i think. germany takes action to tackle an urgent lack of skilled workers your legislation will make it easier for non nationals to come to germany we'll tell you what the new conditions will be. european officials say the island of greece's two hundred billion euro bailout is a milestone but to mood on the ground there's more risk to since we'll tell you why . welcome to you business news update i'm funny for char here in berlin german companies say a lack of workers is costing the country thirty billion euro say year in g.d.p. now the german government has said it will make it easier for non nationals to come here to work to fill the gaps in future people will be able to come to germany get dealt a job offer if they are properly qualified until now that rule has only applied to

those with a university degree people will also be chosen on the basis of their age and german language abilities businesses want more workers especially in health care on the tray it's. the lack of qualified workers is especially critical in the geriatric care sector or there are thirty thousand make nationwide as the german demographic gets older the problem will get worse and the government's hopes the new legislation will help tackle this problem pilot projects have already proven successful let's have a look. it's coffee time at this care home outside of munich. this woman is being served her cake in liquid form. most of the residents here are very old and many suffer from dementia they rely on help from foreign workers like muhammad ali nazi. he moved here from tunisia a few months ago for a job as

a care worker at this red cross run institution. four hundred one i feel accepted by the residents here. we chant to each other and exchange the news. or enjoy ourselves. in the afternoon the team meets for a handover. mohammed whose nickname here is dolly learnt german when he was in tunisia the course was run and funded by the german government as part of a project called triple when it's a was to attract care workers from abroad for dolly's team having foreign colleagues isn't anything out of the ordinary. i think it's really brave to go to another country and to learn the language. especially in an area like elderly care where communication is about ninety percent of the job.

although it was moved in with two months to the written and spoken language i say written. dolly's boss monica fortunate helps foreign stuff with their move to germany when dolly arrived she picked him up from the airport and helped organize an apartment for him. she believes this kind of treatment is necessary to attract skilled workers to the care sector. as abuse instituted yes of course about how it really adds value to our institution and it's really hard to get skilled labor on the german market so for us this is a huge gift to have them and we support them. generally doesn't have much time for homesickness today he and his colleagues are weighing the residence. dudley likes his job and is planning to continue learning german.

he also has his sights set on an official government recognised qualification as a care worker in germany. has taken another a plunge following a brief made weak recovery the us president donald trump rachel rated his tough position in turkey and threatened new sanctions but many turks are not impressed series more. the turkish currency stabilized briefly this week after the finance minister reassured investors in a telephone conference that he would take all necessary measures to protect the country's banks and business in turkey's newspapers the threaten us sanctions dominate the headlines. we're not pushing for a trade war they quote president arrow one he can still count on the support of his people. we shouldn't make concessions the united states is far away but it wants to show its political strength in this region there's not much that we can do let's

keep up the resistance. as we are a country we're patriotic sentiments are high no matter how much the dollar increases we'll get over this. you know. that doesn't worry me to be honest because i believe that domestic measures are taken yes these threats can cause speculative action such as momentary currency fluctuations when turkish markets are closed international markets are open to speculations because through march. probably the only people who are genuinely ok with a weekly are the tourists because holidays in turkey and they are cheaper than they've ever been. thus the shares took a dip after c.e.o. elon musk spoke emotionally about the stress of running the company and as american regulators are set to be widening a probe into the first blast told to help times that he was working up to one hundred twenty hours a week to meet production goals and that he had been taking yet forcefully the u.s.

securities and exchange commission is looking into must meeting of plans to take the company private all right let's bring in ski on wall street in new york something very nice to have you with us please bring us up to date on the saga. while this interview is certainly not half the stock market does not make a fable impression on investors and if we cannot keep it together the company might be forced to look for a new c.e.o. or a second one and even a way this could mean a shift in the direction of the company and then on top of that the f.c.c. seems to have investigated tesla and mask for quite a while now because of a second completely different issue according to people with the matter they are trying to find out of tests i had misled and bess's before about its model preproduction problems mosque has kept making promises that he simply could not keep and this seems to have been subject to

a second investigation and this has been going on for years now. it's the last day of the trading week so if so what else is the moving the market. markets are reading out the earning season and it was a strong one but as the earning calendar about national and less busy there was simply more time to focus on the turkey crisis for example markets seem to have rushed off wars in the middle of the week but they could not completely deprive fear creeping in from time to time but companies have shown investors that they have done while despite the trade talks and terror of threats and now trump wants to make some changes to u.s. security law and these earnings season he tweeted this morning that he would like the f.t.c. to check if companies could only report earnings twice a year for more savings and flexibility this idea by the way is not new hillary clinton warren buffett and jamie dimon have talked about this before so thank you very much for the update. but how of the european stability mechanism. the

eurozone crisis is or is greece prepares for the official end up its bailout program on monday but is it really over here is more. than in august well there's been. plenty of talk about an economic recovery there's not much of it to be seen here on the streets. when you make this crisis is far from over there are a lot of cuts and a lot of difficult years ahead for us to kick up us a bit in the situation hasn't improved and it won't change anytime soon. i'll call mine it was hard but i were struggling to live on. this family business has been here for forty years giving up is not an option not as jr he's changed his business successfully during the crisis from selling luxury to bays to cut to size foam rubber like many business people he feels burdened by taxes and demands a long term strategy from the government in order to continue we have to reduce our

taxes and we have to. do. thank you for the economy. over taxation is one of the obstacles that hampers investment both domestic and foreign there is little optimism at the german society for trade and investment reforms are still missing or not implemented. people being applied my uncle here. governor of the problems remain the same sprawling bureaucracy linky procedures unclear interpretation of the laws it is what it is an investor however need security security to plan when it comes for example to tax issues or financial issues and that is still not guaranteed in greece. and does english not in money in their life that it takes courageous entrepreneurs with a bit of perseverance like often osseo siriano says the german greek acquired a brewery from the very eleven brought seven years ago and has been brewing his own

greek brand ever since siriano says proud that he manages to stand up against foreign brands on the market. would love i listen meanwhile greek beers are becoming popular and make up the majority of the products that are now being sold. creative marketing and new product lines from premium pills to light summer beer the success of the brewery rests on different pillars research and quality control are part of it as well as their own export department obstacles remain including capital controls but there is hope that the market will become more flexible. i mean. we believe that the opening of the market which was a closed market before one that was monopolized is now a chance for trees to introduce our own products which bar owners can add to their shelves was opened up the whole thing in can the interest in domestic products is growing while investors from abroad are still hesitating the greeks are starting to

take matters into their own hands. and that's a business frappe thank you so much for your company stay on to tell bring it. on.

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