Saturday June 6, 2020

Cypriot finance minister resigns as country seeks easier bailout

The Cypriot finance minister has resigned due to an ongoing investigation into the causes of the banking crisis in the country.

2nd April, 2013
Cypriot finance minister Michael Sarris.

The Cypriot finance minister has resigned due to an ongoing investigation into the causes of the banking crisis in the country.

Michael Sarris submitted his resignation to President Nicos Anastasiades today, he told reporters in Nicosia. Sarris was chairman of Cyprus Popular Bank, which is one of the bank’s at the centre of the crisis on the island.

Cyprus government officials are seeking easier bailout terms in talks with representatives of the European...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago