enet.gr

Chrysostomos: Troika threats following court appeal

«Both banks will go bankrupt»

Cyprus Archbishop Chrysostomos makes statements after a meeting with President Nicos Anastasiades, 20 March 2013 (Reuters) Cyprus Archbishop Chrysostomos makes statements after a meeting with President Nicos Anastasiades, 20 March 2013 (Reuters) Following his recent appeal to the Supreme Court against the troika decision to write off shares held in the Bank of Cyprus, Archbishop Chrysostomos has said that the troika threatened him that “both banks [Bank of Cyprus and Laiki] will go bankrupt”.

The leader of Cyprus' Orthodox Christian church, which holds millions worth of shares in the bank, said he would not withdraw the appeal unless the governor of the central bank and the finance minister resigned.

Following the appeal, the court issued a temporary order to suspend implementation of the troika decision.

The archbishop has vowed to do all he can so that ordinary people "won't go hungry" amid the country's financial crisis.

Chrysostomos said the church's property belongs to the people, but "dignity" prevents them from asking for help. He said he has instructed parish priests to discreetly seek out those in need.

Chrysostomos said after Sunday's liturgy that the church would help create jobs "so that smiles can return to our people's faces again."
 

Send with e-mail Print Page

Read also

In category
News
With tags
Archbishop Chrysostomos
Troika
Cyprus
Bank of Cyprus
Latest articles in category News of electronic version
Uninsured mother unable to afford medication loses her life
Woman in her 30s leaps to her death in apparent suicide
Study finds link between austerity cuts and male suicide
Fatal Easter traditions
Sacked cleaners in thorny Maundy Thursday protest outside finance ministry