john defterios joins us once again from athens. you were talking about the private and public sectors finger-pointing. we've heard a lot from the public sector, on the streets. what about the private sector? >> reporter: in fact, that's a great point. during the entire austerity plan we haven't heard from leading greek industrialist so we invited one to share his thoughts, the cham of the group that uses an energy group, infrastructure group and mining group. it's nice to have you on cnn. what i would like to jump into here is that we talk about the divisions between the private and public sectors. the public sector feeling, even though a quarter of the workplace, that they're asked to sacrifice too much in item of pengs. realistically what could be done to bridge the gap between these two? >> all we have to say about this gap at this point in time is the private sector is counting almost a million unemployed in the private public sector, not one layoff. so far it's the private sector that has to pay the bill. >> reporter: in item

athens has been asked to sell off firms and private it is crucial utilities. even the airport could be handed over to private investors. the government will offload some of its majority stakes. sales which many people feel are very contentious. >> waste water flows through this sewage pipe. this is part of one of the largest waste treatment plants in europe. along with most public assets, seeing said to be sold off. >> this is due to be sold in the summer of 2012. some preparations are needed ahead of it, steps which have not been taken. the government has set up a commission that will oversee the sale to investors. >> they fear a major hike in prices after the sale and they are afraid that the same will happen in other state-owned companies. that is what makes privatization so unpopular. they are aware of it in the trade union offices. the union has been putting up a constant fight against privatization. they argue that the government should find cash from someone else. the notion that someone else should foot the bill is typical. >> today's prices would brin

but first we'll speak with athens. it seems there are many crunches in greece but today is a particular crunch with the transit workers on strike again. >> reporter: yes, charles. it's interesting to hear the comment of the director of the -- christine lagarde saying that paying is basically necessary. you can almost coin a new phrase, austerity fatigue. because this government and the previous government -- during the first ten years of the euro, the cuts now are extremely severe. so you're looking at 20% salary cuts in the state sector and 20% pension cuts, if not more, in the state sector as well. but at the heart of the issue, charles, is without the reforms, there are no layoffs in the state sector, which is the largest in europe. so what mrs. lagarde is staying, if you want the troika to support you on debt, you have to push ahead with reform. we see the strikes today in terms of the trams and two or three metro lines shut and the buses not running. these are cuts, they're feeling very severe pain in greece right

sara for speaking to us live there from athens. well here is a leaders are reportedly planning to use the region's bailout as he always full falls apart leading european business journalist believes that will be the end of it johana van overtveldt told me that greece will almost inevitably export its financial troubles. is imminent i mean the situation in portugal in ireland is well known the goal is i think in the worst shape than ireland but of course the big question with respect to the future of the euro zone is what will happen and spain and italy because being announced are that much higher and of the needs to intervene is there for much more than huge benefits with respect to the resort for gold if you're really then in the only other ball game a board game in which for example germany and certainly be very doubtful the way well if we only look at greece i think it would be a very good thing for greece to leave the euro zone and since greece is only a very small part of the eurozone one can kind of it seems like the greek ex

john defterios joins us from athens. just on the troika, what are they going to be looking for from greece to get the next bailout or the next part of the bailout through? >> there's two-pronged approach here, near term the troika, which started its fill day of work here after arriving last night has to come up with a draft for the euro zone finance ministers meeting on monday. that's to deal with the sixth installment of the previous package. that's about a $10 billion payment. they don't see any major hurdles on that. they talk about negotiating the july 21st agreement, negotiation would mean they need to close a gap for 201, 2013, 2014 of about 10 billion euros. that's the hard work from this point forward. you have the 7th, 8th and 9th installments. prime minister poppis in a meet. a final decision has not been made. they're also expecting to hear a comment in athens after the vote in germany. they are saying that chancellor merkel's comments after that vote are important in terms of the tone it sets here in athens i

sara firth's in athens for us. growing discontent here in athens at the moment really we've been speaking to a lot of people today in d.c. in some small protest movements throughout the day and they're saying they're really reaching breaking point head now we're on syntagma square and this is where most of the protest action has happened so far outside the part of the building as the maybe you can see that just the beginnings of the greeks gathering with their flags and it's still that later on today is well we're going to see a lot more gathering to but there's a little bit of concern about the tension that we're feeling at the moment because as he said the prime minister george happened today he's in berlin holding talks today at they've also been trying to push measures three parliaments another all star team measure that's a very unpopular. property taxes going on here say there's been a definite tension here today amongst the people that we speak and say just alone from syntagma square you've got the finance a

