Anastasiades forced to seek Georghadji out of office (Update-2)

By Stelios Orphanides

Chrystalla Georghadji is under mounting political pressure to step down as governor of the Central Bank of Cyprus (CBC), less than a year after she took office, making a new rift between Cyprus and the European Central Bank likely.

President Nicos Anastasiades who met earlier today with leaders of the political parties, is scheduled to meet the non-executive members of the central bank’s board of directors at 6pm today followed by meeting with the two executive members of the board, George Syrichas and Stelios Kiliaris. Kiliaris set in motion the chain of events last Thursday, when he said he was resigning and launched a broadside against Geroghadji.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.