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for the greeks well for more on this i'm now joined by sam bowman head of free sets of the adam smith institute in london many thanks for joining us mr bowman now britain's share in this proposed bailout really does look to be the lion share of an eleven billion dollars so how will the government do things sell that to the british people who. and facing massive security considering that britain's nobody would upon all three year i say well i think they probably shouldn't the government is justifying this by saying that it's a major trading partner for the u.k. so the british taxpayer should really foot the bill to support our land but it's a bit like turning to a bankrupt neighbor and giving him a thousand pounds in the hope that he'll spend some of it in your shop it just doesn't make economic sense to bail out arlington this way and speaking to people on the ground in the general irish public they do not want to spell out they think that it's bad for the country because really what it is is a bit out for irish banks and for the irish government rather than for the irish taxpayer so i think th
for the greeks well for more on this i'm now joined by sam bowman head of free sets of the adam smith institute in london many thanks for joining us mr bowman now britain's share in this proposed bailout really does look to be the lion share of an eleven billion dollars so how will the government do things sell that to the british people who. and facing massive security considering that britain's nobody would upon all three year i say well i think they probably shouldn't the government is...
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sam bowman there head of research at the adam smith institute talking to us from london a bit earlier on of course while the e.u. may be busy fighting to save the economy it still faces the added problem of other potential members knocking on its door. now the serbia is getting ready for membership talks we ask who's going to lose the e.u. or service themselves called but coming up a few bit later on this hour plus. the air all see has become a wasteland and solve that pollution and lindsay france joined me and catholic dan to investigate how this transformation to the people and how it but it down on the environment for after. the russian newspapers published new details of the joint nato russian missile defense shield discussed on the sidelines of last weekend's alliance summit in lisbon under a new proposal offered by president medvedev the two sides would cover separate sectors of territory citing an unidentified diplomatic source the paper says that simply speaking russia would be responsible for handling rogue missiles from the east of nato will cover russia from the west say th
sam bowman there head of research at the adam smith institute talking to us from london a bit earlier on of course while the e.u. may be busy fighting to save the economy it still faces the added problem of other potential members knocking on its door. now the serbia is getting ready for membership talks we ask who's going to lose the e.u. or service themselves called but coming up a few bit later on this hour plus. the air all see has become a wasteland and solve that pollution and lindsay...
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it is the euro zone second emergency rescue package following greece but some boman of the adam smith institute in london told this is the beginning of the end for the single currency. honestly i think the euro zone's days are numbered i can't see the euro survive in this decade certainly not the next ten years probably not the next one or two years in fact the barrier island will kick the can down the road maybe our lives will bring down the euro but probably portugal spain or even if it really will the exposure of for example the french economy to charlie and banks is absolutely massive twenty percent of the entire french economy is. to france by charlie and banks by italian bond holders so if it really goes france economy will collapse the entire eurozone will collapse if one of these larger mediterranean countries goes and i think that really what island and what the u.k. needs to realize is that it's not a matter of bailing out the euro because that's what this bailout is aiming to do the bailout is trying to sustain the euro currency but that actually won't work really the question is do
it is the euro zone second emergency rescue package following greece but some boman of the adam smith institute in london told this is the beginning of the end for the single currency. honestly i think the euro zone's days are numbered i can't see the euro survive in this decade certainly not the next ten years probably not the next one or two years in fact the barrier island will kick the can down the road maybe our lives will bring down the euro but probably portugal spain or even if it...