it's so good to have you with us here in time for your headlines now and syria's first steps to democratic reform a ridiculed by the u.s. that's washington stops just shy of labeling assad a war criminal allegedly pumping weapons into the war torn state. raging against austerity synchronized protests around the e.u. demonstrators in. greece and the czech republic all rally against the government's policies. over the murder of prominent russian journalist.

says the killing mayor of. london by a fugitive russian businessman and a suspected terrorist. and as greece struggles to comply with creditors demands another indebted e.u. member spain is trying hard to avoid the same scenario and next we'll talk to a spanish economist on what's ahead for the euro zone's fourth largest economy this is art. spain has a new conservative government that fergal thirty measures the spokes we need protests and with the country now suffering cripplingly high unemployment especially among the many people are all thinking whether the country often described as to big to fail already have we're joined now by economist manuel thank you very much for joining us can you tell us how much of what the country is

experiencing right now is due to being a member of the year is that the situation that spain is experiencing it's clearly a consequence of spain joining the euro you see the we joined the euro. we were. subject to the european central bank the european central bank has settled interest rates are calling to the needs of the core europe which is or germany austria the france netherlands on its right to the right to do that and those interest rates were very low for spain they were adequate for most countries part very low for spain so what happened these that we received an enormous amount of credit reach priest spanish debt this particular. piece of foreign called the forty forty. so what happened is that these cheap money

has created bubbles like the real estate bubble and when the crisis started the real estate bubble. fell down and of course companies started going back dropped public administration started not receiving income they were accustomed to and the whole the whole economy blew up we think many government come in but the protests have continued what do you think spain's future now holds the government is doing what. you are peace telling them to do cut public spending and make some structural reforms like labor reforms which is it's ok. but that's not going to solve the problem because the problem is the euro and that's not going to solve the problem and so everybody in spain of the world with these expecting. the great expectations that the new government is going to

arrange with the problem and i expect that maybe we have six nine months of good will in. after six of my mom's. if the country continues to deteriorate as i expect the economy to deteriorate people are going to be very very moved the moon deceived when they when they see that that with the reality doesn't match their expectations with these governments do you think spain's future lies now within the year certainly not. certainly not now not in or nor spain nor portugal nor greece nor italy whom the the so-called peace i don't know about an island i don't know very much but certainly not spain of course in theory you could have a uterus wrong with the core countries with germany the netherlands. austria

maybe to a france. but i am i my feeling is that if the peripheral countries abandon the euro i don't think the although four or five or six countries will feel very happy remaining alone where you've written about things exit from the area saying do you think that is a realistic option is a political problems the that and it's also is. a credit. debt problem you see. spain has as we said before about. one thousand nine hundred billion in foreign debt about half of that is held by germany and france maybe banks and funds and investors so you could see france and germany they don't want spain to

default because of course leaving the euro is seen only most of defaulting i mean because if you leave the euro the fording that you have to you can repeat so if spain leaves the euro spain has to default and that we heard german and french banks and they don't want that so the the situation is very easy to understand it's like if i am a bank or you or me money you can pay well i want you to do whatever you can to pay me and i don't want it will stop eating take your your children out of school do whatever but pay me back i think you have. dozens of examples of even recent history in the last twenty years it has been thirteen countries many more maybe of these thirteen that have devalued because they had. problems with competing and overvalued currencies and the the result was. one

in some cases better than others but it's always the other end successful of course it's not that devaluing east's the cure of all ease you have to devalue and you have to do all the things all the reforms certainly. just devaluing is not enough but you can do nothing if you don't devalue scene but the people in greece and in spain being part of the year if their remains very much a source of pride doesn't it you're right you're right you see for reasons spain well the euro east associated with europe and of course politicians have conveyed this message they say because food because if you leave the euro you will be chased from the your european union which is forced i am of course the treaties the they don't they don't. consider the possibility of leaving the euro which is quite

mad that it will cause it but i am absolutely certain that if if if if spain leaves the euro nobody's going to chase spain out of the european union but anyway for the for the people. who are not very much aware of economics and nobody's aware that the crisis already jean is the euro in spain nobody's aware of that maybe some economists are aware but the majority of course the message that. it's been conveyed by the banks by the. media and by politicians is that the problem is the overspending of administrations which is right i mean the asian overspending that's a problem but the thought the origin of the problem the origin of the problem is the euro and the lack of competitiveness that there you know has brought to spain therefore the recession and of course the recession always please repeat. a deficit

