Skip to main content

tv   Sophie Co  RT  February 4, 2019 10:00pm-10:31pm EST

10:00 pm
rome vito's plans for a joint statement to recognize one point zero is the new president of venezuela rejection was confirmed to our t.v. biased forcings find its lee's ruling coalition meanwhile. we have something that's on the store stop truck. you are making mistakes leave your hands covered in blood and you will leave the presidency stained with blood donald trump
10:01 pm
again stresses the sending troops to venezuela to support the opposition leader is still alive option and as well as president nicolas maduro walls of deadly consequences. the pentagon claims that i still will resurface in the middle east if the u.s. leaves swapping a contrast with the president trying to assure insist that the terror group has been absolutely obliterated. and anger in sweden after security officers remove a heavily pregnant woman without a valid ticket must stop way train. for the latest on these stories you can go to our website are. coming out next a former head of the international monetary fund is the guest on sophie and co talking about the risk of a new recession in the eurozone. a
10:02 pm
curve of conflict is shaping up between a. over budget and fears of a looming recession who should be worried well to talk about this i'm joined by former interim prime minister and former head of the international monetary fund carlo could. easily. with a new. spy ring to transform europe but with. the ropes. heavyweights how will. deal with financial crises and corruption. driving force for change across the whole
10:03 pm
continent got a look at that former interim prime minister and former head of the international monetary fund welcome to the show it's really great to have you with us. thank you . international monetary fund. says it all is economic growth in twenty nineteen is going to be slower than previously expected should be worried about a collapse of the scale let's say greece. but did they go home and has a dog at for a growth all over one percent of g.d.p. the i.m.f. says a zero point six per cent of g.d.p. i think zero point six per growth of zero point six per cent of g.d.p. is much more realistic i think that the civi a growth rate of one per se and starting where we are would require a bit stronger ration of growth in the second half of two thousand and nineteen so used almost no way in which there could be such a large acceleration even in achieving
10:04 pm
a growth rate those zero point six percent in two thousand and nineteen would require an acceleration with the specter what we have seen in the last in the third quarter of last year ok but they get to the point a stat that the country's heavily in debt eight your dad gave me italy's debt right now is one point eight trillion euros how will the country manage to dig itself out of that. no it is a big issue and it definitely is if any become say. there is no growth. i mean the problem was easier to solve in the last few years when growth was about two on one and how percent if if starting in two thousand and sixteen we had kept public spending call it up in real terms without any cuts with a growth rate of one one and how percent revenues would have increased the and we would have achieved in two thousand and three in one thousand that balanced budget if growth now stalled and he actually that he's
10:05 pm
a session on things are going to be very difficult for he thought it was we need to be afraid that increasing the public debt to g.d.p. ratio the public debt to g.d.p. ratio they both more or less and be with a growth rate of zero point six will still be more or less a stable but if we get into a session then the public debt to g.d.p. ratio was to rising and that is going to create major proverbs that goes these could trigger to call for this crisis since mid december in brussels and then chile approved italy's budget after months of bickering saying graham spending plans were to extravagant now elites being forced to shave billions off its budget at least leadership say the deal doesn't betray the italian people and is good for both sides is that so or is rome just trying to save face. well the government is the leaving something there's no doubt about this it's believing in less than walt
10:06 pm
that they had promised. but walt said probably is doing the electoral it was clearly. actually impossible to to do the war spending problem says. one on the. over the next five year or. so that is an increase in spending for this year they found a temporary spending cuts and so this year the deficit does not increase very much a yet the leaving these mean. and median income to socal citizens income and leave for more of a dependency is that which with people to retire earlier but the so for this year they found some sources of financing without a major increase in the public deficit before two thousand and twenty said mr. polly meant approved any increase in v.a. t.
