and artificial busts than others because we don't have an after them currency area and that's exactly what happened also it created a competitiveness problem for the south because wages went up and so on but they couldn't devalue any more and that's the root cause of the problem and we're trying to mistakenly correct that and rectify that by. by saving by public by by cutting down public deficit which will not work in this situation and at the same time we're saving on the one hand on the other hand we're having a hugely expansionary monetary policy that so we are stepping on the gas pedal was one foot and on the brake was the other and that's the frightening and so one would have to ask. who benefits from that kind of policy and they said that it could in deficits wouldn't work perhaps would getting rid of the euro getting rid of the euro would be very painful it would work in the long run because we had a perfect system before the european monetary system which was just the right mix

of flexibility and stability it was a stable system but did just that if things went out of hand so that was a good system going back there theoretically would be great in practicality it would not be great because it would be extremely painful but. what i envision is that some p. some countries leave the euro like greece and maybe later spain and portugal italy not so a flexible union countries that are not ready to stay in should leave and that's not the end of the eurozone quite to the contrary it would strengthen the euro zone but the european political elite. it's basically upholding a dogma if greece fails meaning greece leaves the euro greece has failed horribly greece is basically a failed state but they say of greece fails the euro will fail and europe will fail all of this by itself is wrong and in this connection is also wrong so we have to

ask again who benefits from that state of affairs is there a chance though that we could see a champions league monetary union created with the likes of germany austria the netherlands and other countries with underneath that a second tier of monetary union there are some proposals out there to really split the euro into a novena europe the southern europe southern euro or. there are some proposals out there to really split the euro zone into another and so on in the southernmost zone but that's not really working that will not work for political reasons you cannot split france and germany then france will be really let's say insulted that's just not politically feasible if you do that then you might as well get rid of the euro completely so france would have to stay in the champions league and so that by definition would be very difficult in that sense. and also who's going to lead the subs and so on who's going to be the point around which they will rally so the

mind boggling the problems around negotiation team such an arrangement getting countries on board so they're much more flexible and also i think sufficient approach at this time is to have individual countries opt out if they just cannot comply was current policies and of course greece should leave rather today. and not tomorrow because it's really clear the policies are not working we're really having the austerity program which puts the country deeper into difficulty as the g.d.p. is shrinking people are suffering the only people who are saving is the financial elite is the oligarchy that has been ruling greece for about two centuries because we save the banks so we save the banks and the creditors at the cost of the people and that's not right so you saying that it would be better for greece to leave the euro take extreme hardship for say a generation and then benefit in the long term it would be extreme hardship but we

do have extreme hardship right now also i'm not sure how much more extreme it can get and would not be a generation i would in my in my projection would be about five years three to five years and of course if they leave the euro zone. the european countries should stay solidary they should give. measured aid they should give support project the. should supports a bang so we're it's not the end of european solidarity but it would just be a healthy arrangement now looking at some of your work you seem to suggest that there's a problem with the german mentality when it comes to taking things forward economically . yes i mean some of the factors in europe are still the same france is pretty much behaving like it behaved one hundred fifty years ago england is behaving that way. russia will see but one country that has really changed and they mean there is this guilt complex we can say it openly still from world war two and we believe if we

just give up sovereignty and german interests we will have europe but that is a little the jumpers a little softer so to say i mean less germany doesn't mean more europe. if germany has viking ships it should use them to create a stronger europe but i doubt that we do it by creating fear by supporting an unsustainable arrangement was the euro as it is by doing a fiscal pact which is basically strangulating european economy so in that sense germany should indeed assert european interests i would say more strongly that interest you what are these bargaining chips the bargaining chips are not many anymore and we gave one way again which is the yes and which is i mean still european increase in the capital of the years still requires. a scent of parliament

and so on but parliament really is lame parliament a sense because the major parties in coalition government and outside always agree to stock up the capital so there's an encroachment upon sovereign budgetary rights and the parliament is not defending those but basically that's the last bargaining chip our sovereign budgetary rights i just clarify there by e.s.m. you mean the european stability mechanism not say a pox whereby all the countries put money in and it's given out to those countries that need it most will not work in your opinion yes that years and missed the big part european money will be distributed somewhat like the. i.m.f. and it should the money should flow to countries and problems. under certain conditions at this point how it's constructed we give ever more money to that result saving solving their problems. and the money is just flowing and basically exacerbating a prolonged prolonged the current unsustainable situation now german chancellor

angela merkel's always been a big supporter of the eurozone saying it must stick together is there a chance that german fiscal decisions are being made based on political decisions because looking ahead to the elections will be taking place here next year well marked with the case is very much listening to the other countries at some point in december two thousand and three and sarkozy is said after the consummate response to leave it can leave we're prepared but there was a shard shot blink of truth but the dark mine is europe has to stay together and it's basically a dogma based on wrong premises to blackmail germany to blackmail the novena countries for the benefit of large financial institutions for the benefit of what i call financial oligarchy for the benefit also of course of the southern countries and the elites in the countries but wouldn't