in the public on the street but the deficit in the public administration is a consequence of the spanish economy not being competitive do you think there are fears that what's happening at the moment think greece is going to be repeated in staying exactly the same i think it's we. or about two years behind greece him terms of protest but you see the policy which the troika. and the international monetary fund european central bank and european union are imposing on but if for countries greece italy spain portugal it's economics one o one is very simple to understand that i mean if these countries are. with problems and you force the to cut public spending well you. push them deep into recession and even to your pretended objective which is to

reduce public deficit where you don't reach that goal because the. income of the of the public administration is reduced because the whole country got goes into a big recession we have seen that in greece how every year the economy goes worse and we are seeing now that in spain and we experiment that in spain more and more thank you very much for joining us. we all make choices. sometimes it's tough. but it can be an easy call.

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your media projects and free media oh god r.t. dot com. the headlines on r.t. syria's first step to democratic reform a ridiculed by the u.s. as washington stops just shy of labeling labeling a president assad a war criminal allegedly pumping weapons into the war torn state. raging against austerity synchronized protests rattled the e.u. demonstrators in france spain greece and the czech republic all rallying against the government's hack and slash policy. a man charged over the murder of prominent russian journalist anna politkovskaya says the killing may have been orchestrated in london by a fugitive russian businessman and

a suspected chechen terrorists. are those are the main headlines and time now for the sports with dmitri. hello there sport an arctic good company again and this is coming up in the program . the road seeing a crane empire and russia begin the euro time to twelve perforations with a trip to copenhagen to take on denmark. stepping up on the twenty one coach to take charge both england's sin a side for the first time following the resignation of capello their play the netherlands at wembley. and skein of the ring floyd mayweather jr and miguel quarter promote their may their faith. contain is about so-called simplified

between pretty bored and made it pretty. but first rush have held their final training session ahead of their denmark later on wednesday it may just be a friend a particular karts men are taking the encounter very seriously with the european championships starting in exactly one hundred days our correspondent richard important reports from copenhagen the euros may be just over three months away but that time will pass very quickly for the celtic arts has just pretty friendly matches to prepare for those championships and has to pick his squad of twenty three which will go to poland and ukraine russia's head coach may have already decided on the majority of his squad but is taking the game very seriously even before go before we start to. we don't know some of the chances to play. we had together the group the group is improving and playing better and better as you can see them training this is also in the last couple games of of of the group slow for

pulse of a world with so few games left before euro two thousand and twelve advocate has very little time to tinker with his squad i'm a dutchman admits that wednesday's game will not be the time for experimentation and he will stick with those players who booked russia's passage to the finals however russia's boss is pleased with some of the side's key players have returned to russia recently after not have the most successful of careers a broad of under a shove in being the latest to return home i think it's good for us if we weren't good for the national team as well because he needs more practice and the need more games hopefully at the possible to do tomorrow and also. for the vast majority of squads the game of denmark will be just a second competitive match of the new season as russia is just coming out of its winter break. well for the likes of roman publishing co who missed training for illness cure the should call for a bloody mikko bull of theirs like me just tossing gold with beatrice love my fear

of an evil act in fear both missing this will be the first competitive encounter of a new season as beck loves the most involved in european club competitions however dean dean of the play is a raring to go but it was good to meet up as a squad again after a break of over three months since the last fixture. this is the final friendly before we begin preparing for the euros and this is also a great tune up for the league season which restarts in a week's time this should be a good game as we're playing another euro two thousand and twelve participant at their stadiums boards come on you know it goes on i want to convince denmark unlikely to present russia with a tough test and danes of course also qualifying for european championships is likely to be an even encounter and even though of the carter said he'll play strongest eleven expect the dutchman to make wholesale changes in the second half as he takes a look at some of the players who are looking to make his final score bureaus might

seem a long way away at the moment but in reality it is not much time for the consequence of his side of those finals game with denmark might only be a friendly but is going to be a key opportunity especially for some of the fringe players to impress the dutchman and want to take it on the plane to those finals in poland and ukraine. copenhagen . meanwhile england's caretaker manager pays takes charge of this side as they visit wembley england's first game since fabio capello resigned earlier this month steps up from the under twenty one squad where he had been the manager for more than five years football association says it's had no contact with any candidates for the job on a full time basis pay says it happily take on the role for euro twenty. and has a very changed planes put in place by capello for england's preparations ahead of the tournament plus priest has named scott parker as the new england captain.

