but angela merkel defended the brussels accord. said funding recipients would be subject to strict and, long-term, that would help stabilize the euro. >> there is a legal connection here between sound policy and solidarity. that is a very important. we back the euro. we want it as our stable currency. we believe we can run our economy better with it, that our living standard will be higher, and that is why i am is seeking agreement from you all. >> while many in the opposition are wary of handing over more power to brussels, the general consensus in parliament is that the common currency must be saved. >> and voting has just begun after that debate. let's go to john who is following things from our parliamentary studios. is the government going to get its two-thirds majority? >> i think that is very likely. i just returned from the chamber. and just to clear up a possible misunderstanding, because i think in the international media, this is often being and accurately reported. this debate, of course, the chamber today is not about

well it's been a tough night in brussels were e.u. leaders had to make mutual concessions after several hours of bargaining they agreed to use the european bailout funds to funnel money there were actually to struggling banks a short term fix opposed by the german chancellor angela merkel well for more on the overnight decisions let's cross now to our correspondents tests are cilia so tasso why do these measures mean for the troubled states and why is germany given into the demands of other eurozone countries. well that is so what it would seem but i would prefer to say that the good leaders were under extreme pressure to come out with something expects relations were so low so they did scramble in the end to say something to to the media and to the market so they finish early hours of the morning the leaders did seem to manage to take the steps together which is what people were looking for after a tough negotiation to say the least and they had agreed on a growth and jobs fight and if this is not new because there wasn't much disagr

but you still want to find out in brussels go ahead sir yes i am living in brussels and i'm living in europe and the impression that all populations want to get rid of the euro is completely wrong and the french are afraid really germans are referred to as a scandinavian. tell us and even the greeks eighty percent of the greeks want to be in the euro zone because they realize that if they fall out of it they they are completely broke ok you know let me just say what is true here stephen will give you the last word in the program what is a political dimensions of all this you said that they will have some solutions maybe they will but is that democratic is that fair to the average person in the eurozone because the decisions are being made for them. they made by their elective representatives i mean one of the things i would say actually is that politicians in germany the politicians in spain the politicians in greece. when when it comes to the negotiating table they've pushed very hard i mean what's what you've seen from spain over the last the last few days has been very good negotia

summit in brussels despite earlier blocking and agreement on measures to promote growth in the struggling blog. plus as egypt braces for fresh protests against military rule we look at the huge psychological toll the eighteen months of unrest have taken on the nation's people. it is eight am in the russian capital you're watching r t i'm marina joshie welcome to the program how tough talks are on the table for russia's foreign minister sergey lavrov and u.s. secretary of state hillary clinton as they meet in saying that his birth today to discuss syria the two powers are deeply divided on how the crisis in the middle east country should be resolved oh you know across life to lose a coffin of who's in st petersburg for us good morning to you is see you know how do moscow and washington morning disagree on the syrian issue and how can their positions influence the situation in the war torn nation. if the two sides if sergey lavrov and hillary clinton can come to some sort of i'd i positioned tonight in the meeting in st petersburg this really could drastically change the future of internati

it released brussels -- it reached in brussels on saturday. spain will seek favorable conditions like those awarded to greece, ireland, and portugal. that would include 15 years to repay the loan. the low-interest rate under 4% with no repayment required in the first five years. >> this will be decisive step towards but improving credit worthiness. we will do everything we can to restore confidence in the euro. >> the spanish banks are weighted down by bad debts following the collapse of the real-estate market. it is designed to prevent a banking crisis. >> and just how worried are officials in brussels? nina joins us from brussels. the weakness in spanish banks haven't been going and many have seen this bring on the horizon. what about cyprus? did officials of view this as being a threat as well? >> it has been known for very long time that's price -- that cyprus is a concern. it was the massive write-down of greek bonds earlier this year in helping greece with the hair cut that pushed cyprus's banks so hard that now they need some help. anal

