'Anachronistic and dangerous practices' at Central Bank

... that the governor had 'almost unlimited power' and that this was dangerous, as possible wrong decisions could "mortgage the future of the country." He said in a statement that he was determined to stay on and modernise the Central Bank. From the ...

http://www.incyprus.com.cy/en-gb/Top-Stories-News/4342/34339/too-much-power