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Friday, September 20, 2013

Anastasiades Mulls Firing Bank Chief

Cyprus' Central Bank Governor Panicos Demetriades is asleep at the wheel, President Nicos Anastasiades says. Cypriot banks lost $6 billion in bad loans to Greek businesses that failed and vast holdings in deeply devalued Greek bonds. Cypriot President Nicos Anastasiades said he's considering asking the country's Supreme Court to remove central bank Governor Panicos Demetriades from ...

READ THE ORIGINAL POST AT www.greekherald.com