Archbishop Calls for Resignation of Finance Minister Sarris

anamericanincyprus

Archbishop Chrysostomos II of Cyprus

Following an injunction granted to the church, Archbishop Chrysostomos II criticized the restructuring of the Bank of Cyprus, of which the church holds 11.6 million shares, and called for the resignation of Finance Minister Sarris.

Yesterday the court granted the church an injunction on the restructuring of bank shares until the matter is judicially reviewed. The church claims that stripping of it shares without compensation is unconstitutional.