The International Monetary Fund (IMF) insisted that co-operation between the Cypriot authorities is "key to ensuring financial stability" in the country, a week after after president Nicos Anastasiades suggested he would go through the courts to remove central bank governor Panicos Demetriades from his post.

Anastasiades is one of Demetriades' most vocal detractors. He has repeatedly called into question his credentials for public office and, in April, launched a parliamentary investigation into