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Cyprus News Agency: News in English, 13-04-14

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] President Anastasiades' letter to Draghi to be made public
  • [02] Government is doing its best for Cyprus to exit crisis, Minister says

  • [01] President Anastasiades' letter to Draghi to be made public

    Independent institutions enjoy the government's respect, President Anastasiades said on Sunday, noting at the same time that people's sovereignty must also be respected by independent officials, who are appointed on the basis of the mandate given by the people.

    Invited to comment on a statement by Central Bank Governor Demetriades to a local daily newspaper, that he seeks the government's cooperation and not manipulation, Anastasiades wished that the Central Bank Governor would "work towards this direction and not continue to act in a way by which he has many times taken the government by surprise, but in a way that will restore the stability of the banking system."

    Asked about Demetriades' statement that he enjoys the appreciation of the European Central Bank (ECB), Anastasiades said that ECB President Mario Draghi will be informed about some events "which, I hope, will raise consciousness that we would not be in the situation we are today if the appropriate supervision was exercised by European institutions."

    Anastasiades noted that his letter to Draghi will be made public as Draghi's letter to him was also made public. Draghi has written to both Cyprus President Nicos Anastasiades and Omirou warning against dismissing the Central Bank Governor.

    [02] Government is doing its best for Cyprus to exit crisis, Minister says

    Cypriot people continue to live under the tragic consequences of the 1974 Turkish invasion and now feel the impact of an unprecedented financial crisis, Minister Justice and Public Order Ionas Nicolaou said today.

    He added that the government is doing its best in order for Cyprus to exit the crisis the soonest possible. Only if we exit the crisis, we will be able to fortify our negotiating position concerning the Cyprus problem, on the basis of a comprehensive strategy, the Nicolaou said.

    The Minister was addressing in Nicosia a memorial service for Efrosyni Proestou, a woman from the now Turkish-occupied village of Lapithos, in the northern coast of Cyprus. Proestou risked her life to assist Greek Cypriot soldiers trapped behind enemy lines during the Turkish invasion, in the summer of 1974, was eventually tortured and expelled from her village in 1975 to the free areas of Cyprus.


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