the latest from brussels -- >> after 13 hours of talks, they got what they wanted. italy's prime minister is happy. spain's leader is all smiles. europe has agreed to a direct bailout for troubled banks in those two countries. it gives them and the euro breathing space. some see it as europe's richest nation caving in. angela merkel said there were conditions. >> [speaking foreign language] >> i think we've done something important. we still maintain there is nothing without getting something in return. >> in the early hours, talks have stalled over europe's 120 billion euro plan for growth. that is for the long term. europe's leaders are positive about the deal. >> the decision shows once again the commitment of the member states, the versatility of the euro. >> written is not in the euro, but david cameron has been urging those in the club -- britain is not in the euro, but david cameron was content with the agreement. >> they took some steps forward last night. for a long time, we've said more action needs to be taken for short-term financial facility, to drive d

that's in brussels. another one today in poland. silvia is at the match in brussels. we're more likely to get results in the football version than the one you're attending in brussels. >> reporter: yeah. i think i rather be at the one in poland. first it will be shorter. even with extra time and penalty kicks. the second one, we will have a result out of poland. as far as the polish match is concerned there's a chance germany will be kicked out of the euro. hopefully here in brussels there's a chance of anybody being kicked out of the euro. we have one week to save the euro, you can't let one of the larger countries go hell. so, the bottom line is we always have these drama drums the moment we get into this crucial summits. but ultimately all we can do is play into deep space. angela merkel's game if that's the right word is deep space. more institutions for the eurozone. institutional framework. for miss cal union. more budget control. she is kind of right because if you look at it the markets for ten years have always admonished the eurozone for having done the impo

chris morris, thank you in brussels. thank you for giving me that update. let's cross to westminster and talk to my chief correspondent, norman. this conversation between president obama and david cameron, both of them very worried about what's going on. what can you tell us about what the two men had to say? >> well, we are being briefed. they called for an immediate plan to solve the crisis zone. the two men are no longer talking about a package that can be putal together over the next two months they are talking about action now. that clear view that there has been enough talking and there now needs to be movement toward a coherent plan to restore market confidence, and i think what you're seeing is them looking ahead to the greek elections on monday then other elections then the european union summit and my impression is they view those three events as key benchmark occasions when it is hoped that the euro zone will be able to agree on a cope hereunto package to be able to resolve the crisis, because i expect some of the language coming out of berlin se

joined by rodney shakespeare in london he is one of the founders of the global justice movement in brussels we have used and usually he is president of the e.s.c. europe two thousand and twenty steering committee and in new york we cross to stephen foley he is an associate business editor of the independent all right gentlemen crosstalk rules in effect that means you can jump in anytime you want to rob me if i go to you first in london we have cameron and obama saying there must be decisive action on the euro and then we just come out and just hours ago we have the european central bank saying well it's up to the the polities and individual countries of the euro zone is this a political vacuum is this where are we going here or is it just finger pointing. it's a complete back gross bankruptcy of new thinking cameron probably means more austerity which will make the thing worse. lending creating money interest rate to the banks will be putting money into and never ending black hole and of course there is the third thing in their minds which is basically to print money as was done in nine hun

and he said now it's good to have you with us two pm here in the russian capital twelve noon in brussels and nato is set to decide what action to take against syria after turkey called for an urgent meeting of the alliance ankara says its allies should view friday's downing of its military jet by damascus as an act of aggression war correspondent tests are silly it is in brussels and will be joining us shortly live from there with an update. the turkey claims meanwhile that the downed jet was on armed and it was simply tasking the country's radar system but the head of an independent syrian media outlet says ankara was probably spying on damascus. it could be there they were just saying. it was locked and the silence was actually . artillery that shut it down with a maximum range of five kilometers on what was the stands i'm doing fine goes away from. our land our territorial water i don't think the needle or any legal. situation for putting any more pressure on syria it's something else the vision it was doing it over have sitting cording or trying to spy on the syrian army's movement i