a greek exit from the eurozone be devastating for germany economically germany would be heavily affected if it left the eurozone that's why almost nobody is for it in germany it would be extremely costly once again but so far in history every monetary union at some point has come to an end if there was no political union so this union will come to an end but it will be way in the future so the pain is not big enough so you suggesting that a political union could be what's needed to save the monetary union. i'm a firm believer in the fact that germany should play its strength more actively should have a more active stance in the negotiations but also as most germans are really dream of a united states of europe but then we have to start with a parliament that its worth as its name a government that is elected by the parliament not a commission we have to start putting together the true parts of high politics like

defense security those things have to be integrated and we can of principle of subsidiarity for economic policy so right now we're building a technocratic euro for the benefit of certainly leads for the benefit of the political elite for the benefit of the financial elite which is not really a citizen to europe so you're suggesting that germany should lead the way in convincing countries that would be in this united states of europe to essentially give a sovereign rights germany cannot lead by itself this german french tunde has to work it's a difficult time them and i'm not sure we can really make it work but even sarkozy and merkel have learnt to work together but martin has been to yield ng so i'm not sure how the french of in tandem will work once germany becomes a bit more assertive. points to basic things that have to be done but without french german cooperation on this it will not happen just one last question in the

past you've predicted doom and gloom for the eurozone how to predict its future right now right now i'm predicting that this unsustainable and to some extent pretty bad sort of just going to continue nobody has the power in the world to really solve it. but everybody is of course. let it disintegrate so i predict more bickering more economic hardship more muddling through for at least another two years because the e.c.b. is printing money like crazy so we're going to sustain an unsustainable state of affairs for another two or three years you make it sound like a failing marriage it's certainly a quiet failing marriage were partners have not given up on each other yet. looking to the future their doctor ought a pleasure to speak to you thank you very much michael it's a. gold

fever. turned into slaves. but also among brother involved and since i started working in the mine i stayed here and look at it. all to nationals. make it a cash cow to be milked dry and if i think that in this country gold medal logie as an environmental cost which is unacceptable nothing is mislabeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups what price is colombia going to pay.

the modest effect on r.t. . welcome to the future of science technology innovation all the latest developments from around russia we've got the future covered. for a decade up north of course terrorist attack. ex hostages blood listen to their lives and after the tragedy. still gives try to cross out the past. because their future. be written. surviving terrorism ten years on our team.

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brighten if you need to move from phones to christians. muslims start on t.v. dot com. to tell stories or not see the lebanese opposition calls from all ronnie's in a country already engulfed by law and proud. it's all up to friday's deadly car blast aren't result of the syrian crisis to love. or sound to chaos while more civilians including children killed in the bay as government links militia charlottetown traditionally loyal to the old regime again after moammar gadhafi was killed. protesters scope with police as it turns of thousands march against austerity in london the clutches i code runs in athens as greece suffered a nationwide strike souring the mood of an e.u. crisis summit in brussels. and

a new york times to breach the blockade of gaza has thwarted israeli forces stop a humanitarian ship under arrest of thirty activists on hold. his false news coming up next with a tree. hello there nice to have you company you're watching the sport here on r.t. and these are the headlines leading the way angie gravel a two one win against a ten man start to go five points clear at the top of the russian primarily class never say die of a god come from behind twice to be in the can deny my grab another win and top spot in the table and up for the cup top seed sam studies the lines of a final showdown against caroline wozniacki both win in three sets here in moscow. the start over the carry jail because sunday's action has got underway with

a more desperate to improve their fall they've only nineteen points from nineteen games under drawing one one that gets nothing to make at the moment in this eastern conference clash this game still in the first period later trackball look to keep hold of top spot when they take on sparta should they slip ups appear to go level on points with them with victory over. taken celeron in the other game. meanwhile haven't got have moved to within three points of the top of the eastern conference a late comeback giving them a three two shootout victory over service on saturday. keeping up the pressure then. took on the top two teams of these three two shootout win service style took the lead three of kenny care of in the middle of the first period even though under even our find an equaliser service style to lead again in the final period. of getting what looks to be the winner with all hope of the one i haven't got come back seemingly over after matthew cooper in the sim bin with less than two minutes

left but his side never gave up keeper edward but each week was taken off for an extra attack of the gamble paid off and on but of scoring with just four seconds left. to send the game into overtime when that finish goal is constant and scored the winner in a shootout and great game and i three points off the top in the east. but it is didn't have the best record in the k.h. at the moment alexander ovechkin scoring for them in their four one win over acland that victory putting dinar on top of the overall standings and on top of the west with thirty nine points from eighteen matches. meanwhile in football and five points clear at the top of the russian premier league this morning a sparse i own goal in stoppage time handing the sittings man a two one victory before kickoff fans did remember the victims of the stamp a that killed sixty six spectators during. the harlem luzhniki arena

