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Christopher Pissarides on the Cyprus Economic Crisis

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Christopher Pissarides on the Cyprus Economic Crisis

Postby Oceanside50 » Sun Apr 14, 2013 8:36 am

[youtube]https://www.youtube.com/watch?feature=player_embedded&v=ejKpt2poCDI[/youtube]
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby kurupetos » Sun Apr 14, 2013 9:26 pm

Who's that chap, doc? :?
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby Oceanside50 » Sun Apr 14, 2013 11:04 pm

The interesting thing about this interview that Pissarides the Cypriot Nobel prize winner, insists that Greece is at fault when in reality it is only 10% of the loss...

@kurupetos.. I ain't doc!
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby GreekIslandGirl » Sun Apr 14, 2013 11:09 pm

Oceanside50 wrote:The interesting thing about this interview that Pissarides the Cypriot Nobel prize winner, insists that Greece is at fault when in reality it is only 10% of the loss...

@kurupetos.. I ain't doc!


Even then - it's not Greece at fault since the whole thing was orchestrated by the Eurozone banks some years ago. But Pissarides is being paid by the government now isn't he? So perhaps he has to tow the party line till all this is over and we get our end of the bargain which is removal of the Turks.
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby Get Real! » Sun Apr 14, 2013 11:09 pm

Oceanside50 wrote:The interesting thing about this interview that Pissarides the Cypriot Nobel prize winner, insists that Greece is at fault when in reality it is only 10% of the loss...

@kurupetos.. I ain't doc!

Where did you get that 10%?
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby kurupetos » Mon Apr 15, 2013 12:53 am

4.05bE (Greek Private sector involvement-PSI) out of 23bE is around 18%. :wink:

http://thecypruslawyer.com/cypriot-banks-participate-in-greek-bond-swap/cyprus-news
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby supporttheunderdog » Mon Apr 15, 2013 6:42 pm

http://qz.com/65299/the-truth-behind-cypruss-bank-catastrophe-cypriot-banks-are-really-greek-banks-in-disguise/

Another take - a large percentage of (possibly non performing) loans were seemingly to Greeks....
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby GreekIslandGirl » Mon Apr 15, 2013 6:51 pm

There are many out there wanting to blame the Greeks. All part of the brainwashing bandwagoning that led to all this in the first place. Both countries are only in the EU as a defence against Turkey and both countries have Gas-Oil reserves to protect.

The truth is the eurozone banks acted like racketeers; planning the whole scenario:

cyprus40358.html
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby kurupetos » Mon Apr 15, 2013 7:31 pm

supporttheunderdog wrote:http://qz.com/65299/the-truth-behind-cypruss-bank-catastrophe-cypriot-banks-are-really-greek-banks-in-disguise/

Another take - a large percentage of (possibly non performing) loans were seemingly to Greeks....

That's just nonsense, dog. What I posted above is a fact.
Last edited by kurupetos on Mon Apr 15, 2013 7:36 pm, edited 1 time in total.
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Re: Christopher Pissarides on the Cyprus Economic Crisis

Postby kurupetos » Mon Apr 15, 2013 7:35 pm

GreekIslandGirl wrote:There are many out there wanting to blame the Greeks. All part of the brainwashing bandwagoning that led to all this in the first place. Both countries are only in the EU as a defence against Turkey and both countries have Gas-Oil reserves to protect.

The truth is the eurozone banks acted like racketeers; planning the whole scenario:

cyprus40358.html

It's definitely a fault of the Greeks of Cyprus who elected a dumbass commie to run a Eurozone country.

The republic of Greece cannot be blamed for anything; We accepted the Greek PSI, it was not enforced to us. :roll:

BTW, are the Greeks of Greece responsible for the Mari explosion too? :x
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