this new treaty in a referendum even though it means brussels taking overall control of the country's national economic policy. raging at roadblocks and greece protests clashed with nato peacekeepers of the barricades and long course of. egypt's ousted president hosni mubarak who was given a life sentence on saturday has been admitted to a prison hospital after reportedly suffering a heart attack on his way from court however the life time and acquittal of his two sons was considered too lenient by many triggering mass protests across the country people demanding the death penalty for the post leader more than ten thousand gathered overnight in cairo wearing mob attacked the headquarters of presidential candidate that's night prime minister ahmed shafik journalist bill truth is in tahrir square for ati. people at the moment are really quite angry with the verdict is far from a crowd of a barak was given twenty five years of life sentence there were euphoric because people busy making would just be done for corruption charges however they realized that his sons and also. the interior m

and that would naturally fall to brussels. to to have more stars are you worried about the consequences of that as well why i think they have to do a move like that i don't think standing still is workable. i don't believe anyone wants to see the dismantling of europe so you have to take a step in the direction of having more authority over the fiscal situation in each country and they did have a guideline and a lot of countries blew right through it well some of them lied about it where in the rules and. it's all over russia. speeches but will emerging markets like russia continue to grow countries in the west europe is we're going to thing that is is clear is the the the demographic situation in large developed markets. as people grow older. they invest less or the bar is they're buying a home maybe if you're into your apartment childer or is a sense that. the longer term investments will pay off more in emerging markets middle classes are growing. we're seeing levels of inequality improve so we hope this is a trend and for

three bank loans and bailouts the treaty binds budget treat policy even tighter so that brussels will have a say over how island spends its money on healy of social justice island says it's a badly written treaty that will do what it's meant to do what we're looking at no is a limiting limitation being imposed by this treaty which we believe quite strongly means that we cannot put in the investment levels of the scale that's required actually generated to produce the jobs that are required to get out of this mess that it's in thanks to the constitution the irish are the only european people who got to vote on the pact and to. but governments have already signed it the u.s. will give added power to an unpopular treaty france's new president francois hollande has talked about trying to renegotiate the pact and germany's angela merkel despite having written the treaty can't get her own parliament to ratify it richard boyd baratz of the united left alliance sees a bleak future because of all of the gambling debts and banks and speculators of import on to the books of the state but this wo

ambassadors for the alliance member states held an emergenc meeting in brussels. cutyf temr state have beenhrted ic i the emergency meetin but the solutions are not s easy to come by. rasmussen spoke after the srarfointernationaaho norms and peace. >> we consider this act to be unacceptable aonmn it in the strongest terms. >> rasmusss the alliance will consider whether further acons necessary. but he didn't mention any military options. nato members have ereed concern about the detiorating situation in syria, b t osct of using military force presents too many risks, given the curren diplomatic approach to the syrian conflict. th aiaeil be forced to adopt a cautious stance for now. takashi icno, nhworld, brussels. >>> meanwhile, turkish prime minister tayyi erdogan for the fit me cmeedn the incident. he issued a tough warning against nassirian miany semohe tuish border. the rules for endangerment for turkish armed forces changed and ylent fm syria that poses a security risk or danger will be treated as a military target. the syrian government officials y was the tu

now it's been a tough night in brussels were e.u. leaders had to make mutual concessions after several hours of bargaining they agreed to use the european bailout funds to follow money directly to struggling banks a short term fix a post by the german chancellor angela merkel are these tests are silly reports from brussels. now what they did to spend a lot of time talking about was this new growth and jobs pact yet another practice essentially rolling out one hundred twenty billion euros to help aid in the growth of the eurozone nations what's interesting is this is where the conflict had come into the picture spain and italy were refusing to sign the pact until they had gotten the short term fix that they need to calm the markets and bring down their borrowing costs will they did get it in the end seen as a compromise from germany at this point that is using e.u. funds to recapitalize banks directly rather than giving the money to the government in order to avoid the public deficit from going up and this is particularly relevant to

