Harris Georgiades

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Harris Georgiades
Χάρης Γεωργιάδης
Minister of Finance
Incumbent
Assumed office
28 February 2013
President Nicos Anastasiades
Preceded by Michael Sarris
Personal details
Born (1972-04-09) 9 April 1972 (age 42)
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]

Career[edit]

Charis started his career in the Tourist sector while also getting involved in politics. He served as the General Secretary of the Democratic Rally Youth, as Chairman of the Democratic Rally Young Graduates and as Director of the Democratic Rally President’s Office. During 2009 and 2013 he served as the Press secretary and the Deputy Head of the Economic policy of the Party. In May 2011 he was elected as a Member of the Parliament with the Democratic Rally. He served as a Member of the Committee of Financial and Budgetary Affairs, the Watchdog Committee and the Committee of Communications and Public Works.[2]

On 1 March 2013 he was appointed as Minister of Labour and Social Insurance under the newly elected President Nicos Anastasiades. He served at his post until 3 April 2013 when he was appointed as Minister of Finance, after Michael Sarris resigned on 2 April when completing talks on a controversial bailout package for Cyprus.[3][4][5][6][7]

Georgiades at CNN regarding the Cypriot financial crisis[edit]

"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[8]

References[edit]

  1. ^ "Charis Georgiades – from Cyprus Ministry of Finance". http://www.mof.gov.cy. 2013-04-04. Retrieved 2013-06-04. 
  2. ^ "Cyprus Parliament: Charis Georgiades". Parliament.cy. 2001. Retrieved 2013-08-04. 
  3. ^ "Cyprus bailout: Finance Minister Michalis Sarris quits". BBC News. 2013-04-02. Retrieved 2013-04-07. 
  4. ^ "Charis Georgiades is new Finance Minister of Cyprus". Handelsblatt.com. 03-04-2013. Retrieved 03-04-2013. 
  5. ^ "The resignation of Michalis Sarris may be only the beginning". Economist.com. 03-04-2013. Retrieved 03-04-2013. 
  6. ^ "Cyprus to get €1bn from IMF following restructuring deal". Europeanvoice.com. 03-04-2013. Retrieved 03-04-2013. 
  7. ^ "Cyprus has until 2035 to repay its bailout after the IMF chips in". Thetimes.co.uk. 03-04-2013. Retrieved 03-04-2013. 
  8. ^ "Exclusive Interview: New Cypriot Finance Minister Harris Georgiades". CNN.com. 2013-04-04. Retrieved 05-04-2013. 
Political offices
Preceded by
Michael Sarris
Minister of Finance
2013–present
Incumbent