Cyprus Torn Between Strong Allies Over Bailout Money | WAMU 88.5 - American University Radio
Filed Under:

Cyprus Torn Between Strong Allies Over Bailout Money

Play associated audio
Eurozone finance ministers reportedly won't approve a final bailout deal for Cyprus until after February elections there. The vote is expected to bring to power a conservative who will do everything that the current communist president is refusing: cut public sector jobs, slash wages and, above all, privatize public services. Everyone in the Cypriot government but president Demetrios Christofias agreed in November to austerity measures proposed by the European Union and International Monetary Fund. The delay is terrible for Cypriot banks, which were hit hard by the Greek debt crisis and are desperate for recapitalization funds. Worsening matters is Russian leader Vladimir Putin's call to repatriate $1 trillion of Russian cash abroad. At least one fifth of the deposits in Cypriot banks are Russian.
NPR

Louis C.K. Reflects On 'Louie,' Loss, Love And Life

C.K. won an Emmy for outstanding writing in a comedy series for an episode on his FX show Louie. In 2011, C.K. told Fresh Air about making his comedy special and his relationship with other comedians.
NPR

Diplomats And Lawyers Try To Define 'Culturally Acceptable Food'

Some governments recently said that agricultural investments should supply "culturally acceptable food." Now they're trying to define what that is.
NPR

Former Iowa Lawmaker Admits To Getting Payoff Before 2012 Caucuses

Kent Sorenson pleaded guilty in federal court to taking under-the-table payments when he switched sides between GOP presidential candidates. The former state senator previously denied the rumors.
NPR

Science Crowns Mozzarella The King Of Pizza Cheese

Why do some cheeses melt and caramelize better than others? Researchers used high-tech cameras and special software to figure it out.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.