>> the headlines. after seven months of negotiations, europe produces a greek bailout in deal. but just how solid is it? >> yemenis get the chance to uproot a presidential candidate at the polls. >> and aiming for victory in formula one, mercedes unveils its new 2012 silver arrow. ♪ >> it has been a very long road, seven months of negotiations led to the pre-dawn agreement in brussels with greece winning a 130 billion euro deal to avoid a march bankruptcy. >> sealing the deal means that for now, at least, athens has one precious time to meet its obligations and to get the economy back on its feet. >> even with investors and central bankers chipping in to relieve the debt burden,

economists believe greece may again violate the terms in this bailout. ministers, there was relief all around after another long night in brussels. the next stage of the bailout of greece can go ahead. the eu, european central bank, and the imf for putting up another 130 billion euros. that is on top of the 110 billion euros from the first bailout in 2010. and crucially, private investors sectors will write off 107 billion euros. that is more than half the money that greece goes to private creditors such as banks, insurance companies, and hedge funds. in fact, the hair cut runs into some 55% of the 200 billion euros debt, much more than the 21% originally discussed. greece will therefore just have to repay the remaining 93 billion euros to the creditors. if it does not, the eu will cover about a third of that sum.

but it is still not certain that all the private creditors will accept the voluntary hair cut. that will become clearer in the coming weeks. and then there is concern over what greece will actually do with all those billions. the deal hammered out in brussels on monday allows the imf, the eu, and the ecb to directly monitor financial activities in advance. >> the debt will be primarily serviced using the new bailout money which will be placed in a special account with the relevant bank. that, in turn, will be monitored by the troika. >> now the pressure is again on athens to prove its can push through the necessary reforms. there were. riots recently when the parliament approved 3.2 billion euros in extra spending cuts. the government now has an even tougher path ahead of it.

>> so we do have a deal, but there are some loose ends remaining. for some analysis, let's bring in nina in brussels. is this package enough to save greece from default? >> the greek finance minister hailed the deal is probably the most in portland in the country's post-war history and said that the nightmare scenario had been avoided. what is true is that this deal has bought greece sometime. in default as been averted. greece can pay back its debts on march 20. but of course, the greek problem as such has not been resolved, and it will still take some time. >> the fact that it has not been resolved and that greece will remain exposed to default for quite awhile now, how much of a concern is that in brussels? >> welcome to it is a fact that this deal has put the country back on the right track towards growth. that is what the head of the imf, christine lagarde, said. but there were also some words

of caution here. the european commission said that the greek economy is not expected to grow again until 2014, and unemployment is still going to be at some 15% in 2015. so these are very disappointing figures, of course. and it means that greece is looking ahead to some more difficult years. what is vital is that the greek government in athens stays committed, and that is what the europeans have been stressing as well. but what the deal was it doing was this sent out a signal that the eurozone does believe that greece can do it and that it can reduce its debt, but nobody is saying that it will be easy. >> briefly, looking ahead, there is a european unit -- union summit coming up. what can we expect to hear from leaders about greece at that gathering? >> well, european leaders are of course expected to talk about how to create jobs and growth. this is where reece comes in,

that greece is only one point. it was at the epicenter of the whole eurozone debt crisis, so they will talk about greece. but what is vital for the europeans is to get the discussion back on how to create jobs and growth across the block and not just in greece. this is what they will be discussing. >> thank you so much. >> in athens, prime minister lucas papademos has called a cabinet meeting to discuss the additional cutbacks that were agreed in brussels and to finalize legislation tied to the 130 billion euro bailout plan. for more, we're joined on the lne from athens by brian williams. what exactly is on the table this evening? >> well, the cabinet meeting is still going on. the prime minister is a briefing the other political leaders on what has taken place in brussels. and then from the cabinet meeting, what is expected is that the first bills linked to the deal will be presented to

