BBC WORLD NEWS Latin America

HARDtalk

Discussion & Talk

Factual

In-depth, hard-hitting interviews with newsworthy personalities.

In-depth interviews with hard-hitting questions and sensitive topics being covered as famous personalities from all walks of life talk about the highs and lows in their lives.

HARDtalk: Harris Georgiades

Harris Georgiades

23/01/2014 GMT

BBC World News - HARDtalk, Harris Georgiades

Zeinab Badawi speaks to the Finance Minister of Cyprus, Harris Georgiades.

Finance Minister of Cyprus, Harris Georgiades, has had to preside over tough austerity measures, yet believes that the economy is proving resilient. Is he too optimistic?

When Harris Georgiades became Finance Minister of Cyprus one year ago some said he had been handed a poisoned chalice. He has had to preside over tough austerity measures that are driving up poverty levels in the country. The economy is shrinking, unemployment will perhaps reach 20% this year and wages are being slashed. These were the tough conditions of a 10 billion Euro bailout granted last year with the Troika of the European Central Bank, the EU and the IMF to avoid a collapse of the banking system in Cyprus. So why then does the Finance Minister believe that the economy is proving more resilient than expected? Is he being too optimistic?

BBC World News

BBC  World News

The BBC's international 24-hour news and information channel, as seen by viewers in Africa.

Accessibility links

Programme Index

HARDtalk

Harris Georgiades

Genres

Formats

Brand

BBC WORLD NEWS Latin America

About BBC World News