President – CBC Governor discuss reduction in interest rates

President – CBC Governor discuss reduction in interest rates

President of the Republic Nicos Anastasiades received today the Governor of the Central Bank of Cyprus Chrystalla Georghadji with whom he discussed, among other issues, the reduction of interest rates.

Deputy Government Spokesman Victoras Papadopoulos said that the President held a meeting today with Georghadji in the framework of the regular meetings he has on economic affairs. The meeting, he said, was also attended by Minister of Finance Harris Georghiades.

He added that at the meeting they reviewed the state of the economy, they exchanged views and discussed various other issues raised by the President.

Asked if they also discussed a reduction in interest rates, Papadopoulos said this was included in the agenda.

Other issues on the agenda, he pointed out, were ways to simplify procedures for new bank loans, restructuring of loans, as well as other issues which are of concern to banks and borrowers this particular period of time.

CNA/AAR/MM/2015
ENDS, CYPRUS NEWS AGENCY