10:07 pm
for next year to a level of twenty five percent which would actually raised to twenty six point five percent in two thousand and twenty one but the government has already said that this is not going to happen so it's not clear wall toward the how the finance it will be found for next year if they don't found a for announcing that the deficit will rise to over three three and harper said the g.d.p. that's the big question because it did the social spending is very big on italy's government president has signed a decree that would bring in basic income for the poor decreased the retirement age and that's all great but are these measures were really needed really are these measures what in doubt italy really needs right now and how would that match ways brasil's a stereotype measures. nine if he thought he had a low public debt to g.d.p. ratio i think he could afford tickets to risk their own the spending on the spending side. particularly in
10:08 pm
a situation in which the economy is those. bodies are fine even. if the stimulus policies are fine if a god has a low public debt to g.d.p. ratio when the public debt to g.d.p. ratio is so high markets may get to nervous and the indeed they did that get nervous when the government was getting a deficit of two point four percent of g.d.p. paramus on a growth rate of one and a how percent which was an achievable the government however. scaled their spending. t.v. at the full d.c. year so the deficit in to be two per cent with a lower growth rate but there was a big risk even in achieving these targets are going to lead to geve that and the deficit these larger and especially in a call to see which the economy is now growing or is a shrinking then there could be
10:09 pm
a very serious problem i don't foresee these happening i think that hopefully this slowdown of economic activity in europe is temporary. recover but if we get into a recession it's a major problem. for the us the euro a staring measures proposed and i'm dressed cells because that's what they keep doing for the past ten years it never worked for any single economy in the e.u. why would it work oh are easily. but it doesn't seem to me the browser has been proposing austerity measures for the last few years. brussels says allowed eataly to one day in an unchanged. declining primary pros primary surpluses the balance net zero into spirit the deficit has been declining very slowly so you open says give it a lot of room for. two
10:10 pm
a lot of time for you thirty two feet of fees. if that is not does so as they said if he had kept without the newest it without any cuts in public spending if it that he had month and spend the cost in real terms for the last few years so without any couch we doubt then your state be in a situation in which he thought it was growing now we would have a balanced budget we have lost di and now we get into a situation that is very difficult to to tackle because if the economy is those down exposure any measures will be needed but the exposure in measure will may markets nervous so if you're asking me what is the solution i don't know of this bar or what the solution these unfortunate we may be in getting into a very difficult very doubtful state to measure seen a crisis like in two thousand and eleven it may be necessary that dollar help the economy to grow it at that point but there is no alternative at that point if you
10:11 pm
get the government can refinance itself. into sets up too high there is no alternative but certainly don't help the economy at that bar do the alternative where would be the worse and then you get the did you meet we may be getting the same situation where they need a solution is not easy to fight. i want to talk about the refugee crisis caused data and now suggests a declining number of refugees are coming into europe for the first time in a very long time. has deported more migrants than it has led in at least since the start of twenty nineteen do you think this is this is the new government's doing or it's a coincidence with a migrant influx slowing down anyways. no it's not the goal is that there was only the strong decline. in the last bottle of walt the previous government did there was a radiant eighty per cent of the client on d.m.
10:12 pm
for us now that it is because of his ear because this government has taken a tough stance towards the migrants nada's so this if you ask me as a citizen is i think that this is because i mean is that even a bit too much because the now the discussion is about these forty seven people. forty seven people to come in with a make obviously much of it they for us it was a different study way in every area need to there was almost two hundred thousand people coming in as if there were no borders and now the situation is on the controlled fighting now a bottle of principal now a bottle of principle about forty seven people i don't think it's very useful unfortunately and most of the it they show the most of the policy discussion in any telly in dead last few days as before was once again on these forty seven people he thought his problems. before and we have
10:13 pm
a problem with the public are cows with every problem we've growth and now everything is focused on these on the seashore even the geisha which at present is not the key issue for you that it was in the past but not that at the moment all right we're going to take a short break right now when we're back we'll continue talking to. police farmer former interim prime minister and former head of the international monetary fund discussing growing tensions between easily and vassals stay with us. this is later just. this minute i.
10:14 pm
had to narrow. down those numbers you know not. can if you could lay out all of them ok if there. was not a master plan a kill without a battle they are way past the amount of guys that are not going to be able to go back to the man that having. people people. give the nightly income on what the how do we. assume alice are. not those they need the whole corn to go far. why do men not let out on a year or so and i think just just anonymously.
10:15 pm
you know world of big part of the movie lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks.
