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From the first moment the opposition was resigned due to the crisis of the Cypriot Cooperative Bank, he put his resignation at the disposal of the President of the Republic, said the Finance Minister Haris Georgiades. Mr Georgiadis said that he was ready for the difficulties but that he was ready to leave at any time. He noted, however, that the decision would be made by President Nikos Anastasiadis and not by the opposition
The Minister has described as extremely important the decisions of the House of yesterday, since the loans not performers can now be treated, the others the economic crisis of 2013, and thus the complete restoration of investment confidence in the country. He expressed confidence that the decisions of the House will lead to a stronger and stronger banking system that will inspire confidence and work in the demanding European environment.
million. Georgiades also said that those with a gloomy outlook on the economy
Commenting on charges of mismanagement at the Cyprus Co-operative Bank, Mr Georgiades admitted that some things might have happened earlier. "I am happy that a search will be made to examine the unsubstantiated allegations of non-governmental appointments," he said.
million. Georgiades also said that since the morning the outflow of deposits of the Cypriot Cooperative Bank have been virtually completed, with the imminent withdrawal of the old. (19659003) During its five-hour session, which ended at 10 pm, the Parliament approved by majority the state guarantees for the unforeseen losses of the Hellenic Bank, which will be strengthened by new funds.
He also badyzed a number of insolvency leases and mortgages, which constitute the new management framework for unproductive loans
The bill was adopted by the DISY and the MPs of the # 39; opposition. DIKO, and was rejected by all other opposition parties except EDEK, who voted for state guarantees only.
Three members of the committee examine the collapse of the CST
and an official prosecutor's office officially took office, which will examine the reasons for the bank's collapse Cypriot Co-operative and Present Relevant Findings
Following the swearing-in of its members, Advocate General Costas Clerides invited him to conduct a "thorough, complete and objective investigation" and submit a report "with badyzes, explanations and full conclusions ".
This report, he said, must be the beginning of another process so that, if necessary, finally take steps to avoid phenomena such as those that will be the object of 39, an investigation.
"We do not want to be reviewed in the same job," said the attorney general. Committee members include Giorgos Arestis, former Supreme Court Justice, George Charalambous, former President of the Cyprus Securities and Exchange Commission, and George George, former President of the Banking Association
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