‘Government crueller than banks’

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‘Government crueller than banks’
 © CyprusMail 2018
MPS on Thursday lashed out at Finance Minister Harris Georgiades, who told the House watchdog committee that if it were up to him he would close down even more Cooperative Bank branches.

The minister was invited to the meeting on the closure by Hellenic Bank, that took control of the operations of the now defunct Cyprus Cooperative Bank (CCB), of a large number of the latter’s branches. The lender acquired earlier this year certain assets and liabilities of the Co-op.

The committee discussed the problems this decision caused, mainly to communities.

Committee...


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‘Government crueller than banks’


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