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Christodoulos Christodoulou

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Adapted from the English Wikipedia article Christodoulos Christodoulou, available under CC BY-SA 4.0Updated 11 August 2025
Christodoulos Christodoulou
Born (1939-04-13) April 13, 1939 (age 87)
Avgorou, Cyprus
Occupation(s)Economist, lawyer, politician
Years active1962–present
Known forFinance Minister of Cyprus (1994–1999), Governor of the Central Bank of Cyprus (2002–)

Christodoulos Christodoulou (Greek: Χριστόδουλος Χριστοδούλου; born 13 April 1939, Avgorou) is a Greek Cypriot professional in economics, law, and politics. He held the position of Finance Minister of Cyprus during President Glafcos Clerides' administration from 7 November 1994 until 18 March 1999. Subsequently, Christodoulou faced imprisonment on allegations related to money laundering and fraud, charges that continue to be contested.

Education

Originating from Avgorou, Cyprus, Christodoulou completed his secondary education at the Greek Gymnasium of Famagusta in 1957 and obtained teaching certification from the Pedagogical Academy of Cyprus in 1962. He pursued legal studies at the Aristotle University of Thessaloniki, graduating with a law degree in 1972, and qualified as a registered European lawyer by 1973. Later, he embarked on doctoral research at the University of Wales in 1988, earning a PhD specializing in Labour Law in 1992.

Career

Beginning his professional journey as an educator in 1962, Christodoulou transitioned to the Press and Information Office by 1964. In 1968, he advanced to Senior Officer within the House of Representatives, followed by his role as Director of the Government Printing Office from 1972 to 1985. He was appointed Permanent Secretary at the Ministry of Labour and Social Insurance between 1985 and 1989, subsequently serving at the Ministry of Agriculture and Natural Resources until November 1994. His appointment as Finance Minister commenced in 1994 and lasted until March 1999, after which he assumed the office of Minister of Interior. In May 2002, Christodoulou was named Governor of the Central Bank of Cyprus, joining the General Council of the European Central Bank starting May 2004.

Political career

During his tenure as Finance Minister, Christodoulou represented Cyprus at international gatherings including World Bank and IMF meetings, Commonwealth Finance Ministers conferences, and other global economic forums. While serving as Minister of Interior, he participated in international dialogues concerning urban planning, housing policies, preservation of architectural heritage, migration issues, civil defence strategies, and harmonization with European Community legislation. In June 2001, he delivered a speech at the UN General Assembly addressing human settlement challenges. Presently, he remains incarcerated on fraud-related charges.

European Union

In his capacity as Governor of the Central Bank of Cyprus, Christodoulou expressed in January 2007 that joining the eurozone would promote reunification efforts between Cyprus's Greek-speaking south and Turkish-controlled north. He regarded euro adoption as a pivotal factor encouraging resolution of this longstanding political division.

EOKA

While still pursuing his studies, Christodoulou took part in the EOKA liberation movement and was detained as a political prisoner without undergoing trial.

Affiliations

  • Served on the General Council of the Cyprus Civil Servants Trade Union from 1978 to 1994.
  • Member of its Executive Committee between 1980 and 1985.
  • Chaired the Branch representing Directors of Government Departments during 1982–1985.
  • Actively involved in trade union committees and specialized subcommittees focused on Public Service Law and Civil Service matters.
  • As Permanent Secretary at the Ministry of Labour and Social Insurance, led boards including the Human Resource Development Authority, Cyprus Productivity Centre, Higher Technical Institute, and Hotel and Catering Institute.
  • Participated as a member of the Joint Staff Committee addressing civil servant employment conditions.
  • Represented Cyprus on the Governing Body of the International Labour Organization (1985–1987) and attended International Labour Conferences (1985–1989).
  • Chaired executive boards such as the Agriculture Insurance Organization, Committee for Environmental Protection, and Agricultural Research and Extension Council.
  • Contributed to Cypriot delegations at Food and Agriculture Organization assemblies and World Food Council Governing Council sessions.

References