Politis

Final Push for Irodotou in European Banking Authority Race

Published January 25, 2026, 10:17
Final Push for Irodotou in European Banking Authority Race

Konstantinos Irodotou is in the final stages of vying for the position of President of the European Banking Authority (EBA). Despite France initially being selected, the process will proceed to a second round due to the significant support received by the Cypriot candidate. Irodotou's success, having already proven his capabilities as Governor of the Central Bank of Cyprus, is built on the strong relationships Cyprus has developed within the EU. The position of EBA President is crucial for regulating the European banking system, as the Authority shapes and implements common rules for all EU banks, promoting stability and trust. The appointment of a Cypriot to the presidency of the EBA would strengthen Cyprus's voice in European financial decisions and requires further political support.