further our correspondent in athens there let's go straight back to athens talk to george come true colors he's a lawyer and constitutional law professor in the city mr riggs ever so much agree on arts international and we've heard today the greek prime minister will promise to saying talking about your country's superhuman efforts to the do made but it sounds all very well and good but will he succeed at the end of the day in convincing the german chancellor that the vital for the should be released to think . well i am afraid. of measures just imposing to the people sacrifices without any point without any hope of success we are now at the second tier of these are scary for measures that there is people getting refused. rocket. is practically double want to. we have started this austerity measures at the same time. and at the same time we have a lot of burden to the poorest to the weakest parts of the population so i don't think that this kind of policy is going to work well here were you saying there because one of the key forces paling are trying to help me is the i.m.f. they say that

this is our team tonight crowds gather in athens angry over facing more deep cuts which are due to be imposed by government but scrambling for debt rescue cash in germany right now. also this hour as government forces stormed a key opposition town in syria moscow calls on both sides to talk while rejecting western sanctions. and violence flares up between serbia a breakaway cost of zero seven cost of the serbs the region of the disputed border crossing. even for me kevin owen here in moscow tonight it's now eleven pm moscow time not top story on r.t.e. angry greeks a gathering in athens to protest against a new set of government cuts which are expected to be passed next month but measures are needed to secure the next vital bailout installment prime minister george papandreou is in germany to convince its main lender the greece is on the right track to reduce its crippling debt sara first in athens for us. the shading on the sails syntagma square tonight thousands upon thousands of people have turned out the parliament discussing the property tax is pretty extremely high country you c

angry crowds gather in athens as politicians highly unpopular property tax cuts. tries to convince germany's leaders and business is that another. country avoid bankruptcy. government forces reportedly stalled a key opposition town in syria pounding it overnight with heavy machine guns moscow's calling on both sides to enter talks to stop the violence while rejecting western sanctions and avoiding a repeat of the libyan. violence flares up between breakaway. of the disputed border crossing an exchange of fire between protesters and nato peacekeepers.

for more on the mood in athens, i spoke to gavin, who is still there.ou have been out speaking to middle-class greeks. how much more austerity can they really take? >> well, i think that is the big question. one thing i have noticed since i was here is how the mood has changed. there is a loss of confidence that the austerity plan that is being pursued by the government can work. many people think this large amount as something like 350 billion euros, whether that can be brought down. the interesting development is, after the results of an introduction of a property tax last week, a lot of a class greeks are saying this is a step too far, and there's some resistance to actually paying that tax. one of the big questions hanging over all of this is whatever new austerity measures are introduced, will the greeks go along with that or will they resist whatever the consequences might prove to be? >> the americans have now waded into the europeans debt crisis, european leaders are behind the curve and have acted too slowly. if they had acted earlier, in your

public's anger is focused on facing more cuts and tax hikes etc perth reports to us now live from athens the greek people sour are giving much support to their politicians who are trying to secure further belt out cash are they now. well the message from the people here on the streets of athens today has been take your bailout and leave that was aimed at the troika audit team he's been here trying to hold told about the next tranche of money that greece is going to need to avoid bankruptcy now you can see behind me here outside the parliament building the people are already gathering this is the third day of the taxi driver strike and already you can see the numbers turning out there you can also see the riot police just at the front of the building now all day today people also outside the front of the finance ministry and right now i'm going to see if we can show you that she got people on keep lying the building that abana above that building saying we want life so the people here really very frustrated indeed this is a stark contrast to the positive rhetoric we've seen from the e.u.

