2017October 19, 2017

By Stelios OrphanidesOctober 19, 2017October 19, 2017034

By Stelios Orphanides Panicos Demetriades (for those who don’t remember, he was the governor of the Central Bank of Cyprus from May 2012 until April

Cyprus

New furore breaks out over ‘financial disaster’

Elias HazouOctober 17, 2017

By Elias HazouOctober 17, 201724 42

Right on cue, political parties on Tuesday entered the fray of a political storm – contrived or not – triggered by the remarks of former

Opinion

Our View: Grand statements shed no new light on financial collapse

CM: Our ViewAugust 31, 2016November 3, 2016

By CM: Our ViewAugust 31, 2016November 3, 201631 20

Tuesday’s appearance of the former Governor of the Central Bank (CBC) Athanasios Orphanides at the House ethics committee did not shed any new light on

Business

FinCEN decision raises anew old questions on Panicos

Stelios OrphanidesMarch 28, 2016March 28, 2016

By Stelios OrphanidesMarch 28, 2016March 28, 2016026

The decision of the U.S. Financial Enforcement Network to ban transactions between U.S. banks and FBME Bank raises again questions about the favourable treatment of

Business

Former CBC governor Demetriades sees FBME as victim of domestic politics

Stelios OrphanidesFebruary 10, 2016February 10, 2016

By Stelios OrphanidesFebruary 10, 2016February 10, 2016028

By Stelios Orphanides Former Central Bank of Cyprus’s governor Panicos Demetriades said that he was not aware of FBME Bank, the Tanzanian lender which had

Cyprus

Central bank ‘surprise’ at Bank of Cyprus shortfall

Katy TurnerDecember 1, 2015

By Katy TurnerDecember 1, 201526 92

By Angelos Anastasiou The Central Bank of Cyprus was “surprised” to find out that the Bank of Cyprus’ capital shortfall, reported by the lender’s top

Cyprus

Central bankers ‘surprised’ by BoC capital shortfall

FORMER STAFFNovember 6, 2015November 7, 2015

By FORMER STAFFNovember 6, 2015November 7, 201515 11

By Angelos Anastasiou FORMER Central Bank governor Panicos Demetriades and then-senior director Spyros Stavrinakis were surprised by a letter received in June 2012 from the

Business

Probe demanded into why Demetriades withheld information that could have averted bail-in

Stelios OrphanidesJuly 24, 2015July 25, 2015

By Stelios OrphanidesJuly 24, 2015July 25, 201508

By Stelios Orphanides DIKO chairman Nicholas Papadopoulos said that authorities should investigate why the Central Bank of Cyprus withheld information from the government which could

Cyprus

Former central banker governor said suing government for pension

Katy TurnerMarch 3, 2015March 3, 2015

By Katy TurnerMarch 3, 2015March 3, 2015018

Former Central Bank governor Panicos Demetriades, who received a €265,000 golden parachute from the government in exchange for resigning his post three years ahead of

Cyprus

‘Don’t take word of foreign press’

George PsyllidesOctober 22, 2014

By George PsyllidesOctober 22, 2014013

By George Psyllides Central Bank (CBC) Governor Chrystalla Georghadji told MPs not to adopt foreign media reports regarding the emergency liquidity assistance (ELA) amassed by

Cyprus

Demetriades defends stance on Laiki

Jean ChristouOctober 18, 2014October 18, 2014

By Jean ChristouOctober 18, 2014October 18, 201423 19

FORMER Central Bank Governor Panicos Demetriades on Saturday responded to a story run by the New York Times saying that he had downplayed concerns raised

Cyprus

Demetriades denies hiding lower bailout estimates

Jean ChristouJuly 28, 2014July 29, 2014

By Jean ChristouJuly 28, 2014July 29, 20149 32

By Jean Christou FORMER Central Bank Governor Panicos Demetriades has hit back at a New York Times (NYT) article saying he had withheld from the

Business

Former CBC boss withheld recapitalisation report from new government

George PsyllidesJuly 25, 2014February 10, 2016

By George PsyllidesJuly 25, 2014February 10, 201615 16

By George Psyllides Former Central Bank governor Panicos Demetriades withheld a report suggesting the island’s banks needed less money to recapitalise because the issue was

CM Regular Columnist

A long list of ‘criminals’

Loucas CharalambousJuly 13, 2014November 3, 2016

By Loucas CharalambousJuly 13, 2014November 3, 201614 51

By Evdokimos Xenophontos IN ITS LEADER article last Sunday, under the headline ‘Can bad management and poor judgement be regarded as crimes’, the Sunday Mail concluded

Business

House ethics to hear of new list of transfers

FORMER STAFFApril 26, 2014August 30, 2014

By FORMER STAFFApril 26, 2014August 30, 20144 21

By Stefanos Evripidou THE HOUSE Ethics Committee will hear on Tuesday for the first time about funds that were transferred abroad during the two-week lockdown

Cyprus

‘Nothing dodgy’ in severance deal with outgoing CBC boss

George PsyllidesApril 8, 2014April 9, 2014

By George PsyllidesApril 8, 2014April 9, 201440 25

By George Psyllides Outgoing Central Bank (CBC) Governor Panicos Demetriades offered to resign provided he was paid €265,000, Finance Minister Harris Georgiades told MPs on

Business

CB governor supports tough action on NPLs

FORMER STAFFApril 3, 2014April 3, 2014

By FORMER STAFFApril 3, 2014April 3, 20145 19

By Angelos Anastasiou OUTGOING Central Bank governor Panicos Demetriades said on Wednesday that banks must be allowed to seize assets, and borrowers who intentionally fail

Cyprus

Truth behind CB governor pay out emerges

FORMER STAFFMarch 17, 2014March 18, 2014

By FORMER STAFFMarch 17, 2014March 18, 20146 15

By Angelos Anastasiou FOLLOWING a week of denials, the widely suspected backroom deal between former Central Bank governor Panicos Demetriades and the government was confirmed