Pissarides blasts Cyprus bailout deal

Above is audio of Christophoros Pissarides, Nobel prize-winning economist and head of Cyprus’ Economic Policy Council, speaking yesterday on BBC Radio 4’s Today programme about the Troika’s ‘rescue’ package for Cyprus. Richard Corbett, former Labour MEP and currently adviser to EC president Herman Van Rompuy, is the other speaker. The professor can barely contain his contempt and outrage at the decision reached on Cyprus.