. >> what do they want to see from athens? >> they are trying to convince the greek government that more important than the domestic problems are those affecting the whole of the eurozone. if some have said that you must implement austerity measures at the highest level if we have any hope of getting out of this mass and if you would like to receive a billion dollars of bailout money. they want to see real evidence on the ground of austerity measures. >> thank you. later in this program, i will have more on the facility that would be managing the bailout fund. the people of greece have been voicing their rejection of the new austerity demand as far as this bailout. >> people are arguing with the representatives from the ecb. they were not given a warm welcome. there was hundreds of protests with people from the ministry of health, agriculture, and justice. many did not agree with the austerity measures. they might not have much choice. >> the banner has a message, we can't and won't pay and they are angry. they are not tired o

sara for reports from athens. greece has been the poster child of the year. with germany voting to expand the bailout fund the country looks that's to get that much needed cash injection with the help that come with some conditions here in greece the people say the price they are being made to pay is simply too high earning that there is a deadline day for the first to be hit with the greek government's new special tax it's one of the measures they put in place to try to secure the next tranche of money the country needs to avoid bankruptcy the extra tax which is ducks about another three percent of people's annual income supposed to help block some of the massive deficit in the projects after more than a year's salary cuts and rises in living costs people here are already at the breaking point the last two years almost everybody has rules. of the purse is all for. care of course is from the opposition movement in title we won't pay he tells me how the knees mintz expanded rapidly in recent months as more and more people hit that financial wall reform. most o

morgan by server campaign as a way to force a resolution when i was in athens last time i was mobbed everywhere i went because you know the mainstream media in athens that is not really covering the the slash troika hostile takeover of greece we're the only people that are covering that. crash j.p. morgan by still recant pain is out live and kicking in greece of course you can include goldman sachs in that campaign as well who fraudulent disgrace to join the arrow by selling them illegitimate illegal contracts so your thoughts on the crash j.p. morgan by summary campaign any e.u. you are supporting this is why i am my first i was skeptical because because i saw that j.p. morgan leased from a zero hedge article had basically just dumped their shorts and an unregulated company company but then i started to think about the larger processes i mean the for first thing i'm one of my major concerns just as a regular citizen is i want to connally's that start that help people make a living rather than make a killing i think a lot of us have kind of gone off the reservation and taken up this

outside the parliament building in athens. all right well let's try and get a handle on how this might pan out in the coming days pavel's with a researcher an analyst with the open europe organization. so the bailout policy it hasn't yet delivered the decisive blow to tackling europe's debt has it but what is your analysis on why the euro zone members are just so committed to it. well the problem is that so many of the current. leaders and decision makers the same people who came up with the policies in the first place. to do with the eurozone so in times of crisis great doubt because we are in on charter territory let's remember here they fall back on the default suppositions and which are more centralization. of the same policies that of us to this point i think they have too much invested in both politically and economically because remember that banks in the eurozone countries are holding a lot of greek that so i think they just feel if they might as well go down this road no one really knows where we're going to end up ri

a sociology professor in athens. i think that the big question facing us today is not whether we are going to default but how we are going to default i mean all the measures taken by this throw a compromise the european union the is a b. and b. i.m.f. . one way or the other to some sort of default some sort of moneths default but this newspoll is going to be accompanied by newest even in concert austerity measures some sort of social go to go to for example we called the summit meeting on july twenty first and there was all this hope but i knew a bailout package was on the way. down september and the black pain starts from the part of the european union concerning the last payment of the previews bailout package it's bailout be not company it's by extremists terrorism is there is the demand for a complete state assets and then again more us there to do more research and. devastation of the of the productive capacity of this country i mean this is a vicious circle something this must i think about as a society as a co

outside the parliament building in athens. now waiting at least three hundred. billion a year a pool of debt the crisis that's right greece is now impossible to contain and to fold is the only outcome that's according to athens base a theology professor. i think that the big question facing us today is not whether we are going to default but how we are going to default i mean all the measures taking by this throwing up by the european union there is a b. and b. i.m.f. leads one way or the other to some sort of default some sort of moneths default but this is all this is going to be accompanied by newest even hans or austerity measures some sort of social barbarism this is a vicious circle something this must stop i think that as a society as a country we have that sense to default on our own our own terms which means the immediate stop of payment to the death immediate exit of greece from the euro zone from the euro. coming up later this hour libya's future clouded in uncertainty now given in the precious fighting between the national transitional council and ge

