tv Dw News LINKTV June 24, 2015 2:00pm-2:31pm PDT
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r long night trying to save greece from a debt disaster. time is running out for athens but finance ministers say emergency talks will have to wait until tomorrow. we will go to brussels and find out why. a pledge for nato. it this is not a new arms race. on russia possibly -- on rush upon store step. and a state banquet for her majesty.
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brent goff in berlin. good to have you with us. eurozone finance ministers have decided to postpone emergency talks on the greek debt crisis. those talks had just started. only an hour into then came the news that we will sleep on it one more night. just before the meeting was set to begin, the german finance minister said that he is not optimist about a breakthrough. the talks are meant to finalize greece's new reform proposals and unlock more bailout funds. time is not on athens i. if it misses a 1.6 billion euro payment to the imf, it's time in the eurozone could be over.
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watching the story for us, good evening. why the delay? reporter: seven hours of talks between recent creditors have not given the finance ministers apparently, enough to work with. their simple message was, if you don't give us a concrete answer, we can't help you. brent: we heard on monday that the lenders were actually pleased with the reform. now we're hearing they don't have enough to consider. reporter: the document has been
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linked -- leaked and it is full of red ink. the imf criticizes is that the reforms are too focused on tax increases. we have the impression that this time around, they don't want to make the same mistake twice. this time, they want to see reforms put in place that will help the country get back on track. brent: a look into the mind of the greek prime minister right now. is this another thing that needs to be coughed up by tomorrow morning? reporter: he has hardliners back home and the problem is, whatever he agrees to he will
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have to sell it back home. that the hardliners back home are not really interested in a deal, but they want to make this whole negotiation process -- for them it is a question of austerity in general. they will somehow have to cough up a new proposal during the night which will, then again, be put before technical experts who then will have the hammer out
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the details of this fiscal dilemma. it will be in front of the euro which meets the first time in a week now. brent: and you are here to give us an economic lessons. reporter: a country fighting for its future, on the brink of bankruptcy. it is dealing with a new problem. reporter: the finance ministers
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say it is in worse shape than previously believed. the introduction of the euro led the spiraling debt. they had to promise spending cuts and economic or forms. it took a heavy toll on the poor and the middle class. that was aimed at easing pressure on the greek economy. it continue to shrink. the protest grew louder and athens began planning a referendum.
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it led to the resignation. the european stability mechanism. the ecb president said at the central bank will do everything possible to protect the euro. it calm the financial markets. it promised an end to austerity. difficult negotiations began and begin questioning the efforts. the question is whether it all ends in a default. another hair court -- haircut or
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more emergency loans. brent: and that piece of clarity is sending equities down a slide. reporter: a step forward for greece and creditors seems to be a thing of the past. the weight on markets. perhaps the most important one is the fact that it is the international monetary fund that is drawing the red line. the next eurozone political leaders.
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we have not heard the last word on the greek crisis. brent: denying today that the security alliance that came after a meeting of defense. the military posturing between east and west. they say nato has to protect its member states. germany is playing a key part in that process. our very own max hoffman reports from brussels. >> the country is now an important nation for advancing the so-called readiness action plan.
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an arms race. but we must keep our country's safe. reporter: nato is starting to assess the nuclear messaging by russia. one thing all the officials want to exclude is the emergence of something resembling a cold war. there will be no return to the cold war. the cold war took place in a completely different world. two big blocks confronting each other. today's world is different globalized, linked together all over the world. nevertheless they have led to a nato come back. not since the end has the alliance gotten so much attention. the question remains. russia and nato, have a entered a vicious circle? the nuclear announcement is most certainly a reaction to nato's plans to boost their presence on
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the territory of their easternmost allies. brent: max hoffman reporting from brussels. from the u.s. president to the french president. we will not spy on you. brock obama making that promise in a phone call. the leaders had some talking to do today following claims the nsa eavesdropped on the last three french presidents. according to a leaks, also hollande, his predecessor nicolas sarkozy and the president prior were all spied on.
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>> this type of practices a very serious violation of the spirit of trust. they must do everything possible to repair the damage this is created in the relationship between the united states and france. >> the french foreign minister summoned the u.s. ambassador. they told president obama it may take time before trust is restored. >> between allies, there should be a certain degree of confidence when this certain practice develops. >> the allegations suggest the u.s. listened into holland and the leaders before him. it contains a transcript of the french authorities talking about the future of the eu and
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relations with germany. angela merkel had given up on greece and the solution to the debt crisis. they carefully avoided the past tense. in the intelligence game, there are no friends and enemies, just national interests. brent: the boston bomber has apologized to his victims for the first time. he made the apology shortly before being sentenced to death.
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>> paying ransoms to hostage takers. the american government needs to be more sensitive to captives families. brent:brent: the w news live from berlin. your top stories right now. finance ministers have postponed talks on the greek debt crisis until thursday. the talks are meant to finalize greases new reform opposable's. they bolster the military presence in the east. the secretary-general says there will be no new arms race. large crowds have turned out to welcome britain's queen elizabeth.
