Cyprus is a key player in EU and Eurozone, ECB President says

Cyprus is very much not at the far end of Europe, but at the core of Europe and a key player and a key member state in Europe and Eurozone, said European Central Bank’s President Christine Lagarde in statements, at the Presidential Palace, in Nicosia after meeting with the President of Cyprus, Nicos Anastasiades, in the presence of Central Bank Governor, Constantinos Herodotou.

At the same time, she expressed the belief that Cyprus will recover from the crisis caused by the war in Ukraine, praising the adaptability of the Cypriot economy during the banking crisis as well as during the pandemic crisis.

Lagarde, who is visiting Cyprus at the invitation of CBC Governor, had a meeting on Wednesday morning with Herodotou at the Central Bank and met after that with President Anastasiades at the Presidential Palace.

Source: Cyprus News Agency