parliament. so greece is trying to keep up the momentum of this deal. >> we have seen the anger receiving on the streets. is there any sense of the people of greece will accept the terms of this new deal? >> i think the made the deal has been received as one of relief, a fleeting relief perhaps. but there is always a shadow over it. because, tomorrow, the main public and private unions have called a demonstration. if you remember the demonstration a week ago was a very violent. there will be another demonstration tomorrow which will be outside the houses of parliament, and that could be a flash point. >> you mentioned the mood and the fleeting relief, but tell us, do greeks appealed that the eu is helping the more punishing them? >> i think it is, nation. i think it is one thing that the greeks are resentful about,

this thing that they're spending is going to be policed, that there is going to be a permanent mission from the troika overseeing them. i think that is the one thing that is sticking to them. they do not like the feeling that they're giving up some of their sovereignty. >> thank you very much. share markets in europe finished with modest losses tuesday amid a bit of profit-taking and speculation that greece will soon need more help to follow up the bailout deal agreed earlier in the day. our correspondent sent us this summary of the tuesday trading session from frankfurt. >> the frankfurt stock exchange investors did what they sometimes are doing. they bought on the speculation and sold on the tax, although most investors have been quite content with the greek rescue package, they said that while the negotiations have been going on, they were buying shares

which led the dax to the highest level since nine months. afterwards, there was some profit-taking going on. that weighed heavily on the dax this tuesday's session. on the other hand, more and more economists are saying that the greek rescue package will not be able to save greece on the long term, and this also weighed on share prices. >> let's stay in frankfurt for a closer look at the numbers. starting off with the dax. let's get a look at the numbers but a finished down by about 0.6%. the euro stoxx 50 finishing down, less modest losses. turning to new york, markets trading higher, but it is played catch up after the president's day holiday on monday. and the euro treating high year, $1.3257. in other news, opposition reports from syria are claiming that government forces have

killed more than 30 people in raids in the province of idlib. it is said that the army stormed two villages. rebel districts under the city of homs hit by government artillery fire again today. at least seven people reported killed. activists in that city said the shelling resumed after syrian infantry failed to take the outlying streets and -- in the bab amr your neighborhood. voters in yemen have been heading to the polling stations to cast their ballots in presidential elections. an interesting one. >> yes, the vote will put an end to presidents saleh's 33 years in power. his deputy, abed rabbo mansour hadi, is the sole candidate. high voter turnout is crucial to give hadi the mandate he needs to put forth changes in the power transfer deal. voters turned out early and in droves. they showed their identification

with pride. finally, a chance to vote. for many, it is almost beside the point that there's only one candidate. vice president abed rabbo mansour hadi is being touted as the consensus candidate. he will serve for two years before new elections are called. today we close a chapter and open and a clean white page in which to write the future of a new yemen. this nobel peace prize winner has advised her supporters to vote for hadi. >> today, we're building the new yemen, building the democratic and happy yemen that all of the young people and women have dreamed about. >> despite her optimism, many see vice-president hadi as part of the old elite. because of this, many young activists are boycotting the election. but others are counting on the

vote to provide stability. they are betting that a time of calm will offer more room to maneuver against al qaeda, whose influence in the country is growing. in spite of the criticism, there's hope for a new era in yemen, and more peaceful decade or democracy stands a chance. the election results are due on thursday. >> and we will have more news on the vote in yemen coming up later in the show. >> first, we're going to look at some of the other headlines making the news today. thousands of afghans have been protesting against the burning of copies of the quran, muslim holy book, at the u.s. bagram military base and the country. a military spokesman said troops used stun grenades to disperse crowds. 13 people were wounded. the commander of the icf mission admitted that copies had been improperly disposed of and offer his apologies to the people of

afghanistan. >> thousands of palestinians had taken part in demonstrations in support of the palestinian hunger striker. he refused food for 66 days to protest against his detention without trial in an israeli jail. the ended his fast on tuesday and is said to be released in april. he is believed to be leader of islamic jihad, which israel has designated a terrorist organization. but he has not been charged with any offense since his arrest in mid-december. >> and ground workers at frankfurt international airport have extended their strike action until friday. around a fifth of all flights have been canceled. that on monday, but no intercontinental flights affected. one airport operator says the union is calling for pay increase of up to 70% for about 200 workers. some sports now. they call it the silver arrow, and it is meant to bring when

the results. mercedes has unveiled its sleek very racecar for this year's formula one season, which begins next month in australia. mercedes drivers hope the cars improved aerodynamics' will give them the competitive edge they will be needing to put them back on the winner's podium. >> this is a mercedes' new race car. the team has big hopes for the 2012 formula one season. they raised their budget by a third and made many typical improvements. the car has a new nose in the relocated air ducts, features that are supposed to make it even faster than before. >> our weakness over the last two years has been aerodynamics. and that has been what we have been working on and making improvements to. the goal is to improve, and i hope the new car will help us do that.

