The head of the Cypriot central bank, Panicos Demetriades, has resigned.
He reportedly experienced difficulties with Cyprus’ government and had been criticised for his handling of the country’s 10bn-euro (£8.3bn) bailout.
There was no official statement on Monday about why he had stepped down.
Mr Demetriades’ departure comes after Cyprus’ bailout was thrown into doubt when its parliament rejected a key part of the plan, and then passed it a day before the deadline was due to expire.
via SOURCE
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