Career
He served as a Minister of Labour and Social Insurance from 03/03/2003 until 18/05/2004 and from 19 May 2004 until 30 August 2005 Minister of Finance of Cyprus. Since then (1st September 2005-2014 ), he was the Chief Executive Officer of Cyprus" third largest bank, Hellenic Bank Public Company Limited Group. Was the first Minister of Finance after the accession of Cyprus to the European Union and represented Cyprus on various Councils of Ministers of the European Union. In May 2004, led Cyprus to the Exchange Rate Mechanism, which was the first step towards integration into the Eurozone.
In 2006 appointed by the Council of Ministers as Chairman of the Board of Directors of the Cyprus Broadcasting Corporation for a full term in office (2006-2009).