>> mercedes motorsports director is cautious about his hopes for the season. >> we are in a development process that has lasted two years. it takes time to get to the top of the formula one is tough- going, but we're on our way up. >> that is quite an understatement. time is running out. schumacher's contract expires at the end of the season. whether he renews it or not will depend on how successful mercedes is this season. >> and we will have much more after a short break. >> we will have a studio guest talking about yemen, and we will be finding out what is going on with the chinese minority group. so stay with us. ♪ ♪

>> i will like a banana parfait. >> pistachio with walnut. >> panacotta, please. >> the next time you eat up, helping the 850 million people in the world that go hungry. donate the cost of a desert to the world food program. ♪ >> welcome back. as we have been reporting earlier, voters in yemen have been going to the polls in the presidential election that put the country, we hope, in a new path after the end of president

saleh's 33 years of rule. but the vote is largely symbolic. >> because there's only one name on at the ballot. abed rabbo mansour hadi served as saleh's deputy and looks to take over power in the deal brokered by yemen's gulf neighbors. >> yemenis have been protesting over the past year against poverty, hunger, and joblessness. and against president saleh. after 33 years, he is handing over power. the people may have gained a measure of freedom, but yemen still has severe problems. nearly half of the country's people live in poverty, especially in the countryside. the country imports nearly all its food, and political

instability has reduced its already modest oil exports. political unrest has also made electricity and fuel supplies scarce, but the country's biggest problem is its lack of water resources. one of the few cash crops is a drug, a stimulant that suppresses the appetite. nearly every man here chews the leaves, making widespread drug use another burden for the country. growing the drug is water- intensive, diverting much of the precious water supply away from growing staple crops. guns are also common. nearly every man has won. tribal conflicts often boil over into violent confrontations with fatal consequences. yemen's vast desert sun also become a haven for al-qaeda.

membership in the militant group is growing here. a southern separatist movement is boycotting the elections and has threatened attacks during voting. there is only one candidate in this election, so the outcome is clear. but it remains to be seen what yemen's new president can do about his country's entrenched problems. >> well, we're very happy to be joined by eight in middle east expert in the studio to talk about yemen and its future -- to be joined by a middle east expert. this is a brokered deal, this presidential vote. is it the beginning of a government representative democracy in yemen? >> well, perhaps, because there are a true in elections planned within two years. at least the current government will be a little bit more representative than the last one. the big problem though is that members of the old elite, of the saleh family, still controlled

parts of the army and security services. until now, nothing fundamental has changed. >> we know that hadi was the deputy of saleh and loyal to his family. so why is he getting such strong support from the u.s. and western powers? it's because he's the candidate of the saudis and the gulf corporation counsel states. and there have been no other convincing alternatives. that is part of the problem. everybody has been looking for an alternative candidate. there was no one, so they did the deputy. >> tensions in the region are very high right now. how does yemen fit in with washington and the west's plans regarding syria and iran? >> to be quite frank, i do not see any american strategy with regard to iran and syria. although, washington seems to plan some sort of containment of iran in the future, and for such a policy, it is very important

that the gulf states remain stable. and that is why the americans and europeans, to some extent, they bet on stability in the person of hadi. >> thank you very much for those comments. well, in a sign that at least some things are getting back to normal in libya, the country has hosted its first international soccer matches since the uprising against muammar gaddafi. >> the bulgarian champions take on tripoli and benghazi. the score in the first match, 1- 0 for the team. the second visitors. >> cska sofia is the first juror -- foreign soccer team to come to libya since the end of the civil war. the bulgarian club has come here to play soccer. but there is that also means much more. >> this tournament is the rebirth of libyan soccer.

