me and socialism for the tiny tiny few right well as we've have yanis varoufakis on the show and we asked them point blank i know i did who will be the next to get the treatment that greece got from the troika the i.m.f. the e.c.b. the e.u. they gang up they destroy a country for profit it's a it's a smash and grab and the greece was destroyed they had a referendum and then they didn't pay any attention to the referendum they didn't want the troika road and look what happened in greece it turned it into a pit it turned into a shell it turned into garbage and now the same bankers are getting together because they need like a shark always something to destroy to eat and consume so we were trying to figure out would italy be next or spain i think are the two likely candidates so i guess as we've been saying now for five years that this was coming and i guess down italy will be the next meal for the i.m.f. well spain wasn't an option really if you look at the charts we're going to come into is that they never abided by the master treaty of under three percent of g.d.p. deficit italy has done

again it's drying up that's according to former greek finance minister yanis varoufakis european officials have been praising the country's latest growth figures as a success story and how to manage data and restructure an economy but as the european central bank meets this week to discuss tightening fiscal policy a look at the blocs debt levels reveals the historic highs that remain eight is on since the debt crisis the euro area is third largest economy italy is sitting on a mountain of debt at one hundred thirty three percent of gross domestic product europe's most famous debtor greece still carries around a burden of well over one hundred seventy percent of g.d.p. the eurozone average is around eighty seven percent of output italy's case is the latest to shake the block with investors fearing another financial crisis worried about whether the eurozone can weather yet another storm my colleague get how to put it to yanis varoufakis that he was ready to let the common currency area collapse back in two thousand and fifteen. look i am a committed you to be honest my every speech i gave wa

catch the full interview with yanis varoufakis on d.w.dot com well while greece decided to stay briggs it is still looming but the investor sentiment isn't as dire as survey by consultancy finance and young shows trust in the u.k. remains high it's still the number one destination for foreign direct investment europe last year's or a six percent hike in investment projects they're creating around fifty thousand new jobs the main reason increased involvement by u.s. companies on the heels of the u.k. is germany which has also seen investment projects climbed by six percent. of its eleven now thank you very much at least thirty four people have been killed and dozens more wounded in attacks across afghanistan health officials there say at least thirteen of those were killed by a suicide bomber alcide in ministry building in the capital kabul women and children were reported among the dead surge in violence comes a day before unilateral government ceasefire with the taleban is due to begin. and i'm going to says former president hamid karzai

catch the full interview with yanis varoufakis on d.w. dot com while greece decided to study breaks it is still looming at the investor sentiment isn't as dire so. young shows trust in the u.k. remains high it's still the number one destination for foreign direct investment in europe last years or six percent hike in a basement projects they're creating around fifty thousand new jobs the main reason increased involvement by complaints companies out of the hills of the u.k. is germany which has also seen investment projects climbed by six percent. spain's economy is growing consumption is up unemployment falling and just as a whole is pro-business government starts to see the fruits of its labor shows over the socialists are now back at the helm but that's not facing some spanish entrepreneurs. jahvid marquez is and electrical heating supply amp and a hardened entrepreneur he's not fazed by the turbulence of breck's it nor does the change of government in madrid to worry him he hopes the new one will press ahead with labor market reforms.

and socialism for the tiny tiny few right well as we've have yanis varoufakis on the show and we asked them point blank i know i did who will be the next to get the treatment that greece got from the troika the i.m.f. the e.c.b. the e.u. they gang up they destroy a country for profit it's a it's a smash and grab and the greece was destroyed they had a referendum and then they didn't pay any attention to the referendum they didn't want the troika road and look what happened in greece it turned it into a pit it turned into a shell it turned into garbage and now the same bankers are getting together because they need like a shark always something to destroy to eat and consume so we were trying to figure out would italy be next or spain i think are the two likely candidates so i guess as we've been saying that for five years that this was coming and i guess now italy will be the next meal for the i.m.f. well spain wasn't an option really if you look at the charts we're going to come into is that they never abided by the master treaty of under three percent of g.d.p. deficit italy has done

about it's kind of this is a story it's almost like deja vu it reminds me of greece and in fact yanis varoufakis says you know inserted his name into this whole story and that is whether it's going to be it to leave or quit to li because italy is looking mightily. well it looks like the technocrats don't like democracy remember this happened with greece as well the greek people said they didn't want any more austerity they didn't want their lives to be decimated they would didn't want to be forced out of their country to flee to the united kingdom and other places due to austerity and all sorts of e.c.b. policies upon their you know european community policies upon their country well the same thing is that now happened in italy where the five star movement in the northern league formed a government and then the president of italy who is constitutionally allowed to do so basically said no because your finance minister is anti euro and wrote a piece he had written a piece about basically that the euro was a disaster for italy and we're going to suggest perhaps it really was yanis varoufakis there