ahead of talks with germany's chancellor over causing the budget deficit it comes as no make is in athens are expected to approve an unpopular property tanks its powerful starting measures to convince the new and i.m.f. to hand out and eight billion bailout for more this has cost lives not all correspondents sarah ferguson athens for us so how exactly is the greek prime minister planning to convince e.u. leaders to hand over this latest slice of bailout money. well what you're hearing from the greek prime minister jewish pub in jail speaking to members of the german industry in berlin is this a very positive rhetoric he thinks this country can take the crisis now the german chancellor is also expected to address that same conference she probably going on right now it is true she's going to say much of the same thing there's still the line from these eurozone leaders is that there's no question if we take sitting from the usa and the fold still not being spoken about publicly now here in athens in amongst. the opinion really defense quite significantly all excuses that being a little bit s

well the message from the people here in the streets of athens today has been take your bell out and leave that with the choice he's been here trying to hold told about the next tranche of money that greece is going to need to avoid bankruptcy now you can see behind me here outside the parliament building the people are already gathering a this is the third day of a taxi driver strike and over you can see the numbers turning out there you can also see the riot police just at the front of the building now all day today people also outside the front of the finance ministry and right now i'm going to see if we can show you that she got people occupying the building that panna that building saying we want life see the people here really very frustrated indeed this is a stark contrast to the positive rhetoric we've seen from the e.u. leaders today about that decision and the vote in germany they say that's a positive step forward to changing the teacher police to giving them that helping hand to the people here really didn't do it in quite the same way and this is going to be one of the b

so gavin, you have been out around athens speaking to middle class greeks. how much more can they take? >> i think that's the big question, one thing since i have been here maybe six weeks ago. how the mood has changed and the austerity plan can work, and this 350 billion euros whether that can be brought down. and as a result of a reduction of a property tax last week, a lot of middle class greeks are saying this is a step too far. and there is some resistance to paying that tax. and one question hanging over this, what new austerity measures are introduced. in the end will the greeks go along with that or resist? >> gavin, the americans have waded into the european debt crisis and that european leaders are behind the curve and acted too slowly. if they acted earlier, could the situation that greece faces now could be avoided? >> of course we could go back in history and there are people close to the greek government, and wondered if it would have been better if greece had defaulted in may, 2010. of course we are where we are now, and the question is if gre

we're here on the streets of athens during a public comeback but also if you might use it for a place we'll bring you all the latest in just teaming with. stephen sours government forces to make your position the town of syria more stapled on both sides. jacking western sanctions. why immigrants important are doing a good job but soaking up ninety percent of vacancies in the country's parliament. very warm welcome to you this is our life from moscow greece says it's doing all it can and is on the right track to reduce its crippling deficit the prime minister also pleaded for germany's assistance ahead of talks with chancellor merkel says the greek parliament has to vote on a new set of cards needed to secure the next. instalment. is in athens for us we're hearing more positive rhetoric coming from the greek prime minister just typing day to day he's been talking to the federation of industry. he's going to be meeting with the german chancellor later today we've heard him saying that he thinks his country can get out of this crisis in much the same that we heard. he's been saying. behi

it will be like athens or rome or something like. thousands of people come and go and see the heritage. >> it was a cold war conflicts that lasted two decades. the vietnam war left millions of dead and ultimately ended in failure for the american's desire to crush communism. she is a dancer who sang to soldiers on the front line of the conflict. >> an unforgiving war. 20 years of brutal and bloody onslaught. these are the men who risked their lives in the fight against communism. and these are the women on the other side, whose stories were buried in the chaos and conflict. the women who sang to console their wounded fighters, bringing comfort with their voices. >> in these words, the subject is about the memory of the war. people told me that the nature of human beings is like this. we live and we destroyo an and e fight. and they say that is the nature of human beings, which i really do not believe. >> but these performers are not professional dancers. they are the women themselves, from tiny villages in the north, farming communit

guarantees almost half of the loans in the year is own bailout gave the protesters in athens reacted deep budget cuts. russia wants the alliance not to take sides as tensions run high at the cost of a serbian border inflamed by and may take cheap crack down on the serbian barricades. and china is hours away from north korean online space literature and dog to have been the place to mark the buzz stepped it's building its very own space station. and from our business desk russia takes a heavy blow in the latest financial market turbulence does the recent weakness present an opportunity for bargain hunters find out from our business schools and twenty minutes. a very warm welcome to you this is our see a live from moscow the german m.p.'s have voted in favor of new rules governing the year as a bailout fund designed to help economies struggling with their debt crises well meanwhile more public protests erupt in athens international debt inspectors assess the country's progress in implementing tough austerity measures a little later in the program we'll be talking live to our correspond

