Bundesbank Head coming to Cyprus to discuss monetary policy and economic developments

The President of Bundesbank Dr Joachim Nagel will be in Cyprus for what have been described as important meetings between 27-28 November.

Sources told the Cyprus News Agency that the Head of the Central Bank of Germany - considered to be among the most influential figures in financial matters in the eurozone and worldwide - will visit Cyprus at the invitation of the Governor of the Central Bank of Cyprus, Constantinos Herodotou, with whom he will have a private meeting.

Issues related to monetary policy and economic developments in the Eurozone will be on the agenda.

Dr Nagel will be received by President Nikos Christodoulides and will also be the key speaker at a CBC conference titled "Developments in the European economy and the effectiveness of Monetary Policy."

Dr. Nagel assumed office at the Bundesbank in 2022 and is considered one of the key figures in the eurozone and the European economy.

He was a member of the Board of Directors of the German Federal Bank for six years, an executive of the state development bank KfW, and deputy head of the banking department of the Bank for International Settlements, BIS.

(Source: CNA)

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