about it's kind of this is a story it's almost like deja vu reminds me of greece and in fact yanis varoufakis says you know inserted his name into this whole story and that is whether it's going to be it to leave or quit early because italy is looking mightily. well it looks like the technocrats don't like democracy remember this happened with greece as well the greek people said they didn't want any more austerity they didn't want their lives to be decimated they would didn't want to be forced out of their country to flee to the united kingdom and other places due to austerity and all sorts of e.c.b. policies upon their you know european community policies upon their country well the same thing is that now happened in italy where the five star movement in the northern league formed a government and then the president of italy who is constitutionally allowed to do so basically said no because you're a finance minister is anti euro and wrote a piece he had written a piece about basically that the euro was a disaster for italy and we're going to suggest perhaps it really was yanis varoufakis th

about it's kind of this is a story it's almost like deja vu reminds me of greece and in fact yanis varoufakis says you know inserted his name into this whole story and that is whether it's going to be it to leave or quit to li because italy is looking mightily. well it looks like the technocrats don't like democracy remember this happened with greece as well the greek people said they didn't want any more austerity they didn't want their lives to be decimated they would didn't want to be forced out of their country to flee to the united kingdom and other places due to austerity and all sorts of e.c.b. policies upon their you know european community policies upon their country well the same thing is that now happened in italy where the five star movement in the northern league formed a government and then the president of italy who is constitutionally allowed to do so basically said no because you're a finance minister is anti euro and wrote a piece he had written a piece about basically that the euro was a disaster for italy and we're going to suggest perhaps it really was yanis varoufakis. b

about it's kind of this is a story it's almost like deja vu reminds me of greece and in fact yanis varoufakis says you know inserted his name into this whole story and that is whether it's going to be it to leave or quit to lay because italy is looking mightily. well it looks like the technocrats don't like democracy remember this happened with greece as well the greek people said they didn't want any more austerity they didn't want their lives to be decimated they would didn't want to be forced out of their country to flee to the united kingdom and other places due to austerity and all sorts of e.c.b. policies upon their you know european community policies upon their country well the same thing is that now happened in italy where the five star movement in the northern league formed a government and then the president of italy who is constitutionally allowed to do so basically said no because you're a finance minister is anti euro and wrote a piece he had written a piece about basically that the euro was a disaster for italy and we're going to suggest perhaps it really was yanis varoufakis.

catch the full interview with yanis varoufakis on they don't come well while greece decided to stay brags it is still looming but the investor sentiment isn't as daya a survey by consultancy firm young shows trust in the u.k. remains high it's still the number one destination for foreign direct investment in europe or six percent hike in investment projects they're creating around fifty thousand new jobs main reason increased involvement by u.s. companies are on the heels of the u.k. meanwhile is germany which is also seen investment projects climbed by six percent . and audi c.e.o. rupert stock has been implicated in the diesel gate scandal meaning prosecutors say they're investigating him as well as another board member of the fox fox subsidiary the prosecutor's offices stock have been accused of fraud in connection with the ongoing admissions cheating scandals in may thirtieth now police have also searched his apartment as part of that investigation. now the football world cup begins in russia on thursday but hooliganism from russian football fans is casting a long shadow chris hunting

throwing her some starbucks candies from america and then she's stayed firm she stay firm against yanis varoufakis and all the various greek people who tried to get her to back down on the debt but that didn't work either and we're going to get to that but putin glee as latest reason u.k. says it should get breaks that deal the u.k. will tell the european union that a no deal breaks that would be celebrated by russian president vladimir putin according to a person familiar with the british government's thinking and the latest attempt to soften the block stance by britain which wants wide ranging cooperation in areas from crime fighting to financial services but the e.u. insists the u.k. can't have the same level of integration as it enjoyed as a member of the bloc right now you mentioned greece there are dimension grace because there's an interesting side point there yeah i'm going to get to that attack and you're going to hear it is the u.k. and they're trying to negotiate against europe they're having their last you're europe keeps on saying no no no no no you we're not going to give you all the