on a new set of cards needed to secure the next a vital bailout installment on the surface is in athens for us we're hearing more positive rhetoric coming from the greek prime minister george passenger today he's been talking to the federation of industry in berlin and he's going to be meeting with the german chancellor later today we've heard him saying that he thinks his country can get out of this crisis in much the same that we heard friend who she's been saying that they're behind greece trying to rebuild confidence but they haven't actually proposed any measures now from here in athens that's that will be met with some skepticism because remember we've been here before and what we're seeing now is once again greece is really being taken to the brink on the streets here in athens would be seeing the protest movements now today parliament's going to be voting on a bill to pass by even even more so she measures a very unpopular property tax that's being discussed in part of it is still the lawmakers are going to preach that people are turning out on the streets to protest to say it's

these protesters are working 240 kilometers to the greek capital, athens.hree days under a baking hot sun. the group includes students, teachers, small-business owners, and the unemployed, but they all share a common message -- in corruption. --end corruption. >> a lot of us work 16 to 17 hours a day, and we still cannot get by. it is because of the corruption in this respect we see from authorities and the government. >> vassily tells us why he took part. the 32-year-old is a chef and father of two. he and his brother on two restaurants as well as a catering business for rest -- for weddings and baptisms. during peak season, he has up to 90 people working for him. near this seaside town, he tells us more. >> i have tried to build it through the years. >> the project is a four-star hotel, and it will cost 4 million euros. 2009, he was promised loans or 2.5 billion euros from the government and the eu. leaving him 1.5 million to pay out of his own pocket. but it was not that simple. he had to pay bribes to the tune of 14,000 euros. >> the ministry of culture

this is r t and snipe crowds gather in athens angry over facing more deep cuts what should you be imposed by a government that scrambling for rescue catching germany right now. also this hour as government forces storm a key opposition town and syria moscow calls on both sides to talk while rejecting western sanctions. violence to flares up between serbia and breakaway kosovo is seven qassam and serbs are injured in the disputed border crossing. russian markets rallied on president despite the resignation of the country's finance minister alex it could try to business about twenty minutes. earlier moscow it's not broadcasting live it's ten pm thank you for being with us for a viewer watching around the world angry greeks are gathering in athens to protest against a new set of government cuts which are expected to be passed next month the measures are needed to secure the next vital bailout installment prime minister george patton was in germany to convince its made lender the greece is on the right track to reducing its crippling debt sarah ferguson athens for us. only say the numbers her

the group of imf, eu, and ec be inspectors have not yet returned to athens. the money will only be released if they give the green light. >> as you heard, the payment of the next tranche of money depends on what the troika decides. the eu says this is greece's last chance. is there a danger they will refuse to hand over the funds? >> i do not think so. the stakes are too high. what the troika will say in athens is not a game of bluff. accept you are in deep trouble. you need this money. we have to give it to you. we will go down together if we do not do this. it is a bluff. they will get the money. there will be close attention paid to how gris implements austerity cuts. until now, they have just accepted the problems and been disappointed austerity has not been fulfilled. there will be a closer watch on greece. >> european voices say there are plans to boost the eurozone rescue fund, something berlin is not keen on doing. what is the story? >> it is a fourfold increase in the promised bailout. we will have to get used to saying the two trillion euros. what w

to help economies struggling with their debt crises well meanwhile more public protests erupt in athens international debt inspectors assess the country's progress in implementing tough austerity measures a little later in the program we'll be talking live to our correspondents who's in athens for an update. now the e.u. commission the president insisted that greece will remain in the euro zone and called on its members to join forces the union faces its biggest challenge in history that british euro m.p. godfrey bloom things that the biggest problem in this crisis is the european union itself. you cannot tax your way out of recession or depression is simply isn't possible in the great winston churchill's quotes on this trying to tax your way out of a recession is like trying to lift yourself up in a bucket by the handle a simply call and this soon is the politicians the bureaucrats never really else face the truth of this crisis the sooner we can start to get out of it the greek people are beginning to understand that they will be better off by defaulting on what we need to do the rest

