Harris Georgiades

Harris Georgiades
Χάρης Γεωργιάδης
Minister of Finance
Incumbent
Assumed office
28 February 2013
President Nicos Anastasiades
Preceded by Michael Sarris
Personal details
Born 9 April 1972
Nicosia, Cyprus
Political party Democratic Rally
Alma mater University of Reading

Harris Georgiades (Greek: Χάρης Γεωργιάδης; born 9 April 1972) is a Cypriot economist and politician. He earned his B.Sc. in Economics and International Relations from the University of Reading in England. He later continued his postgraduate studies in European Studies from the same University.[1]

Curriculum Vitae

He is the Minister of Finance of the Republic of Cyprus since 3 April 2013, having been appointed by President Nicos Anastasiades. Previously he served briefly as Minister of Labour and Social Insurance (1 March-3 April 2013). He has a leading role in the implementation of the reform and consolidation program for the Cyprus economy. He participates in the Eurogroup and the ECOFIN. He was elected Chairman of the Board of Governors of the European Bank for Reconstruction and Development for the period 2014-2015 and is a member of the Board of Governors of the International Monetary Fund, the European Investment Bank and the European Stability Mechanism. Prior to his appointment as Minister he was a Member of the House of Representatives with the Democratic Rally Party (2011-2013). He served in the Parliamentary Committees on Finance and Budgetary Affairs, on Communications and Works and the Watchdog Committee. He also served as Press Spokesman and as member of the Executive of the Democratic Rally and as Chairman of the Young Graduates and Secretary General of the Youth of the party. In parallel, he was Managing Director of a family-owned hotel business (1999-2013). He studied International Relations and Economics (BA, 1995) and European Studies (MA, 1996) at the University of Reading, UK and was a post-graduate researcher at the Institute of European and International Studies, University of Reading (1996-98). He graduated from the English School, Nicosia (1983-1990) and served his military service in the Cyprus National Guard as a non-commissioned officer of the Artillery. He is married to Eva Yiangou Georgiades, who works as a schools-councilor, and they have a young daughter, Leda.

[2][3][4][5][6]

Georgiades at CNN regarding the Cypriot financial crisis

"QUEST: But -- OK. So, you have an economy that you now really got to give this shock therapy treatment to. You're going to have rising unemployment, you're going to have a recession, and you've lost the financial sector to some extent. Pulling the strands together, how would you say to your people tonight -- I mean, I heard the president talking about hard times ahead. But as you look forward, what hope can you give them that this is a price worth paying, when you look at, for example, Greece, and you see the high unemployment in Spain, and your people will say let's just leave the euro. Get out of it, it's a busted -- whatever."
"GEORGIADES: No, no, no. There is no -- that's not an option for Cyprus, let me be very clear about that. We do not have an option to -- nor an intention to abandon either the eurozone or the European Union. We shall do whatever it takes to put our house in order, to fix -- the imbalances of our public sector. At the same time, we shall offer incentives to attract new business, to attract foreign investment. Cyprus remains an excellent destination"
"QUEST: So, how do you restore the reputation of a country and a banking sector where large depositors {Laiki Bank & Bank of Cyprus} have lost up to 60 percent of their wealth?."
"GEORGIADES: Well, we have to look ahead and we have to restore this confidence through a very decisive implementation of all the reform measures to which we have agreed. Let us not forget, the aim of the program is not to destroy the Cypriot economy. The aim of the program to which we have agreed is to improve the Cypriot economy --."

Quest Means Business - CNN International - Aired 4 April 2013 - 14:00 ET[7]

References

  1. ↑ "Charis Georgiades – from Cyprus Ministry of Finance". http://www.mof.gov.cy. 2013-04-04. Retrieved 2013-06-04.
  2. ↑ "Cyprus bailout: Finance Minister Michalis Sarris quits". BBC News. 2013-04-02. Retrieved 2013-04-07.
  3. ↑ "Charis Georgiades is new Finance Minister of Cyprus". Handelsblatt.com. 03-04-2013. Retrieved 03-04-2013. Check date values in: |date=, |accessdate= (help)
  4. ↑ "The resignation of Michalis Sarris may be only the beginning". Economist.com. 03-04-2013. Retrieved 03-04-2013. Check date values in: |date=, |accessdate= (help)
  5. ↑ "Cyprus to get €1bn from IMF following restructuring deal". Europeanvoice.com. 03-04-2013. Retrieved 03-04-2013. Check date values in: |date=, |accessdate= (help)
  6. ↑ "Cyprus has until 2035 to repay its bailout after the IMF chips in". Thetimes.co.uk. 03-04-2013. Retrieved 03-04-2013. Check date values in: |date=, |accessdate= (help)
  7. ↑ "Exclusive Interview: New Cypriot Finance Minister Harris Georgiades". CNN.com. 2013-04-04. Retrieved 05-04-2013. Check date values in: |accessdate= (help)
Political offices
Preceded by
Michael Sarris		 Minister of Finance
2013–present 		Incumbent