. >> barroso says they must implement the package of tax increases and spending cuts. he asked to consider the impact of the elections on the other countries in the eurozone. >>> eurozone leaders have been pushing for austerity issues for some time. angela merkel spoke to nhk world during an interview. >> translator: i would like to see greece remain in the eurozone. i heard that 80% of people in greece want their country to remain a member nation. in order to achieve that goal, the eu needs to express a solidarity with greece, but at the same time, austerity measures which were agreed upon must be i amemplemented. >> she met with president hollande this week. however, they admitted to differences on how to boost the economy. during the interview, she pointed out the differences that germany and france must play with the eurozone issues. she will coordinate views with a summit in late june indicating that could get over their differences. >>> let's see how investors are feeling about this. ai has the latest with the market moves. ai, we just heard merkel giving her opi

. -- jose barroso, had a clear message. >> i want to be very clear, all the euro area member states -eece has to respect the agreement. >> other words, warrants luxembourg's foreign minister, future bailout installments could be blocked. >> i only know we will not be able to release the 130 billion euros if there is no government in greece that supports our policies. >> former german finance minister believes the rest of the eurozone should prepare for a greek exit from the single currency. >> if i were in a position of political responsibility, i would prepare a plan b for a eurozone that no longer has to have 17 member states. >> the german foreign minister, guido westerwelle, also fears for the future of greece. >> the fate of greece is now in the hands of the greeks. greece has to decide itself what road it wants to take. >> . mr. burke cautioned against german arrogance towards countries struggling with debt -- westerwelle cautioned against german arrogance. the eu needs to show unity and strength to overcome the debt crisis. >> despite the eurozone debt crisis, germany said in a

. >> barroso insisted greek leaders must implement the package of tax increases and spending cuts. he asked voters to consider the impact of the elections on other countries in the eurozone. >>> and the head of britain's central bank says that the country is studying emergency measures. that's in case the neighboring eurozone breaks up. >> and our biggest trading partner, the euro area is tearing itself apart without any obvious solution. contingency plans are being discussed and have been for some considerable time between the government, the bank of england and the fsa, and that will continue. >> but bank of england governor mervin king did not give details. britain is not a member of the eurozone. >>> nine countries involved in talks on a free trade deal in the pacific region agreed to speed up their negotiations. chief participants from the united states and the eight other nations wrapped up their latest round of talks on the transpacific partnership on wednesday in texas. >> we have made better than expected progress here this week. we plan to move -- continue moving full ste

all twenty seven member states france is now under what european commission chairman jose manuel barroso calls the new european system of governance this is comparable to what happens when an individual is judged to be incapable of managing her affairs and has made a ward of the legal guardian or of the state little by little the e.u. commission is taking on the role of legal guardian of the economic affairs of the member states you know the girl with the dragon tattoo i remember that film she was awarded this date and what you're saying is that in france doesn't matter who the president is they are simply being taken care of by the bureaucrats in brussels who in turn are being taken care of by the technocrats in some other country who in turn are being taken care. by the kleptocrats in washington and on wall street in the city of london they're all being taken care of by the fabulous banking cartel and they're doing such a bang up job on it and the other thing to remember about wards of the state are some are favorites by the abuse of state or the legal guardian to be abused so in the c

the official line of the european commission of the european council missed of and room point mr barroso but nobody is really looking beyond what's going to happen and that is part of the crisis and part of the uncertainty because this uncertainty is now basically containing other countries like spain and portugal and so on and turn it into a general crisis in the eurozone but we also see is a digital human between paris and berlin and that is really in the heart of the eurozone if if if germany and france do not agree on the line to take then to you is really in trouble and that disagreement of course is based on a sterile against growth what is the answer here people are now talking about growth being the answer is it simple as that how does growth happen. growth is like love everybody's in favor of love everybody. growth but how to bring it out in the one hand you need austerity because our budgets are bloated already for a long time many countries have too much debt on the other hand we have to be store competitive nurse make sure that and put a set up companies again and the economy