is crew in iran and the team, i'm greeks continue to queue for cash as europe gives athens a final deadline to make a deal with it's creditors. ♪ ♪ in doha with the world news from al jazerra coming enough the next half hour, financial fears in china. share prices plunge on the country's stock market. a year after a brutal conflict the children in gaza still struggling to cope with the trauma of war. and from bee keepers to doctors, how immigrants in australia are taking up jobs that can't be filled by locals.

european leaders say sunday is the final deadline for greece to secure a deal over its debt and save its economy from collapse. an emergency summit in belgium ended with no agreement late on tuesday, the european central bank says it will keep banks afloat in the sunday deadline. jacky rowland reports now from brussels. >> reporter: after many hours of meetings and the customary working dinner, eurozone leaders finally gave their verdict. greece had not told them what they wanted to hear. >> translator: we had a long and intensity discussion and in assume are you, i can tell you that after the deliberations we had tonight the preconditions of the resumption of the program on the basis of the european stability mechanism are not there. >> reporter: greece now has two days in which to table detailed proposals. then leaders from the whole european union will meet on

sunday to decide its fate. >> stark realities that we have only five days left to find the ultimate agreement. until now, i have avoided talking about deadlines. but tonight i have to say it loud and clear that the final deadline end this week. >> reporter: this goes probably the most serious threat to the euro since the single currency came in to existence. this is something that primarily affects the 19 countries of the eurozone. however, the implications could potentially go much further which is why all 28 countries member states that the european union will attend that meeting on sunday. the leaders say their priority is to protect and strengthen the euro. none say in public that they want greece to leave. but if it happening they say they are ready. >> we have a scenario prepared

in details for the exit. we have a scenario as far as humanhumanitarian aid is concerned. and we have and thus the scenario i must refer a scenario how to deal with the problem now keeping grease as a member of the euro area, i am strongly against grexit but i can't prevent it if the growing government is not doing what we expect the greek government to do. >> reporter: a grave situation but the greek prime minister emerged smiling. >> translator: the greek side will continues their part. having the clear verdict of the greek people in our side. the vast majority want an agreement which will give us the prospect of finally exiting the crisis. >> reporter: he may have won the referendum at home but he faces a much bigger battle to convince his european colleagues. will greece be in or out? the clock is ticking. jacky rowland, al jazerra

brussels. >> and in just about three minutes ago we did see prime minister alexander tsipras entering the european union parliament in strasburg in france there. he is attending this debate about greece's future. now of course his presence comes after an emergency summit in belgium ended without agreement late on tuesday. and this is the currents situation right now. we are seeing the president of the european council donald tusk there addressing the parliamentary sitting right now. we will, of course, be covering the story throughout the day and be bringing you the latest from the parliamentary meeting. we move onto another financial crisis and hundreds of listed companies in china have stopped trading that are shares on the country's two major exchange. they are trying to halt recent market losses after stocks slumped nearly 30% since june.

scott heidler has more now from beijing. >> reporter: 1300 companies here this china have decided to stop trading on their stocks. now, this is about nearly half of the market out there here on the main land, now, this is because of something we have seen over the last three weeks. a steady decline in the markets here in china. $3.25 trillion has been lost since june 12th. again, this is something that we have seen steadily over the last several days, but this is something that we haven't seen this many companies stopping trading of their stocks. we have seen yesterday tuesday about 500 companies stop trading, today over 1300, again that represents nearly half of the companies with stocks trade in this chinese market. now, why is this happening? two frames of thought some believe this could be the end of a bubble on the stock markets here in china. that's been going for a year plus. nearly 150% increase, some believe that this is the end of that. others believe it could be a market correction that a lot of these stocks have been

overvalued others still feel it could be a reaction in the to the slowing chinese he cop my. the government has put in several mechanisms they hope will stop the slide that is preventing of initial publish offering from being floated that's new companies trading stocks that will draw away from the money still currently in the market. they have a fund set up with government money as well as brokerage firms large brokerage firms here in china are setting up a fund to keep money in the market. they hope these mechanisms will work. this again several trading days since they came from to place but as we saw a wednesday it hasn't worked just yet. yemen's exiled president hadi has told the u.n. second general that he is in favor of a humanitarian ceasefire. the u.n. envoy to yep sen still in the capital sanaa trying to con inter vince both sides to pause fighting to allow deliver of aid. the u.n. says more than