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this is the start of a german tour and is also the regal event for watchers here in the german capital. your majesty has been keeping up a world when pace -- a whirlwind pace. >> as part of her visit to the german capital, queen elizabeth paid a visit to berlin's technical university. it was here the monarch inaugurated the queens lectures. the german president and chancellor angela merkel. it was a very british affair. the curator of the city palace and former curator -- but, said macgregor, the greatest symbol is another person. mainly the queen herself.
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the day started with a boat ride together. the boat trip for the two heads of state provided berliners with an opportunity to catch a glimpse of the queen. when it comes to germany. i sent we have to be there. it is really incredible. and also the friendship between germany and england. and then off to where angela merkel was waiting. the german chancellor show the head of state around her ultramodern offices. conversation may well have drifted to the forthcoming visit of british prime minister david cameron.
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pushing for reforms in the european union and a referendum in the eu. tough topics likely create a different tone. >> simon young is uttering the queens visit. it lets pick up with what we just saw there. the prime minister comes in in the middle of this visit. did he just crashed the party? reporter: not exactly crashing the party, brent. the primus or has a very specific agenda that has to do with germany. tomorrow, he will be in brussels having dinner with his counterparts from the other european union member states. he gets the backing of some of them. migration policy, business regulation, and so on.
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angela merkel's support for that there will be a long way on the road to doing that. the prime minister doesn't usually come during a state visit by the queen. that is have a timetable has worked out. brent: the prediction about the politics being mixed with the state visit came true today. before we let you go, i've been told to ask you, what was presented today in front of the queen, the stereo type of well manicured lawns in britain. is that true? reporter: the lawn here in front of the presidential palace was very well manicured today. it looks magnificent as the queen arrived. other than that you're asking me about the atmosphere around
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berlin. she has had a very warm welcome cheering crowds and schoolchildren waving flags. everyone pleased to see her. maybe a little bit of grumbling that goes along with the state visits. everyone pleased to hear her message of continuity tradition, and pageantry. brent: everyone we met today said they saw the queen. thank you very much. talking about royal trips, then you're here to talk about cars? ben: that's right. royal cars. not a brently -- a bently. yeah. it's a limousine rolling the royals through central berlin. but it has been in german hands.
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we met up with them and got a real chauffeur to take us for a spin. >> david is a chauffeur for bently. he is paid to drive this luxury limousine. >> we tend to find professional people and successful people. >> they pay 300,000 euros for the vehicle. it includes many bells and whistles. the royal family's bently was custom-made at the facility just south of manchester. the boss was previously the chief engineer. >> and from now until 2016, we
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are investing 800 million pounds there. this will be a new building and this will be an infrastructure. >> the volkswagen group pays its employees around 20 euros per hour in britain. that is about half the amount earned by its staff in germany. that makes producing in britain and advantage. vw has pumped more than one billion euros into modernizing the factory. every bently gets a polishing and the company's chauffeur chips and about 50 vehicles. brent: president barack obama won a major policy victory
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allowing him to fast-track trade deals with asia and europe working on creating a transpacific free trade agreement as well as an agreement with the eu. the legislation allows congress to approve or reject entire deals without amending them. to find out what traders think how important is this transpacific partnership, first of all? >> what we have seen in the past couple of months or in recent memory to put it that way china becomes more dominant in the pacific region and it is rather important for the united states to strengthen their position in the region. and that is also the reason why finally, congress appears and is
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still a long way to go before a final deal will be reached. the team around barack obama would have to find an agreement with another 11 countries part of the pacific partnership. in the end congress has to vote yes to get the deal done. brent: in one sentence, what does that mean for the transatlantic investment partnership? >> what is important is barack obama got the so-called fast-track. we can also negotiate with europeans but it might be a further stretch because just look at the european union that they have to come to a conclusion themselves or a joint agreement themselves. there is still a long road to go. brent: sports news now.
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we still like the word brently instead of bently. conflicts over natural resources pose a national risk to security. rolling global demand, unequal to tradition and conflict. the third and final day of the global media forum the topic made for some heated exchanges. >> a discussion about the fight for resources became emotional. delegates bore great responsibility. >> are you there to exploit? you want your company to negotiate. you want to give those people 0.5%. >> fairness and transparency. hence earns at the debate.
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the media has an important role to play here. >> maybe we need a kind of transparent information. >> a fitting end about a discussion of media and foreign policy in the digital age. a final word on the importance of high quality journalism. >> freedom of speech, freedom of the press, freedom to express your own opinions. that is what bush bella stance -- deutsche bella -- welle stansdsds for.
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and hollande, three french presidents who were phone kept by american spies could the latest revelations from wikileaks sparking outrage in france. a new law bruce power of french security services. british prime minister david cameron condemns unacceptable scenes in the french city is legal emigrants try to board british lorries on the way back to the u.k. french taxi drivers event their fury against
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