now it's been a tough night in brussels were leaders had to make mutual concessions after several hours of bargaining they agreed to use the european bailout fund to funnel money directly to struggling banks a short term fix opposed by the german chancellor angela merkel well we'll have more on this from our correspondent as our silly who isn't brussels later in the program. before that the protest mood in egypt doesn't seem to be subsiding despite the long anticipated announcement of the presidential vote results last weekend people again plan to take to the iconic to harir square this friday to demand a complete handover of power from the military to the country's newly elected leader but amid the never ending swarm of political demands the psychological stress ordinary egyptians are constantly under is often ignored as are these polls leader now explores. pain as war as it was the day it happened was just twenty one years old when he was killed near tahrir square the bullet that shattered his heart tore apart his family leaving his mother unable to carry on i don't know if i talk abo

on wednesday, she tried to win over parliamentarians to the position she will take in brussels. merkel is opposed to a joint eurobonds. >> trying by political means to push through eurobonds with the same interest rates after it did not work well on the markets would be just repeating an old mistake and not understanding the right lessons from our experiences. >> instead, merkel wants the eu to have more power when countries failed to meet obligations or break you budgetary rules. merkel says there's too much talk of joint liability but not enough about improved control measures. >> there has to be a balance between supervision and liability. supervision and liability have to go hand-in-hand. joint liability can only be considered when sufficient supervision is insured. >> merkel is standing firm, but she has made some concessions. on friday, both houses of parliament vote on the fiscal pact and european stability mechanism. merkel needs votes of the opposition to secure 8 2/3 majority, but they have set conditions for that support, such as a task to cut u.s. unemployment across

ireland says yes to writing european austerity into law and ceding more sovereignty to brussels the sixty forty result saw a split between rich and poor with middle class and rural areas in favor and working class. against sinn fein leader gerry adams campaigned vigorously against the treaty and is now islands most popular party leader as a result of government. to get people. to work. so. they'll need to unemployment up to fifteen percent welfare payments are cut public sector spending has been slashed everyone's feeling the pinch including publican jimmy killed near he's seen his turnover by half as locals batten down the hatches we would have had. five full time employees yeah for part time to full time to part time. jobs. it's a huge factor it's the discretionary spend that people have. very very very careful on how they spend their money to pay the economies tightly bound to the eurozone through bank loans and bailouts the treaty binds budget treat policy even tighter so that brussels will have a say over how arlan spends its money on healey of social justice i'll. and says it's a ba

arland says yes to writing european austerity into law and ceding more sovereignty to brussels the sixty forty result saw a split between rich and poor with middle class and rural areas in favor and working class urban dwellers against sinn fein leader gerry adams campaigned vigorously against the treaty and is now island's most popular party leader as a result the government. during. we're converted to the notion that you can't cut your way. up to get people. back into work we've also argued against just banking. our resources as a result of the greed of private bankers. so we. hold to those commitments they'll need to unemployment up to fifteen percent welfare payments a cut public sector spending has been slashed everyone's feeling the pinch including publican jimmy killed near he's seen his turnover full by hauff as locals batten down the hatches we would have had to and five full time employees and four part time we're now down to two full time two part time we had a restaurant upstairs which is now closed and that's another three full time jobs. possible income is it's a huge facto

to be frank there's not a lot of optimists here in brussels the leaders are coming here today to meet at a very crucial time there are already five euro zone nations that have needed a bailout cyprus being the latest and there is no disagreement really that they need growth in the euro zone area where the way to go forward is the big issue here there are two points of view one is germany's and the others share the other point of view germany does not want to share debt of neutralize debt in the form of your bonds until all the others agree to surrender their budgetary controls to greater oversight for brussels in order to instill more discipline while the rest of france for example saying that they will only give up the sovereignty to a greater power if germany show solidarity and we know what's already needs in this sense is sharing in their debt so you have two sides the question is who is going to budge first and actually the biggest headache that people see that will have it today is coming from italy's a mario monti he's really insisting that the euro zone funds by the the bonds