21 million yemeni people need help. an estimated 100,000 people remain internally displace ed in gaza a year on from the 50-day war with israel. more than 2,000 palestinians were killed during seven weeks of israeli bombardment and more than 10,000 were wounded. the u.n. says 75% of the victims were civilians. among israelis 66 soldiers and five civilians died, the u.n. says 89,000 class gas a homes were damaged and it will cost up to $6 billion to rebuild over the next 20 years. >> reporter: imtiaz tyab reports. >> reporter: it was a moment that few have forgot end. a group of palestinian children playing football on the beach targeted by israeli missiles. israel says it mistook them for hamas fighters, instead four children were killed, all from the same family. 12-year-old survived the strike that day but suffered serious

injuries. and while he still likes to play football. he never plays on the beach anymore. saying it's just for the not the same without his brother and three cousins who died. his mother keeps a close eye on him. telling us he hasn't been the same since that day. and that he's even tried to take his own life. >> you selves from constant seizures knew, always fighting with everyone and sometimes breaks the furniture it's will be so hard for us to control him. we have had to take him out of school. >> reporter: across gaza, there are drop-in centers like this, for children traumatized by the war can come in and share what they feel. according to the charity save the children, around 90% of parents here report that their children suffer from constant fear and that around 2/3 say they are worried about another war with israel. 12-year-old12-year-old selma draws a picture of when israeli missiles hit her family's home.

they now live in a at the present time of the ruins of what was once their house. >> translator: i am sad because there is no safety here. we don't get to live like children in other countries they feel safe. but we never feel safe in gaza. >> reporter: the affects of last year's war is clearly still taking its toll. but the trauma experienced here has a wider impact. most children over the age of nine have now lived through three wars with israel, and its continuing economic siege. the head of the united nations children's charity uncief in gaza. she says the challenges facing young people here are enormous. >> children need to feel a sense of stability and security within their families and at home. that requires a roof over their heads, and that they have true options for their future to look forward to. >> reporter: but the future of gaza's children remains uncertain. which is why so many here feel

the only thing they can be sure of is yet another war with israel. imtiaz tyab, al jazerra gaza. i am joined by the freedom member and chairman of the e.j. j.p. european jews for justice peace in stockholm, thank you very much for being with us, now, you were part of the recent flotilla that was recently turned away and you said that you are part of this campaign because you are doing it for the people of israel. what do you mean by that? >> first i would like to say we were not turned a what, we were kidnapped in international water by the israeli army. forced in to israel, impressed and then kicked out of the country. i must insist that the policies of the israeli government leading the isreali people in to the abyss in to a continuous war fox nba in to say situation that

no people deserve to live under. i think that just peace a reconciliation process, this is what is needed between the people of israel and the palestinian people. that all people will have the same right and same obligation and the human rights will be respected for all people regardless of ethnicity religion, so on, so forth. >> now, you grew up in israel. you served as a pair trooper in the israeli army. why have you changed your tone from being a paddock pat patriotic israeli to becoming someone who challenges the palestinians? >> i am sorry, i am being told we have to stop the interview there, we are going now to the european union parliament? strasburg where greece's prime minister alexis tsipras is being speaking. >> translator: it's a great honor for me to address the democratic forum in you are up,

thank you for the inning say tigs, it's an honor to address the representatives of the peoples of europe. it's a crucial time both for my own country of greece and indeed a crucial time for the eurozone and for the european union as a whole. i find myself here only a few days after the resounding verdict of the greek people. after a decision which we took to give the floor directly to ask the greek people directly what their views and to be part, an active part of the negotiations affecting their own future. a few days after this verdict. we have now been given a mandate to redouble our efforts in order to get a socially just and economically sustainable solution to the greek problem. without competing the mistakes

