Cyprus President eyes court to axe central bank head


  • World
  • Thursday, 17 Oct 2013

NICOSIA (Reuters) - Cyprus's president said on Thursday he would press ahead in seeking the removal of the island's central bank governor, whose handling of an international bailout last March he has sharply criticised.

President Nicos Anastasiades said he had furnished legal authorities with information backing up his claim that Panicos Demetriades is not up to the job. As an independent official, the central bank chief can be removed only with the permission of Cyprus's highest court.

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