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Friday, May 27, 2011

Cyprus Central Bank hosts round table debate on financial stability

The Central Bank of Cyprus will host a round table debate entitled “Towards Strengthening Financial Stability” on May 28, in the southern coastal town of Limassol.

A press release issued by the Central Bank said the public debate is organized in the framework of the annual meeting of Finance Ministers and Governors of the group of countries represented at the International Monetary Fund and the International Bank by the Netherlands. This meeting will be held in Cyprus on May 27-29.

The debate will be attended by Donald Kohn, former Vice President of the US Federal Bank, Loukas Papademos, former Vice President of the European Central Bank and former Governor of the Bank of Greece, as well as Nout Welling, President of the Dutch Central Bank and Chairman of the Basel Committee on Banking Supervision.

The debate will be presided by the Governor of the Central Bank of Cyprus Athanasios Orphanides.

The issues to be discussed during the debate concern green energy and sustainable growth, e-government and better regulation and its financial implications, Global and Regional Financial Stability: Outlook, Risks and Policy Issues and Towards Strengthening Financial Stability.

Source: http://www.financialmirror.com

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