Athanasios Orphanides

Cyprus must not waver from the path of austerity if its economy is to emerge with a clean bill of health from the vicious cycle in which it is trapped, the outgoing head of its central bank said on...

A British university's financial economics professor was appointed Cyprus' new Central Bank governor Saturday, as the eurozone member struggles to contain a stagnating economy and banking system roiling under heavy exposure to Greek debt. Government Spokesman Stefanos Stefanou said President...

European Central Bank Governing Council member Athanasios Orphanides called on European leaders to reverse their decision to have private holders of Greek sovereign bonds take losses, arguing that the Eurozone as a whole would benefit from such a reversal...

It was a «terrible mistake» to ask private holders of Greek government debt to forgo half of their investment, European Central Bank Governing Council member Athanasios Orphanides said on Monday. Orphanides told Cypriot lawmakers that the decision to write down...