Cypriot president appoints new central bank governor

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The Central Bank of Cyprus

Cyprus’s president has named a new central bank governor today (March 28), days before the current incumbent’s first five-year term was due to end.

Cypriot president Nicos Anastasiades issued a statement in Greek saying that Constantinos Herodotou would take over from current Central Bank of Cyprus governor Chrystalla Georghadji.

Anastasiades could theoretically have offered Georghadji a second term, but that was extremely unlikely given severe political tensions between the CBC and the

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