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Cyprus News Agency: News in English, 07-02-12

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

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


CONTENTS

  • [01] CBC GOVERNOR - CYPRUS ECONOMY - EURO - INTERVIEW

  • [01] CBC GOVERNOR - CYPRUS ECONOMY - EURO - INTERVIEW

    Cypriot banks are set to have the first coins and bank notes in euro in the Autumn of this year, ahead of the milestone date of January 1 2008 when Cyprus is expected to join the eurozone, the Governor of the Central Bank Christodoulos Christodoulou has said.

    In an interview with CNA, the Governor said he believes that the economy meets the terms and conditions necessary to adopt the euro, as scheduled, and it also has all the prerequisites for good prospects within the eurozone.

    He stresses however that there is no room for complacency but on the contrary there is a need to be on full alert with regard to the convergence criteria as well as the effort to purify public finances through the application of structural and not temporary measures.


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