10:16 pm
and we're back with got a local former interim prime minister and former head of the international monetary fund talking about the european future welcome back to the show now mr good idea italy and ma have been at loggerheads over hosting refugees to be rescued at sea by n.g.o.s like sea watch italy's coalition government were divided so he was adamantly against and in your rivals but then the five star movement is demaio was open to allowing some rain is a sign of a larger rift between two parties. there are clearly differences in the political views of these two parties on this issue over immigration as well as on other issues there is one element they keep them together one glue that keeps them together and it's in a way this nation a nation at least six feeling and feeling of a position towards
10:17 pm
a brussels and the european union as the the european union that we have known in the last few years that they say they don't say in this society that it should not be in the european union they say we don't want these guys i don't think so we don't want the euro as it is being this is a very important thing that keeps that these two parties together as other kind of glue is this feeling again. that. before the peter when they were in power at the same time there are clearly differences between these two parties and and the question is of that you appeared actually how strong we would be with the group that keeps them to grab it together would still be sufficient for a strong us i have myself doubts about these. we don't know it depends all depends a bit on walter mr silvino what he's saying mr sabina's had on his i don't know well the so-called which abolishes humanitarian protection status for migraines and
10:18 pm
makes it easier to share my grandchild their right to remain as already ninety eight protests march sara lee italian mayors who refused to obey the new legislation now with all the fallout the same the low is that is at least a fact of dealing with a refugee issue. as we discussed earlier as being dealt with in the says that the people that are carrying are very few i think that is the creed is tightening a bit because of the show and we. to the people who are already in and there is definitely some problems in to solve a day show does these for me be created by the again i see this small city as a body take that leash you with the meat that the consequences for the call for economic development for example and yet it is attracting a lot of
10:19 pm
a lot of what they should if you ask there are the for the service of what the population believes there was one for example this showed that the majority of the population believes that it the way you would be a mistake for example to send back of these a forty seven people to leave bia so the different views on these but definitely in my view all these issues are attracting far too much attention the main problem. is not the immigration we just stopped and it was right to stop it but these not the main issue anymore and yet these babsy even those who are already here they are declining anyway the government is saving quite a lot of money these because the number of people that are known as the that you need to envy is a center. is declining and yet that this is attractive far too much at the eighties so do you think salvini now will deport the tens of thousands
10:20 pm
who claimed their refugee status on humanitarian grounds before using those people also are going to be deported that. is going to be difficult i don't know i think if they stayed there and that has been made in the bus or went in that direction but i don't know all the whether they would be able to to believe it is not as the experience also of the united states as shown is not so easy to deport a large number of people you know the cecille ojukwu data show stat if italy were to go down remaining in the european union last in the house of all italians would support staying in. the percentage is actually lower than in the u.k. which is actually leaving and the two major parties that form the current government are skeptics can we expect that italy will also leave inspired by united kingdom or will italy drop the idea learning from the brics it mess. you know there
10:21 pm
was a there was a survey a few months ago showing that only forty five percent of people wanted to stay in the european union this is how this survey was a part of their parts however didn't all say that only twenty three per cent wanted to leave so there was simply a very large number of people who had no i don't know so the question now or do you know have you had firm view i think that if they were. and the other surprising thing of that of the survey is that the majority of people actually wanted to continue to use the euro which is sought out in closed system where the fog the majority the no one to the way can say the majority who want to stay only forty four percent want them to stay it will stay there and a few months only because those who want the twenty was only twenty thirty percent i believe that the majority of people definitely in the thirty want to stay in the
10:22 pm
euro zone and that you will be your question is whether they want to do the things that will be necessary for example in terms of public accounts to they whether whether whether they want to do the things that will be that we stay in the you are the program where are your truth is not the water is happening to us through europe but the difficulty that the that he saw ferdie in the first ten years soft and into that you are and now we are sort of catching up about the fire away from where we should be so drink his recent visit to war so sad that a european spring is coming to an end and it's going to the german french axis and hero and that italy and poland are expected to be the vanguard of this change that's noble but german french ties in europe aren't based totally on german and french desires but rather on the strengths of their economies can easily in poland when we pulled our weight compared to the powerhouses of europe. you see as the. we