for more on the speculation, i spoke to the bbc's mark lohan in athens a short time ago.rk, the government is still saying publicly greece won't default. isn't it now looking rather inevitable? >> well, privately i think people are beginning to accept here that some kind of default or much bigger than previously planned haircut is at least inevitable. remember, greek debt remains at 350 billion euros, 160% of the country's g.d.p. at that level, it really is unsustainable. almost everybody agrees now. so while in public, the finance minister in washington and also the government spokesperson here have said that they're not talking about a 50% hair cut. they're not talking about an orderly default. i have been told actually there is talk about that now among some m.p.'s and i think the inevitability of some kind of larger-than-planned aircut is now likely simply because it is unsustainable and it is agreed first plan a, if you like, initial bailouts, first one of 110 billion euros, second 109 billion euros largely failed because they failed to stimulate growth and they have

the eurozone bailout fund to rescue struggling economies meanwhile more public protests erupt in athens as the international debt inspectors assess the country's progress in implementing tough austerity measures. russia warns nato not to take sides as tensions run high at the kosovo serbia border inflamed by an alliance troops crack down on a serbian barricade. and china hours away from launching an unmanned space laboratory dubbed the heavenly palace the markets first step towards building its very own space station. next hour he sits down with a prominent academic linguist and philosopher known chomsky artie's marine important spoke with him about the world's most recent developments stay with us. parties sitting down with power over a noun scholar at linguist all father and i might professor noam chomsky present chomsky thank you very much for taking time to speak with r.t. political reform the first issue i want to speak with you robert is there a recent clashes that are taking place on the street between americans who are turning out i think that in streets and police officers and

negotiators will soon return to athens to we start. payments the government's last chance to evade a collapse and later this bar says asking for first reports the fuel for the greek government's relentless austerity engine may be quickly running out. greece has been the poster child of the euro saying that crisis with germany voting to expand the bailout fund the country looks that's to get that much needed cash injection that helps come with some conditions here in greece that people say the price they're being made to pay is simply too high burning that there is deadline day for the first to be hit with the greek government's new special tax it's one of the measures they put in place to try to secure the next tranche of money the country needs to avoid bankruptcy the extra tax which is due to doubts about another three percent from people. supposed to help plug some of the massive deficit in the budget to more than a year's salary cuts rises in living calls people here already at breaking point the last. third of the. bunch of. this

this is our team tonight crowds gather in athens angry over facing more deep cuts which are due to be imposed by a government scrambling for debt rescue cash in germany right now. also this hour as government forces stormed a key opposition town in syria calls on both sides to talk while rejecting western sanctions. and violence flares up between a breakaway cost of zero seven. and the disputed border crossing. even for me kevin owen here in moscow tonight it's now eleven pm moscow time not top story on our greeks a gathering in athens to protest against a new set of government cuts which are expected to be passed next.

let's go to athens for more on that.s situation just seems to be going from worse to worse every single day. do you get the feeling in athens where you are that people are eventually pricing in perhaps a default or departure from the europe eventually. >> there's certainly a lot of concern in athens as you mentioned before. we've just had additional measures. the measures were there because there was a shortfall in order for greece to meet the requirements, 2 billion shortfall for greece to meet its requirements towards creditors. that's an additional thing that just came up. we've heard measures announced at different stages. this is something that's concerning people here a lot. they're worrying that we don't know what's coming next. the government says it can make ends meet but can it really? the new shortfalls. we just heard that the recession will be higher than we expected, reaching 5.3%. so it's just a case of numbers not really adding up. and that's something that's bringing people to the street. it's creating a

country has implemented enough austerity measures this ahead of a crucial vote in germany to decide if athens cop buys for the next eight billion euro zone needed to pay its debts and salaries in october. a car bomb blast in russia's north caucasus kills eighteen fluting a young girl it's the latest in a string of attacks targeting security officers with innocent civilians again in the crossfire. russia warns nato not to take sides as tensions run high along the kosovo serbia border inflamed by an alliance troops crackdown on a serbian barricade. up next we sit down with a prominent and controversial academic linguist and philosopher known chomsky he's a marine important i spoke with iran political activist about the world's most recent development stay with us. party sitting down with over an ounce scholar at linguist author and mit professor noam chomsky professor trotsky thank you very much for taking time to speak with our team scored a democracy the first shot to speak with you about is there a recent clashes that are taking place on wall street between americans who are turning out to d

