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Central Bank Of Cyprus
The Central Bank of Cyprus ( el, Kεντρική Τράπεζα της Κύπρου tr, Kıbrıs Merkez Bankası), is the central bank of the Republic of Cyprus, located in Nicosia. It was established in 1963. Its current Governor is Constantinos Herodotou The bank issued Cypriot pound banknotes and coins prior to 2008, when Cyprus adopted the euro. History The Central Bank of Cyprus has its origins in the British Colonial Government of Cyprus, which established a Cyprus Currency Board in 1927. This followed on from the unilateral annexation of Cyprus by the British Empire in 1914, the Treaty of Lausanne, establishing the legality in international law of this British takeover, in 1923, and the full establishment of a colonial system of government in Cyprus, with the creation of a Legislative Council, in 1926. The role of the Chairman of the Currency Board was held by the Accountant General, also known as the Auditor General, of the Government of Cyprus. The Board could issue ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Crown Agents For Oversea Governments And Administrations Ltd
Crown Agents Ltd is a not-for-profit international development company with head office in London, United Kingdom, and subsidiaries in USA and Japan. Crown Agents fully owns Greenshields Cowie, a freight forwarding limited company incorporated in 1938, also based in the United Kingdom. In April 2016 its financial services arm, Crown Agents Bank and Crown Agents Investment Management, was sold to Helios Investment Partners. Incorporated as a private limited company Crown Agents Ltd has only one shareholder – the Crown Agents Foundation, a not-for-profit company. Crown Agents Ltd's registered office is in Southwark, London. History Early history Prior to 1997, Crown Agents was a UK public statutory corporation, overseen by the British Department for International Development, Ministry of Overseas Development. Crown Agents originated as a body conducting financial transactions for British colonies. Agents were first appointed in 1749 to transfer and account for grants made to co ...
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Economy Of Cyprus
The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1. The 2012–2013 Cypriot financial crisis, part of the wider European debt crisis, has dominated the country's economic affairs in recent times. In March 2013, the Cypriot government reached an agreement with its eurozone partners to split the country's second biggest bank, the Cyprus Popular Bank (also known as Laiki Bank), into a "bad" bank which would be wound down over time and a "good" bank which would be absorbed by the larger Bank of Cyprus. In return for a €10 billion bailout from the European Commission, the European Central Bank and the International Monetary Fund, the Cypriot government would be required to impose a significant hairc ...
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Charis Gavrielides
In Greek mythology, the Charites ( ), singular ''Charis'', or Graces, were three or more goddesses of charm, beauty, nature, human creativity, goodwill, and fertility. Hesiod names three – Aglaea ("Shining"), Euphrosyne ("Joy"), and Thalia ("Blooming")Hesiod, ''Theogony''907 ff – and names Aglaea as the youngest and the wife of Hephaestus. In Roman mythology they were known as the , the "Graces". Some sources use the appellation "Charis" as the name of one of the Charites, and equate her with Aglaea, as she too is referred to as the wife of Hephaestus. The Charites were usually considered the daughters of Zeus and Oceanid Eurynome. Rarely, they were said to be daughters of Dionysus and Coronis or of Helios and the Naiad AeglePausanias, ''Description of Greece''9.35.5 or of Hera by an unnamed father. Other possible names of their mother by Zeus are Eurydome, Eurymedousa, or Euanthe. Homer identified them as part of the retinue of Aphrodite. The Charites were also associate ...
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Christakis Stephani
Christakis ( gr, Χρηστάκης) is a name of Greek origin and may refer to: ;Surname *Alexander Christakis (born 1937), Greek-American social scientist, systems scientist and cyberneticist * Erika Christakis, American expert in early childhood education *Georgios Christakis-Zografos (1863–1920), Greek politician * Nicholas A. Christakis (born 1962), American physician and social scientist ;Given name * Christakis Charalambides (''Stephanos of Tallinn'', born 1940), primate of the Estonian Apostolic Orthodox Church *Christakis Zografos Christakis Zografos ( el, Χρηστάκης Ζωγράφος, tr, Hristaki Zoğrafos Efendi; 1820 – 19 August 1898) was an Ottoman Greek banker, benefactor and one of the distinguished personalities of the Greek community of Constantinople ( ... (1820–1898), Greek banker {{given name Greek-language surnames Surnames ...