thirty years ago but when the match to get underway brazilian strike of ballots and was denied by the woodwork before setting up midfield. of the spotlight ten minutes before half time but a yellow card either side of the interval q. combat of left the visitors with ten men and the seeming to equalize midway through the second half but with a true looking imminent and injury time free kick resulted in ensure all the heading into is a net to ensure ranji one two one remain in six league games while spot. their second straight defeats. elsewhere double defending champions any went with a one no win at home to could ban alexander could you call getting a penalty there on the strength of halftime to claim his seventh goal of the campaign in the press but more in the second half but fifty million dollar man hopes powerful free kick from long range was just wide while fellow record sammy x.v.i. still did manage to hit the bar as any level of points in second place. can

present two places and nine thought to go in the last eighteen minutes take the home side it's a new victory and yet. seen noting in the first half the ball rebounded off the post and nick lowe during church blasted home following a corner to ensure the home side to all three points that i learn you remain two points clear of the drops. now on sunday to go within two points of angie if they beat rubin in fourth place terek. second bottom mordovia struggling to number and lock my teeth go to the bottom ross stop. well in england on saturday said to. the late brace is ten man managed a city snatched a two one win at west brom wayne rooney netted an own goal then also struck twice as manchester united four to knowledge stunned arsenal one nil for their first win of the season but he sterling's maiden little goal against reading the reds their

first home win for them grabbed a late victory over aston villa swanzy held off we're going to see one there west town thrash southampton four one and chelsea stay on at the top after what matters second half double helped them win a thrilling london darby forty. you . always feel a lot of confidence and momentum which we knew we had to ride out a little bit better than you know the first time to see me. perform though to think for the rest of to be very much about the if we wanted to impose some women should do so who are the majority of the good and on sunday some of them take on newcastle in what will be a feisty northeast darby while q.p.r. host everton in the. noun tennis topsy time studies of faces former world number one car i'm wozniacki in sunday's screaming cup final both needed three set victories in the semi's under straight. to battle hard against another former

number one and her advantage this is a trick the first sec whitey's least sixty stows are far more power and accuracy in the second taking that seat. three before claiming the next six two for the match finishing things off with a blistering back and. she was only playing quite well and. getting the first good shot at the rally which seemed put me straight into the defense and i knew that i had to try and turn that around so. i think i started serving a lot better i could at least start the point well and then on the return to step up and do that in pretty much just kind of reverse i was getting the first good shot and i wouldn't play offensively and improve my movement in which i would do that for the rest the match that set up a final with denmark's was the ascii who duly had beaten syfy of it's in the sweden but she too had to fight for it coming through in three sets to reach her third final of the season. i think i really. was

fighting out there and you know it's tough on the surface to finish off the point on especially you know against a player that we both know that you know each other so well and know each other's game so well so i'm just very happy that i'm through to the finals and you know that i have one more match to go and. the men's final will be between the two seed and they set the from a so they and brazil's thomas believed she won their semifinals in a different fashion set a brazen past sneezes magsaysay in straight sets bubba late she needed nearly two and a half hours to get the better of event culloty. moving on to motor sport and. renzo will start on pole today for the malaysian grand prix with the chance of wrapping up the world title the yamaha rider h.l.a. spaniard danny could rise in qualifying please and that it will be also will complete the front row ahead of going champion casey stoner the renzo is twenty

eight points clear at the top of the standings with three races left which means the twenty ten winner could secure his second title at the supplying circuit but the twenty five year old does need to weigh in i'm reliant patro to finishing at the top twelve. a mile russian the old caveat has an outside chance of being crowned the formula to champion he goes into sunday's final race of the season fourteen points behind rival stoffel van doren from belgium from barcelona with more is constantine but top off. for the whole season rushes the new and should offer the one born to have been in the league of their own as these have won eleven out of the twelve races so for eighteen year old women this season was the most victorious seven but despite one borne morning just four he has been more consistent finishing on the podium ten times in twelve. and headed into the point of a weekend at the catalonia circuit with an eleven point. one set of these race the

belgian started from second sport well we had was the from portuguese however the russian produced in the lead to extort overtaking two opponents to get close to his title rival but they didn't slow the red bull junior team driver though as a safety car period on the track and as a result the twenty five were brace was sure. to just well in columbus or screw to hold who started from pole coolidge his first victory of the season leaving bondurant to it without them to second in a battle behind him well it was a very short race a long safety car period in the beginning. but yet for me it didn't play as so much because i was anyway in front of daniel increased his lead to fourteen points ahead of the decisive race however a vet says it's not the end of the battle and the crucial day will be on sunday some point today but not for sale for the nothing everything you can still happening tomorrow. looks like

a rain forecast and i just need to go in there is no pressure. despite the fact that god failed to cut the point deficit in the first race with twenty five still up for grabs at her medication olesen store on sunday with a way to not only being crowned champion but also bucketing half a million euros and a chance for the big time on sunday by the r.t.e. barcelona spain exciting stuff. neutrino fashionable heights inside. radioactive fallout all government betrayal of the government. everything lauded and lauded

and claude how can the truth be revealed if there's no official evidence there was indeed a very bright day to the service make a search who will given no problem. and to the people of this country generally because of radio like the fall. of the secrets of the u.k.'s nuclear tests exclaims. download the official application to choose your language stream quality and enjoy your favorites such t.v. is not required to watch on t.v. all you need is your mobile device to watch our scene any time.

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