serbia vows to boost economic ties with russia while it also strives to become part of the e.u. . this is business as usual on the w. . as in the berlin wall come and we start in europe after 8 years at the helm of the e.c.b. maria druggy held his final policy meeting his famous 2012 statement whatever it takes to preserve the euro at the height of the county's own financial crisis will go down in history fall as successes leaves behind a divided governing council last month a 3rd of its members oppose his move to restart a quantity of easy printing money to buy bonds from governments and companies as a way of stabilizing the euro zone. and his final press conference that ended just minutes ago he was asked by a reporter what kind of advice he has for his successor christine legarde is what he had to say. no advice is lead she knows perfectly well what she has to

do and by the way she has a long period of time ahead you know we should have to form her own view to get it with a go in council about what to do but the stop here really. in a frank 1st who is listening to this full statement he leaves an empty arsenal there for his successor christine legarde a chemist spector change of direction from. christine lagarde and all of her public statements so far has sort of mirrored drive these policies she said this sort of highly accommodative policy is warranted if you look at the european economy at the same time there are sort of these of these bigger questions of what 'd does christine legarde have at her disposal now you know mario draghi has really taken monetary policy to the edge of what's possible and there's

a there are definite questions about that there are a lot of discussions about things like raising the limit of bonds that. the e.c.b. could by cutting rates even lower but even in the press conference today mario draghi was sort of just stressing how there's a diminishing return as you get lower and lower in policy here she's also going to focus much like druggy has on the capacity for fiscal easing or for fiscal policy and countries like germany we've heard her speak about that many times. over there in front foods a mole in the front financial circles circles what's the overall verdict about the drug use to india good to see the books it's certainly a mixed mixed assessment here as you sort of mentioned he's widely credited with saving the euro for sort of bringing the european project back from the thing brink of collapse he's mentioned making creating 11000000 jobs over the course of these 8 years of the same time it has has he met his mandate i think most people would

agree no the e.c.v. still has not been able to reach 2 percent inflation there's a lot of concern about the negative side effects of of these policies as well shows the dilemma thank you very much. the eurasian economic union and economic bloc led by russia is set to sign a free trade agreement with serbia tomorrow and it aims to streamline and boost trade the. e.u. is an economic union that cunt counts 5 members russia belarus kazakhstan kurdistan and armenia founded in 2015 of the last for the free movement of goods capital labor and some services serbia high opes for the new deal that go into these tariff free access for over 99 percent of its exports to that bloc opening up a market of around $182000000.00 customers but the balkan nation is also waiting to

join the e.u. if that happens russell says serbia will have to drop any prior commitments with the a e.u. . i love serbia the hash tag that the balkan country has chosen as an advertising slogan and it hopes foreign investors will say the same president alexander showed up here for a contract signing ceremony as german companies agreed to plough 300000000 euros into new factories in the country serbia is rolling out the red carpet for firms that create jobs. it went very fast was very well coordinated and left a thorough professional impression that the kind of environment investors are looking for. serbian pharmaceuticals company haymow farm which belongs to the german shadow group produces around $200.00 different medications that are mostly shipped to the e.u. because there are practically no customs or tariff barriers on goods made in serbia

delivery doesn't pose any problems still german companies would like to see serbia's accession to e.u. membership done and dusted for once is reached it's just that it's important to was that it goes through the accession process especially when it comes to reforming the judiciary and bureaucracy in general that's important for companies in terms of both implementation and legal security to be to you know the world's greatest dessert overdue. but the negotiations on membership for serbia have stalled one big hurdle is a difference of opinion between the e.u. and serbia on the status of kosovo. i don't care whether we're in europe or north. like i said there are some benefits for example for travel and such maybe even just there. it's also about corruption the rule of law and everything else like that that doesn't work here the justice system press freedom it all needs to