after the toppling of gaddafi. that will give our club's a big boost. >> and the enthusiasm is mutual. the away side is also enjoying the experience. >> for us, it was amazing. the atmosphere here in the stadium is really great. >> libyan soccer has taken its first step back to normality. now players and fans are hoping that the national league will kick off soon. >> it chinese deputy president is holding talks with turkish leaders. the man who was designated to become china's next leader met with the turkish president in on car. talks focused on trade and the differing positions on syria. ahead of those talks, a protest march in ankara. human rights groups accused china of human rights abuses in

2009 with the turkish minority. for more, we're joined by our correspondent in istanbul. why is xi jingping in turkey right now? >> turkey has begun to play this role on the global stage, being taken seriously. but when you look at the political situation, you begin to understand that with the iranian nuclear dispute, they're right on the border to iran. and the syrian conflict, one of the most foremost conflicts, they're right on the border of the conflict. the greek situation of what they are neighbors of greece, too. they are neighbors of all these countries, and they're being taken seriously by these countries and by the main global players, like the u.s. and china. another factor, as always, the economic sector. only one country in the world

that can keep up with economic growth rates in china these days, and that is turkey. if the chinese are going to sell anything to anybody, they will look to the people that have the money. forget the europeans, they do not have the money. >> what more can you tell us about these protests by the ethnics and their political aspirations? >> turkey is always embarrassed by their own minority problem with the kurds and the abroad to western europe, where most of the kurdish refugees live. china has a problem when it comes to turkey, because the minority that china has a problem with, the leaders, the ethnic church. the area is known as eastern turkistan. it is natural for the uigher minority to come to turkey. is there a problem between turkey and china, but one that turkey is trying to stop behind the scene, trying to mediate and show it is more of an economic problem.

some feel they're losing ground within their own homeland to the up and coming chinese middle class. they're trying to mediate that more behind the scenes in a try to avoid scenes like this today with the protesters in the streets. >> ok, thank you for those insights. it turns out what is probably the most famous painting in the world has a twin sister. curators at the museum in a madrid say a mona lisa copy the have known for years is just as old as the original. >> more than 500 years ago, leonardo da vinci painted this. experts believe one of his students was making another version of the same artwork at the same time. the copy has now gone on display for the very first time. >> the intriguing look on the face of the mona lisa at prados. fresher, brighter, more radiant and leonardo da vinci pose a more famous version of for

years, it was thought to be no more than a later copy. but experts examined it before it went on loan. under a thick layer of black paint, they found a landscape and other clues, which suggest this artwork was created at the same time as the original. >> our examinations with infrared light have shown that the corrections that were carried out on the original or also carried out on at the copy. you would not have seen that by looking at the service, not unless you had x-ray vision. no, this painting must have been there when the vinci made the changes to the original, and they were made here, too. >> the museum says the fact that the landscape is in a much better state than on the original means it is possible to draw conclusions about the mona lisa hannity -- in the louvre. >> this has gone through less than the original because it was

not as famous. no one has tried to steal it. it was not landau. that has contributed to its excellent condition. >> in march, the painting will join the original in paris for an exhibition on bling erdogan to's work. >> kernel of fans got to celebrate the tuesday tradition in southern germany. in munich, some of the women who run stands at the city's famous outdoor food market perform their traditional dance. the custom is over 100 years old. >> and a thaw is causing chaos right now on the danube river. >> absolutely. this comes after weeks of frigid weather freezing the waterway, causing all shipping to be suspended. now huge chunks of ice are breaking up, blocking the channel of the danube near the syrian capital belgrade. the thick blocks are heavy and have damaged several floating restaurants and uptorn a number of small boats loose from their moorings. disaster. >> the big thaw after the

victories -- freeze. " we will be back with more big news at the top of the hour. we're following that yemen election story very closely. stay with us. ♪ captioned by the national captioning institute --www.ncicap.org-- ♪ ♪