and the face of greece's debt crisis yanis varoufakis. celebrating the so-called greek economic recovery insult to injury on during the nation is in the state of. bass is your business update i'm having a home free and glad you could join me now the german a call make a dime to has agreed to recall over two hundred thousand vehicles in germany following some stern words from the country's transport minister the diesel engine vehicles appeared to have been fitted with software that turns off the missions controls under certain conditions. c o d to look relaxed on monday afternoon but that was before his meeting with german minister for transport on k.l. scheuer he summoned said to the ministry and two hours later put out this video message to point b. that government has demanded the recall of two hundred thirty eight thousand name like cars in germany illegal emissions cheating devices and a total of seven hundred seventy four thousand cars in europe are affected forgivable. an unexpectedly blunt statement from the minister but the diamon

face of that huge pile of debt for others he's a hero standing up against the establishment yanis varoufakis is the greek finance minister was the greek finance minister for six very turbulent months in twenty fifteen and joins us now from munich thank you very much mr fox's welcome to our program my first question will greece ever pay back their quarter of a trillion euros and should it. when you go bankrupt there's no way you can escape your bankruptcy and repay your loans on the basis of more loans that come with strings attached trink your capacity to do to make an income so it's not a question of morality it's not a question a question whether you should know you shouldn't let us not forget that the only reason why capitalism grew wings and flew up and soared into the skies of the nineteenth century was because reintroduce the con the very interesting concept of limited liability in other words that bankrupt companies bankrupt and that these should be allowed to do to go bankrupt this is part of the capitalist process of renewal do you know why didn't go why didn't raise them go about j

the former greek finance minister yanis varoufakis that's back over to late as a meeting here in berlin tries to broker peace in east ukraine that's correct alan are in berlin the german foreign minister michael moss has been hosting his counterparts from ukraine russia and for as well the four foreign ministers are trying to find a lasting solution to the conflict in eastern ukraine top of the agenda is a plan to create a un peacekeeping force for the region and then a recent upsurge in the fighting there. bri twenty fifteen and there were a few smiles around the negotiating table in the bella russian capital minsk weeks of devastating fighting that sealed the fate of the first negotiated truce to the war in eastern ukraine this new agreement was meant to finally bring about the last thing ceasefire one that would pave the way for a political solution. instead the shooting has barely stopped even for a day since then the front line hasn't shifted but the battles continue ukrainian government troops and pro russian separatists trade blame over who fired first. o.s.c. observers are left

she stay firm against yanis varoufakis and all the various greek people who tried to get her to back down from the debt but that didn't work either and we're going to get to that but putin glee is latest reason u.k. says it should get breaks that deal the u.k. will tell the european union that a no deal breaks it will be celebrated by russian president vladimir putin according to a person familiar with the british government's thinking and the latest attempt to soften the block stance by britain which wants wide ranging cooperation in areas from crime fighting to financial services but the e.u. insists the u.k. can't have the same level of integration as it enjoyed as a member of the bloc right now you mention greece there are did you mention greece because there's an interesting side point there yeah i'm going to get to that back if you go there here is the u.k. and they're trying to negotiate against europe they're having no luck you're europe keeps on saying no no no no no you we're not going to give you all these goodies that you want because you're not part of the block anymore

basically that the euro was a disaster for italy and we're going to suggest perhaps it really was yanis varoufakis. because he became the finance minister of greece reported introduced interviewed him many many times over the years when he used to be an icon it was for virtually games he said the people of italy voted against technocrats implementing austerity for the many and socialism for the very very few now they have an i.m.f. apparatchik as pm was a plan to implement more of the same could italy's president have given the full but populous a greater gift that's always the same we've covered this since the beginning of a very poor it's austerity for the many capitalism for the many and socialism for the tiny tiny few right well as we've lost our focus on the show and we asked them point blank i know i did who will be the next to get the treatment that greece got from the troika the i.m.f. the e.c.b. the e.u. they gang up they destroy a country for profit it's a it's a smash and grab and the greece was destroyed they had a referendum and then they didn't pay any attention to the referendum the

you can influence the conversation, what would you like to ask yanis varoufakis?> and i will show you where the button is. ask the questec question -- guest a question is the but you want to press. he is waiting for your question. after a long line of negotiations, the eu reaches a deal on immigration. we go to brussels next. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. >> good morning from bloomberg's european headquarters. anna: this is bloomberg daybreak: europe. here are today's top stories. asia stocks climb. the index poised for the worst first half as trade tensions continue to escalate. a united eu boosts the euro. italy's new prime minister reaches a dea