for your own survival is on the line greeks choose between more cuts are breaking free from brussels is controlled. the u.n. sponsored peace plan for syria shaken to the core observers suspend their mission due to growing violence as both the regime and the rebels fight all. the gyptian scouse their final ballots for their pulse revolution future but many are disenchanted with the choice between and islamised and the former move mark official. screaming online twenty four hours a day seven days a week this is the weekly with me karen tara well the future of the whole eurozone could rest on the shoulders of greece with polls underway this sunday after last month's election failed to bring about a coalition government it's a vote that could result in the rejection of the country's current bailout and even see athens exit the single currency archies jacob greaves is in the greek capital. officially on the ballot paper itself there are eight policies running for office seven of them actually won seats in the may the sixth election election tossing out important three percent threshold ne

school treaty a referendum even though it means brussels take full control of the country's national economic policy. and raging at roadblocks and research protesters clashed with nato peacekeepers over barricades in the course of. egypt's ousted president hosni mubarak who was given a life sentence on saturday has been admitted to a prison hospital after reportedly suffering a heart attack while being taken from court however the lifetime an acquittal of his two sons was considered to be many triggering mass protests across the country people demanding the death penalty for the pows and the. ten thousand gallon overnight in cairo were enraged mob attacked the headquarters of presidential candidate as prime minister. journalist bill truman's in times square. people at the moment are really quite angry with the verdict in the us from a kind of a barak was given twenty five years of life sentence they were euphoric because people busy making would just be done for corruption charges however they realized that his son and also. the interior ministry say six peace officers would not be a

emerald austerity ireland says yes to the fiscal treaty in a referendum even though it means brussels taking overall control of the country's national economic policy but a report on that ahead and also reporting on the rage of roadblocks angry serb protesters clashing with nato peacekeepers over barricades in northern cos of we've got the picture. egypt's ousted president hosni mubarak who was given a life sentence on saturday's been admitted to a prison hospital after reportedly suffering a heart attack while being taken from court however the life turban acquittal of his two sons was considered too lenient by many triggering mass protests across the country with people demanding the death penalty for the deposed leader more than ten thousand gathered overnight in cairo and info you city south of cairo an enraged mall but attack the headquarters of the presidential candidate and mubarak's last prime minister ahmed to feed freelance journalist bill dru's in tahrir square for r.t. . first when they heard of a barak was given twenty five years of life sentence they were euphoric becaus

to stir take palin says yes to the you fiscal treaty in a referendum even though it means brussels taking overall control of the country's national economic policy would go to a vote coming up. raging at roadblocks angry serb protesters clash with nato peacekeepers over barricades in northern cos of. egypt's ousted president hosni mubarak who was given a life sentence on saturdays but admitted to a prison hospital after reportedly suffering a heart attack while being taken from court however the life term an acquittal of his two sons was considered too lenient by many triggering mass protests across the country with people demanding the death penalty for the deposed leader more than ten thousand gathered overnight in cairo and in famous city south of cairo an enraged mob attacked the headquarters of the presidential candidate and mubarak's last prime minister michel feet when i was journalist bill drew was in tahrir square for. people at the moment really quite angry with the verdict by some a kind of a bar it was given twenty five years of life sentence they were euphoric because people

. >> let me ask a question of you, what is the principal dispute between london and brussels over the financial regulation? >> me? >> or anybody. >> financial transaction texts? >> no, no, no, no. >> sure. >> they don't like that. >> that was the council sort of -- >> they don't like that and we shouldn't like that either. >> what do you think it is? >> i think i know what it is. >> okay. >> we had joseph ackerman address this. >> yes. >> so i feel, i'm quoting him, he's the expert, right. the issue probably you all think that the issue is that the brits want to have less regulation than brussels, and if you would think that, you would be wrong, what the brits want is higher capital standards for british banks which the europeans don't want because they want british banks to do more lending in europe. of course the british taxpayer has to pick up the tab, if something goes wrong, so there's a tug-of-war, a little subsidy going on here argument but it's very counter intuitive and nobody in america knows this because the press doesn't report it but i'm just going to repeat, europe -- en