change if we want to be a member of the e.u. . while negotiations drag sebi a is turning to other potential partners and looking to close a free trade agreement with the russian dominated eurasian economic union business consultant draggle bragg thinks his country's agriculture and construction sectors would benefit from closer ties with the e.u. . the people pro-government they being now in these preparations plays for you that maybe this can be useful for part of the serbian corner. currently however serbia still exports nearly 10 times more goods to the european union than it does to your asian economic union markets say deals that might alienate the e.u. are a tricky balancing act. there's a debate in germany right now over which companies will be allowed to develop the

country's 5 g. networks the latest high speeds mobile technology the german government has not excluded huawei from the outset unlike australia and of the united states they think the chinese telecom corporation could open the daughters and cyber sabotage concerns are growing in germany to 5 g. is set to change our infrastructure our economy and daily lives as we know. self driving cars robots delivering packages large machine parks linked without cables 5 g. will make all this possible the high speed network is still being developed but once up and running it will shape everything our daily lives our future all that we do it security is therefore a hot topic and can that be guaranteed with chinese telecoms corporation while way . that's it is assault effectively nothing has changed we are still not going to

exclude any company from the outset but we are drawing up a catalog of detailed tight security restrictions for all and all of that means that the german ministry for id security will conduct checks on key components of the 5 g. network providers themselves however could maybe be required to submit proof of trustworthiness that's enough for the german government but not for security officials and there's concern among politicians now to. the worst case scenario would be the network being switched off from outside the country by a foreign state actor like china for example and on top of that we make ourselves nigh able to blackmail in trading situations simply because a state actor has the possibility of halting our systems it's good of god that it's not about the company it's about the influence of the state in this case the chinese state has on the company the legal pressure on it whether that company likes it or not it's. just. china's reputation as

a north or a tarion nation without a democratic judicial system makes trust generally a complex issue should a chinese company be part of building the network of the future australia new zealand and the us say no but one way technology has long been a feature of german communications networks both because it's technologically advanced and because it's relatively cheap there are 2 european alternatives nokia and ericsson via the french but if we say that we need technological autonomy in europe then this is the time to start especially as we already have 2 options i had . with so many questions still unanswered one way is likely to overshadow the german chinese trade relationship for some time to come. lawyers for foreman his son chairman colors go on want of financial misconduct charges against him to be dismissed in a court filing in tokyo they argue that the case against him is the product of

unlawful collusion between prosecutors and the sun executives with an axe to grind they say the brazilian businessman who is currently on bail awaiting trial is not receiving a fair hearing. it's the latest salvo of a man who has gone from legendary auto boss to accused criminal carlists go on now said to be too weak to appear before the media set his lawyer to deliver the bombshell claim that he's the victim of a set up. this case is fabricated nissan was concerned that if go on continue to stay with the company renault would take over a nissan the company wanted to somehow almost him from this they wanted to fabricate a case. the allegation now laid out in full is that going was targeted to protect a key japanese firm from foreign hands. if dismissed by the court go in could get

face years in prison for financial and bezel meant. it's a far cry from going stays mixing with the president as the head of an international car lions between renault nissan and mitsubishi. nissan has so far declined to comment. and that's it for me on the business team here in berlin for more business news background stories check out the w dot com slash business our web site also do follow us on social media. or d.w. news we go here's a quick look at global markets at this. if

you would like to be our fighters want to start families to become farmers or engineers everyone of them as aplomb again are you sure. thing is just the children who have always been the boy. and those that will follow are part of a new. they could be the future of. granting opportunities global news that matters d. w. made some minds take a trip on us to go christmas market hopping with v.w. and cologne and a wooden board on. airfare and hotel are included for you and a guest. just tell us which german sting is your favorite. what's the most beautiful place in germany. what would you like to explore most to enter check in at d w dot com slash travel good luck and enjoy something. you

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plane. this is. a dilemma for nato as turkey expands its cooperation with russia in northern syria leaders are meeting to discuss a deal between nato member turkey and nato adversaries russia to force kurdish militias out of the region but how much scope do they have in their ally.