Deputy chief post at central bank axed

The president cancelled the controversial appointment of Spyros Stavrinakis to the post of deputy Central Bank of Cyprus (CBC) governor, the government spokesman said recently, informs. “Spyros Stavrinakis’ act of appointment to the position of deputy CBC governor has been rescinded and the appointment in question is terminated,” Christos Stylianides said. Stavrinakis, a senior CBC director, was appointed deputy governor by former president Demetris Christofias 13 days before the February 17 presidential elections, which the latter did not contest. Christofias claimed the appointment was necessary due to the Central Bank’s increasing obligations, rejecting suggestions that it was politically motivated.

Related posts

EximBank provides commercial information on companies at a much faster pace

Nine O' Clock

Dacia launches the X67 utility vehicle this year

Nine O' Clock

Development Ministry to invest in consolidating Constanta casino

Nine O' Clock