By Stelios Orphanides
President Nicos Anastasiades said he did not accept Finance Minister Harris Georgiades’s offer to resign.
“I fully respect views expressed by the country’s political forces, which does not mean that I accept them,” Anastasiades said in a statement on Monday, hours after the minister said in an interview that he offered to resign after being asked to do so by opposition politicians over the handling of the Co-op.
“It is indeed a fact that the finance minister offered to resign but I believed and (still) believe that accepting it would not be justified since the Co-op’s problems were neither created by the finance minister nor were they a result of his decisions,” the President said.
The President’s comments came hours after a committee appointed by Attorney-general Costas Clerides tasked with probing the reasons that led to the collapse of the Co-op was sworn in.
Anastasiades added that Georgiades enjoys his “absolute trust” due to him achieving a turnaround of the economy which stood at the verge of disaster and is not generating balanced or surplus budgets.