of the past. which condemned the greek economy. to a period of never ending and an impasse of a star at this which trapped our economy in a recessionary visual you are vicious circle. courageous response by the greek people at a time when there are such pressures of the banks closing and the media terrorizing them in to feeling that no meant an end to talks with europe, an end to negotiates with europe. [applause] >> translator: i think that they showed their -- they stood up and were counted. this was a voice of democracy. and we have to listen to what

they said. as i was saying. this was a courageous choice by the greek people. and this is not a decision of breaking off negotiations with europe, it's one of going back, it's a turn to the informing principles the founding principles of european unification. at the start of democracy and of solidarity, going back to mutual respects and going back to equality. it is crystal clear message. in surviving under the challenges circumstances. these ongoing negotiations between the greek government and

its partners arrange to reconfirm the dual forms of respect in europe, both for the grand rules of the european union, and also full respect for the democratic choice of our peoples. my government, i myself personally and our government came. [ inaudible ] government five and a half months ago however the bailout programs, the programs have been in force for the past five and a half years. and i fully assume this responsibility for what has happened in the course of these five and a half months. however, i think that we must all, if we are being sincere recognize that the basic responsibility for the impasse which the greek economy find itself in and the impasse which overall europe find itself in with the choices which have been

made don't just concern the past five and a half months, they also extends back over five and a half years with the implementations of programs that have not helped europe get out of its crisis huh it that it faces. let me assure the house that quite apart from the crisis we have, he with will continue with our reform undertaking. let's not forget the fact that for the past five years the greek people has made a tremendous effort for adjustment. a very harsh and difficult process of adjustment. but this has exhausterred the resilience and patience of the greek people. and this is not just confined to greece we understand and respect the sacrifice that his governments have taken their

positions as well. in many countries all austerity programs have been put in to effect. however nowhere have those programs been so harsh and so long last as in the greece and it's no exaggeration to say that my country has been over the past five years has been transformed in to an austerity laboratory. this experiment has not been a success. over these five years we have seen a skyrocketing of poverty. poverty -- unemployment has soared. social marginal saying has inningincreased as has the public debt debt. which is one had hundred 80% of g.d.p. the greek people, this is the simple fact that we have to face and accept, the majority of the

greek people feels that they have no other choice other ooh than to demand that they be given a way out of this impasse and this end. they have expressed this in the most direct democratic way possible and we have to implement that decision and that verdict. we are -- we demand an agreement with our neighbors but one which gives us a sign that we are on a long last is basis being exiting from the crisis which will demonstrate to us that there is life at the end of the tunnel. an agreement which will bring about the credible and necessary reforms. that is clearly necessary, but we have to recognize over the past five and a half years reforms have been put in to place which have been a burden on what pensioners can take, what employers can put up with.

what they can stand. and ordinary citizens. we need policies of redistribution on necessary for the middle class the working class and on a basis on which we can succeed on sustainable developments. the proposal that we have made to our partners are ones which involve credible reforms with an accepted degree of burden sharing which does not bring recessionary effect with his it. we need to insure the funding of our country with the development and growth program because we have to put on the table an agenda for growth. because otherwise, there is no way we are going to exit from this crisis and our prime objective must be to combat unemployment and en urge

entrepreneurship. and clearly our proposal also contains the demands for an immediate under tabling that we will see genuine dialogue, genuine negotiation in order to get an answer to the question of the sustainability of public debt. we cannot have any too tanaka boo subject. we must be able to look reality in the face and find solution to his the real problems, however difficult those solutions may be in practice. this has been put to the euro group at the summit which we had yesterday of the eurozone and today we are working with the support arrangements in the next two or three days. we have undertaking concrete proposals in detail. i am confident in the next few days we will be able to meet the obligations of the crucial time in the best interest of greece

and also the eurozone. and can say i this i say this is not just economic it's in the for the union. the proposal by the greek government for the funding of its obligation and for the restructuring of its debt are not did he sign today provide an extra burden for european tax payers the moneys which have been given to greece never got down, never trickled down to the greek people. this is money given in order to save the greek and european banks, but they never tricked down to the ordinary greek man and woman. and, in addition, starting in august of 2014, we have got to

