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All reports tagged with: "central bank governor"

Central bank governor resigns

The Governor of the Central Bank of Cyprus Panicos Demetriades has resigned citing “family and personal” reasons for his departure and “difficulty in cooperating with the Board of Directors”.

Capital controls could be lifted by year-end

The capital controls that currently hinder the repatriation of proceeds from the sale of property in Cyprus could be lifted by the end of the year if substantive progress is made on the economic adjustment programme.

Governor warns Cyprus is at the edge of the precipice

The Governor of the Island’s Central Bank has warned that Cyprus is at the edge of the precipice and has called on the government and parliament to work together to overcome opposition from the unions to proposed austerity measures.

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