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Christodoulos Christodoulou
Christodoulos Christodoulou (in Greek Χριστόδουλος Χριστοδούλου; born 13 April 1939, in Avgorou), is a Greek Cypriot economist, lawyer and a politician. He served as a finance minister of Cyprus under president Glafcos Clerides from 7 November 1994 until 18 March 1999. Christodoulou was imprisoned for money laundering and other related major fraud crimes, which are suspected to be fake. Education Christodoulos was born in Avgorou, Cyprus, in 1939. Upon graduation from the Greek Gymnasium of Famagusta in 1957 he carried on his studies at the Pedagogical Academy of Cyprus, qualifying as a teacher in 1962. In 1969 he entered the Law School of the Aristotle University of Thessaloniki in Greece, graduating as a lawyer by 1972 and registering as a European lawyer (Dikegόros) in the next year. In 1988 he matriculated at the University of Wales where he gained his PhD in Labour Law in 1992. Career Christodoulou began his career as a school teacher in 1962 befo ...
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Athanasios Orphanides
Athanasios Orphanides (born 22 March 1962) is a Cypriot economist who served as Governor of the Central Bank of Cyprus between 3 May 2007 to 2 May 2012 and as a member of the Governing Council of the European Central Bank between 1 January 2008 and 2 May 2012. Prior to his appointment as governor, he served as senior adviser at the board of governors of the Federal Reserve System in the US, where he started his professional career as an economist in 1999. While at the Federal Reserve he taught undergraduate and graduate courses in macroeconomics and monetary economics at Georgetown University and Johns Hopkins University. He holds undergraduate degrees in mathematics and economics as well as PhD in economics from the Massachusetts Institute of Technology. On 29 April 2012 President Demetris Christofias announced that Panicos O. Demetriades would succeed Orphanides as governor of the Central Bank of Cyprus effective 3 May 2012. Orphanides is a professor at MIT Sloan School of ...
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Panicos O
Panicos is a given name. Notable people with the given name include: *Panicos Chrysanthou (born 1951), Cypriot filmmaker and documentarian * Panicos O. Demetriades (born 1959), Cypriot economist * Panicos Nicolaou, Cypriot banker *Panicos Orphanides Panicos Orphanides (born 27 July 1961) is a Cypriot former football manager and former football player. He played for AEL Limassol from 1977 to 1993, where he celebrated three Cypriot Cups. As a manager, Orphanides started as an assistant to An ... (born 1961), Cypriot footballer and manager * Panicos Pounas (born 1969), Cypriot footballer {{given name ...
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Chrystalla Georghadji
Chrystalla Georghadji (Famagusta, Cyprus, 13 July 1956) is Cypriot economist who served as governor of the Central Bank of Cyprus (CBC) from 2014 until 2019. She is the first female governor of the CBC.Michele Kambas (March 28, 2019)Cyprus appoints Constantinos Herodotou as Central Bank head, ECB rep''Reuters''. Career She graduated in Economics at the University of Athens, Greece in 1978. She did a postgraduate in Economics and Econometrics at the University of Southampton. She was Auditor General of the Republic from 1998 to 2014, an independent position which monitors public spending. On 11 April 2014, she was appointed governor of the Central Bank of Cyprus The Central Bank of Cyprus ( el, Kεντρική Τράπεζα της Κύπρου tr, Kıbrıs Merkez Bankası), is the central bank of the Republic of Cyprus, located in Nicosia. It was established in 1963. Its current Governor is Constantino .... References {{DEFAULTSORT:Georghadji, Chrystalla Governors of the ...
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President Of The European Central Bank
The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU). The current president of the European Central Bank is Christine Lagarde, previously the chair and managing director of the International Monetary Fund. Lagarde has served as the president of the ECB since 1 November 2019. She is the first woman to hold the post. Role and appointment The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G20. The officeholder is appointed by a qualified majority vote of the European Council, ''de facto'' by those who have adopted the euro, for an eight-year non-renewable term. History Duisenberg Wim Duisenberg was President of the European Monetary Institute (EMI) when it became the ECB, just prior to the launch of the Euro, on 1 June 19 ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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