Dr. Joachim Nagel, President of the Bundesbank, is set to have significant meetings in Cyprus today and tomorrow, November 27-28. He is visiting at the invitation of Constantinos Herodotou, Governor of the Central Bank of Cyprus, with whom he will hold a private meeting.

According to sources, Dr. Nagel, a pivotal figure in the eurozone's financial sphere, will engage in discussions primarily focused on monetary policy and economic developments in the Eurozone.

During his visit, Dr. Nagel will also meet with Cyprus President Nikos Christodoulides. Additionally, he will take the role of key speaker at a conference organized by the Central Bank of Cyprus (CBC). The conference, titled "Developments in the European Economy and the Effectiveness of Monetary Policy," will spotlight Dr. Nagel's insights.

Dr. Nagel, who took office at the Bundesbank in 2022, is renowned for his influential role in both the eurozone and the broader European economy. His career includes a six-year tenure on the Board of Directors of the German Federal Bank, a position as an executive at the state development bank KfW, and serving as the deputy head of the banking department at the Bank for International Settlements (BIS).