President of the Republic, Demetris Christofias proceeded with a partial reshuffle on Monday.

The names of the new Ministers were announced at 12.15 pm by Government Spokesman, Stephanos Stephanou.

According to Mr. Stephanou, Vasos Shiarlis, Chairman of Health Insurance Organization and former Bank of Cyprus Manager, has been appointed as new Finance Minister, replacing Kikis Kazamias who resigned due to health reasons.

Neoclis Silikiotis is transferred to the Ministry of Commerce after the resignation of Praxoula Antoniadou. Mr. Silikiotis will be replaced in the Ministry of Interior by former Nicosia Mayor, Eleni Mavrou.

According to Mr. Stephanou, the affirmation ceremony will be held tomorrow.