as the parliament building in athens where the e.u. may be throwing billions to prop up its economy and create the appearance of stability but the greek crisis has grown too big to be contained according to. a sociology professor. i think that the big question facing us today is not whether we are going to default but how we are going to default i mean all the measures taking by this throwing up by the european union there is a b. and b. i.m.f. leads one way or the other to some sort of default some sort of moneths default but this new fault is going to be accompanied by newest even a concert or stare at the mess or some sort of so somebody is for example we had this summit meeting on july twenty first and there was all this hope that the new bailout package was on their way. come september and the black veil starts from the part of the european union concerning the last payment of the previews bailout package its bailout been accompanied by the most terrorism is there's the demand for a complete state assets and then again more auster

protest is that athens reacted deep cuts. russia wants the alliance not to take some of those tensions run high at the cost of being border in a plane flying may take shoot crack down almost been barricaded. and china is hours away from a north korean on manned space to have been the. step to building it's barely a space station. and from all business desk russia takes a heavy blow in the latest financial market to.

outside the parliament building in athens. the e.u. may be throwing billions in athens to prop up its economy and create the appearance of stability but the greek crisis has now going to be contained about according to . a sociology right now. i think the big question facing us today is not whether we are going to default but how we're going to default i mean all the measures taking by this throwing up by the european union the e.c.b. and the i.m.f. leads one way or the other to some sort of default some sort of moneths default but these new soldiers going to be accompanied by newest even cancer which there are limits or some sort of source of our bodies for example we had this summit meeting on july twenty first and there was all this quote that i knew a bailout package was on the way. come september and the blackmail starts from the part of the european union concerning the last payment of the previous bailout package it's bailout been accompanied by extremists terrorism is theirs and the demand for a complete steelheads of states as

outside the parliament building in athens well as euro lawmakers commitment to the currency project has brought pain not only to the struggling members but to those who bail them out that's the view of william darknesses a european parliament member for the u.k. independence party. as far as the greek people are concerned adherents to the single currency means higher taxes low gov expenditure and cuts in their standard of living and also for and also even even for a country like germany in fact specifically a country like germany at here's to the single currency means massive transfer payments paid to countries in southern europe and what's happening is that the germans are no longer putting up with it we shouldn't be where we are now and it is because of the fanaticism of this european elite and we should look very carefully at what they have to say in the future these are guilty men and they are discredited men what is very worrying is that as my as my father used to say to me when i was a young man he said if you make a financial guarantee the nature of five financial guarantees is t

furthur reports now from athens. greece has been the place the child of the year i think that crisis with germany voting to expand the bailout fund the country looks that's to get that much needed cash injection to help come with some conditions here in greece the people say the price they're being made to pay simply too high burning that there is deadline day for the first to be hit with the greek government's new special tax it's one of the measures they put in place to try to secure the next tranche of money the country needs to avoid bankruptcy the extra tax which is about another three percent from people's annual income supposed to help plug some of the massive deficit in the budget but after more than a year's salary cuts rises in living costs the people here are already at breaking point the last two years almost inevitable because at least thirty percent of his salary or. era cost analysis from the opposition movement entitled we won't pay he tells me how the medium an expanded rapidly in recent months as mo

outside the parliament building in athens. have a constant updates on what's happening in greece and across the usa search for r.c. on the score com and it all right but it all in context. china. it's. the. hundreds of egyptians are gathering in cairo's main square to take part in a mass protest manger we claim the revolution they feel let down by the transitional military council and want the current emergency rule to be lifted and it's also a pressuring a far more open election was something echoed by political parties threatened to boycott november's parliamentary election anything now reports now of this tribe from people back on to cairo streets. we knew that change would come to egypt a new chapter of freedom and democracy don't judge a book by its cover when reading the post mubarak egypt it's between the lines where you'll find the new chapter hasn't been published edited or slightly revised we still have the supreme council of the armed forces those rulers i cannot say. in any sense you think this country towards demo