10:23 pm
defeat why they figured that the ball and then even. smaller countries can to make a major difference in terms of moving you open or so. they can where very bead movement that for example. and money would like to have in another direction so i see this kind of coalition as something that can stop change rather than promoting change it into the action for example disadvantaged would like to get all of this however the spam used on a big question mark how well the nationalities the movements that we do in the european into indo-european actions honestly from water you read in the newspapers in the service he seems to me that is difficult to it is difficult to believe that there would be a you a pm parliament donated by the nationalistic forces but they can and they can
10:24 pm
strengthen themselves quite off with respect to the past and in this way they can prevent the kind of change of france and germany would like to have the feel that the same to meant that boss about the current leaders in poland austria-hungary i mean this year a skeptic wave will it really be enough like saudi any cess to change gear up is everyone in here are dreaming about a government like italy's or pollens. no i think that is good as is the these guys and of movements and these. are european forces or nationalistic forces i think they can stop the changer but i don't think they came from the meant that he changes the nature of the european union as they do extremely well in the european there in the european elections one thing however that ortiz happening. ease a two or three speed you open so it's possible that one point for germany if you
10:25 pm
are that gun trees decide to move ahead. with. they came together eight thirty for example and they bring to it to a different level they kind of integration that's that's possible saw paula will not prevail change by will not be part of the change that's another scenario mr selby me and mr dimaio have been dragging french officials into a war of words invoking cream here of colonial past do you think it might end weak position at home undermined by the yellow vests protests could plain to sell beanies hands. those vini and the mio they. mark on this week this would be their strength so it's these other docs from france i don't think. used to also because they lost one of
10:26 pm
the most recent one about these. and in the end they're all of the c.f.a. francona. was not on this to buy italian people first of all and did not have the substantive base it i think it was just i think if i start moving perhaps they don't even understand what the war sure that was it was in may you a blonde i'm used to to a doc france on this he said he first saw you when. venial demaio days see france in trouble because all. she does your own death can actually help in a new way this has already had a solid vini and the raw you because a. brussels aat that you would be outed to the tickle me shown towards the
10:27 pm
when there was a dish of discussing a deficit for next year for the sierra next year that she was already there because a war was happening in france and because of the fact that because of the decision . because of my cause this sea shown to raise the deficit the spending to spend more and raise the debt. in two thousand and nineteen so we already see some consequences of the trouble that mccauley saving these old country so like you said sell meenie hailed the yellow vast anti-government movement in france a success and saying that there's was actually no that was actually that was actually more of the five star movement heard so many actually sad. that france doesn't deserve a president who is again so. he says she supports the people and he doesn't like because she said against his nation so. the question ease with the budgetary
10:28 pm
defeat in italy does risk running into its own yellow vests problem. but. the yellowjackets they're here to show that you know way that way they empower anita so i don't think they are going to be any demonstration a need that from that point there we go the ice so i met he said these high level represent that the all of the woman is then they told me if it were all to for us we would have people in the streets or we would have the relation only in this state in italy and i said my answer was where the our involvement so we have the issue that your government school doesn't make much of a difference right it's. all right well thank you very much for this interview and for an insight of whatever is going on in your beautiful country good luck with everything we're talking to you look at that elite elise former interim prime minister and former head of the international monetary fund discussing fears of yet
10:29 pm
and neither here is in crisis and troubled relations with the e.u. that's it for this edition of stuff and call see you next time. whom see the google groups. and good jews who moved. much of those who couldn't supply you. with who.
10:30 pm
really. who should use look beautiful. i mean it's going to look for a good. more muslim also in the gulf a good few films for good girls. to go to shuls a look look you're the same you believe historically absolutely should go. to start ups to organise some to get to needed so it was the little one wished they'd say look it is it's. just us then understand statistics it's their mashed old church clock struck the president and the speech from this morning students. says we have petitions to toast listening to snippets on little knew it because that was the cousin with you swear your supporters to your shoes through shoes shouldn't for you.

33 Views

info Stream Only

Uploaded by TV Archive on