disburse a charge under the bailout which continues until the 30th -- continues until the 30th of june. and repayments of 7.2 billion. and it was not our government which was in power from august of 2014 until 2015 to 2015. the fact is that the program has not been implemented. the program was not implemented then not because at the time there was the ideological circumstance that we currently have. it was because the program then and the program now did not have social acceptance. it's not sufficient for it to be right it's got to be workable. it's got to have the public support. and acceptance. ladies and gentlemen state

members over the same period greece has been involved in negotiations because of that 7.2 billion -- billion in disbursements, we also had the duty, we were under an obligation to repay to the same institutions which were providing the finance repayments of 17.5 billion euros. and that was money which was taken from the resources of the greek people. esteemed members despite all that i have said, i am not one of those politicians who claim that those responsible for the woes of greece are the wicked foreigners. greece has got to the individual

the bankruptcy because for many, many years the governments of greece have been creating a. [ inaudible ] governments. they have strengthened and enhance the corruption. they have created and nurtured a nexus between political and economic power. they have allowed tax evasion to run riot. and that is not right. in accordance with the. [ inaudible ] 10% of greeks currently have 56% of the national wealth. and 10% in a time of austerity they have not shared -- they have not born their share of the pressure. this is major injustice in the

programs of -- the bailout programs have not made things better, on the contrary, they have made things worse. we were supposed to bring about reforms. but those reforms have not improved the tax collecting mechanisms which collapsed under the, he cesc i have excessive zeal and enlightened and terrified officials. none of the reforms has helped when it comes to the nexus between the political establishments the oligarch and the banks in that 3-sided ring, none of the forms have improved the functioning and efficiency of the mechanisms of state which has become en used to working in the selfish

invested up interest than the common good. these proposals have been proven a table. our proposals propose based on genuine reforms to change greece, these are reforms which previous government and old political regime did not want to put in place. they did not want these changes to take place in greece. that was not the purpose of the bailout. effectively tackling the oligarchy and the cartel of invested interest we have now got to turn the page of that. the way national finances and the labor market are covered we must now get a handle on developments in those two areas we must be able to implement the priorities of our government. and get traction on those difficulties.

and this is -- those priorities are ones we are going to look at with our partners. today we come with a strong mandate from the greek people and we are determined not to have a clash with europe, but to tackle head on the establishments in our country and to change the mind sets which have taken us and taken the eurozone down. ladies and gentlemen europe find itself at a crucial crossroads. what we now call the greek crisis is only a manifestation of the overall inability of the eurozone to find a lasting solution to the self fueling debt crisis and what we now need is a european -- this is not

exclusively a greek problem this is a european problem. and a european problems require our pine solutions, european history. there is a history of conflict, but conflict leading to compromise. and it's also history of convergence. and enlargements. it is a history of unity and not divisions. and this goes why we talk about a united europe. and that is not allowing it to become a divided europe. at this time, we are called upon to produce a productive and fair compromise which will avoid a break off in negotiations and this is in line with the traditions of european union all of us have taken the measure of the situation and i believe that together we can rise to this historical challenge, thank

you very much. [applause] you have just been listening to greece's prime minister there, alexis tsipras addressing the european union parliament in strasburg in france. they, of course are out lying greece's debt cries toys the parliament. we had heard earlier on, we had heard from the president of the european commission, as well as the president of the european council donald tusk. just to recap -- there you go, that's jean-claude looking on. of course throughout the speech he had looked on. body language really said a lot. crossed arms, very stern looking looking. as alexis tsipras outlined his country's case for the bailout saying that the problems that greece was facing was not because of his party but it was because of previous governments. he said he even called the

austerity measures that greece was dealing with was an austerity laboratory. let's bring in our correspondent dominic kane now listening in in strasburg, of course, the alexis tsipras outlining the case of his country do you think though that the e.u. will listen to him will they have some sympathy for his country? >> reporter: well, they have certainly given him -- they have listened to him. they were effect pebbling for him to talk about around five minutes and he went far beyond that spoke very eloquently about the problems his country has faced for many years he did accept some responsibility for the policies of the last five and a half months. but was very clear to also then to criticize governments of the previous five and a half years. and he spoke about the need for the urgent measures to be taken to deal with the problem that grease felt this