10/03/2014 16:36
The Governor of the Central Bank of Cyprus, Mr. Panicos Demetriades, today submitted his resignation to the President of the Republic, Mr. Nicos Anastasiades, and the resignation was accepted.
According to the announcement, according to Mr. Demetriades’ contract a month’s notice is required, and for that reason his resignation will be effective as of April 10. During this period, Mr. Demetriades will deal with the pending issues before him and will brief his successor.
Mr. Demetriades’ letter of resignation was handed today, in Brussels, to the Minister of Finance Mr Harris Georgiades, in the presence of a European Central Bank representative.
The President of the Republic thanked Mr Demetriades for his contribution in the great effort that has been undertaken over the past year to rescue the country from bankruptcy and to stabilize the financial sector.
According to the announcement, according to Mr. Demetriades’ contract a month’s notice is required, and for that reason his resignation will be effective as of April 10. During this period, Mr. Demetriades will deal with the pending issues before him and will brief his successor.
Mr. Demetriades’ letter of resignation was handed today, in Brussels, to the Minister of Finance Mr Harris Georgiades, in the presence of a European Central Bank representative.
The President of the Republic thanked Mr Demetriades for his contribution in the great effort that has been undertaken over the past year to rescue the country from bankruptcy and to stabilize the financial sector.