13.08.2022

  • Strong disapproval was evident in the way some newspapers presented the report by the European Banking Authority (EBA) about the remuneration of top bankers in Cyprus.

  • The Akel mouthpiece, Haravghi, understandably was more disapproving, reporting that ‘in Cyprus of workers on low wages and benefits, there are nine bankers with average annual pay of €1.7 million each’.

  • Could the newspapers begrudge the Bank of Cyprus’ CEO John Hourican his big fat salary, considering how he brought in foreign investors, stabilised the bank and listed it on the London Stock Exchange?

  • For the communists of Akel such big pay packages are obscene because they promote inequality and exemplify one of the worst aspects of capitalism.

14/04/18 06:19

ΛΕΞΕΙΣ ΚΛΕΙΔΙΑ

Our View: Banks have to pay big bucks for good bosses

Strong disapproval was evident in the way some newspapers presented the report by the European Banking Authority (EBA) about the remuneration of top bankers in Cyprus. “Nine banking golden boys in Cyprus are paid the annual total of €15,402,172, of which €12,596,114 was...

Cyprus Mail ·

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