in the meantime euro twenty twelve has power and are set to go ahead with portugal the game is due to take place at a near the build stadiums in the capital parts the home crowd will not be able to enjoy all because of and also scale strike sidelined with an injury the visitors in there will have to play without the last several or portugal. expects a tough encounter there despite all injury problems. before predicts only the strength of the polish team is that they are playing on their home sure sure this is a great loss also they have good technical first ones i would mention little. fish but of course you'll have sufficiently strong players as well so that we won't have to warry. bremen germany will be hosting france among the rest of wednesday's friendly fixture goalkeeper hugo lloris has been named captain for the

match or of france have coached confirmed that they go it would cater for the euro cup as well as for the upcoming game a lot of their power names will be the favorites there. mysie we could have found some money between france and germany the matches have always been about a lot of christine and although it is a friendly game expect them to try to feature too much and i think realistically the german team is more stable and who's got more quality as the french but sometimes in football the unexpected can happen in the week you can't win. it's time for the playoffs in the kontinental hockey league where the western conference quarterfinals are about to start regular season run example scar take on say scar in st petersburg another moscow side dinara start their best of seven series against means from belarus in the russian capital eight seats had taken their playoff campaign in the nation of good against it in our moscow region are up

against sevastopol. now it may not be the contest that the world of boxing is desperate to say participation is growing as floyd mayweather jr prepares to put his on boats and record on the line against me in may the pair will trade blows at the m.g.m. grand in las vegas on the faith of may with w.b. a super welterweight crown on the line but i take press conference to promote the fight over the talk was on a possible buyout between mayweather and many parkour negotiations continue to stumble with bitter boy insisting the filipino is refusing to accept drugs tests back man says i simply want a fifty fiftieth's split of the prize it seems that negotiations have a long way to go. like i said before. if you really want to fight floyd mayweather mediocre it will be right here today face employment world. shut off.

if you do want to you don't want it so it's obvious he didn't want it so we move on to the next british boxer general has been given an indefinite ban by the world boxing council for his behavior before and after his fight with the trial over his slaps the kremlin at the way in for their bout brawl with compared to a devotee in a post fight press conference the w.b.c. said it was one of the worst the heaviest ever by a professional and demanded the twenty eight year old undergo anger management treatment before they consider lifting the suspension. and finally let's touch upon the story of russia's most successful figure skating deal of recent time to turn i will and mark seem turned cough who clinched european gold medals earlier this year now reports. the twenty ten most kugler crystallise was the first

competition to ten or so darren maxime turn call performed together and any doubts about whether this newly formed couple had a future soon faded away within just fifteen months well as our interim call took first of the european and second of the world championships but neither skater is happy to fall back on those achievements for good they say success of the next winter olympics is their main goal in life for us to win in solitude is more than just a goal for us it's a dream and i'm sure that for any athlete winning their home countries olympic games means as much as any sporting achievement could but russia wouldn't have had such high medal expectations in the pairs competitions if the two skaters hadn't agreed to partner up and twenty ten before their father says i was before an astonished love morozov for ukraine walcheren call had mary emma who worked as a partner but they were continually fallen short of expectations and both athletes

knew they had to look elsewhere for their business and i had an offer from a french skater i could have also moved to canada to compete for them but when i heard that maxim was looking for a new partner i wasted no time agreeing to such an opportunity in order to compete together a lesser had to obtain russian citizenship and move from kiev to moscow welton court also had to leave some petersburg where he had lived for eleven years the pair found a new head coach nina mortar who used to work with junior athletes but the change didn't affect their lifestyles too much wherever they are the vast majority of their time is still spent in training. i never knew a job that was pre me so much pleasure could become so enjoyable i'm really happy to work hand in hand with tatiana and max and to watch them training on the ice and i'm sure any of a coach would feel the same with them. everything else is our intern paul do. as a single aim to win competitions and while the crowds at exhibitions various ais

galindo was was the last them on them and the reigning european champions to the breasts of spectators once again a glorious artsy. culture is that so much going on there is a huge musician and my task was to write to protect the rights to penetrate as syria continues down the path of destruction and civil war there are allowed voices on the international stage.

that's.