e.u. finance minister germany is not endorsing that. everything that you envision is not going to be a person possible are you aware of that of course well i never said that everything that i propose has to you have to take it or leave it all i have an ambition i make proposals but i am convinced that it was my duty to do so the current status quo in europe is bad for everybody our sovereignty is being tested by everything that is happening the iranian crisis trade crisis the challenges of the digital world of internet and there are g. transition migration and orica past a t to protect ourselves we have to make progress and we have to be a more integrated european avant garde i would like an economic government a minister but call it whatever you want actually the end is what counts more than the names i just want a europe that is more democratic and less bureaucratic one third europe to be more united concerning the essential points able to protect itself against the big risks that would not think that's what i want a stronger politica

e.u. finances so some belt tightening is in order up or maybe not what will happen with some subsidies for example that's an astonishing forty percent of the budget. and in the kenyan capital of nairobi women are getting less travelled the tocsin market a small fold up and especially female. overjoyed. business models. this economic growth in the eurozone is slowing in the first three months of this year the single currency area's economy grew by just zero point four percent the e.u. announced today it's the shopper slump in two years growth in the euro zone has been easing since mid twenty's sixteen last week the european central bank warned that protection is dangerous were affecting recovery in the euro zone that's made up of nineteen of the in news twenty eight member states that actually have adopted the euro as their currency. is staying in europe where the steel industry is breathing a sigh of relief for now for the next four weeks the us has been exempted from u.s. steel and aluminum tariffs but if no deal is reached within a month those tariffs will be back on the table analysts s

e.u. still has on hold in cannes international sanctions there's talk about alternative streams of finance of banking in europe to sort of go around the u.s. banking system so they are talking about practical measures it's a big political decision they need to make do you think after this meeting tonight or that europe will have a concrete plan that will make the u.s. president blink. not yet this is going to take a bit of time this is the first meeting they've had to together and there is going to be in the meeting next week in vienna particularly russian cooperation and participation and things will go from there if there is a bit of time about a month to two months to figure out what to do europe just needs to know how to know and decide do we want to play hardball against trump or do we sort of want to be cowed and be what the french say an american vessel that is the big question here well it sounds better than being a poodle i'll tell you there robert visual in sofia bulgaria tonight thank you barbara. yeah there's a lot at stake for european business is i mean there are angry we hea

e.u. finance minister but germany is not endorsing that. everything that you envision is not going to be a person possible are you aware of that because well i never said that everything that i propose as do you have to take it or leave it all i have an ambition to make proposals but i am convinced that it was my duty to do so the current status quo in europe is bad for everybody our sovereignty is being tested by everything that is happening the iranian crisis trade crisis the challenges of the digital world of internet and there are g. transition migration and orica pastor t. to protect ourselves we have to make progress and we have to be a more integrated european avant garde i would like an economic government a minister but you call it was. ever you want actually the end is what counts more than the names i just want to hear it that is more democratic and less bureaucratic with one third europe to be more united concerning the essential points able to protect itself against the big wrists. nothing at all that's why i want stronger poli

e.u. finance minister so on the contrary you seem to be in a hurry and to shift responsibility to paris and brussels and to spend tax money which you never. get that the fear you need i put out. the center right f.t.p. also accuses the government of wastefulness. other. all of our partners in europe want to know what they're spending their money on. we are the only ones in europe saying we'll give more money without knowing what it's for me not good enough vegetables. because junior coalition partners the social democrats favor more german financial support for the e.u. . as was offered as the country that profits most from the e.u. it is their own fundamental self-interest to strengthen the european bloc to refuse would be to pull the rug from under a hundred feet and ask them to others that. can make. the very pro e.u. green say that merkel isn't going. far enough in my calls direct evidence it's called don't get that call and that's the point is for us to project that we're full of this vision of a company or the point is that we put up the money but this is precisely what you finance mi

e.u.'s finances member states may have to tighten their belts. and go palla the women of nairobi who are disrupting the taxi market with you bapak. i've been fizzling that's the business growth in the eurozone is staging a shop slowdown in the phone. three months of this year the economy grew by less than half a percent in twenty seventeen the economy expanded by a steady zero point seven percent from the second quarter through to the end of the year but an initial results by the european statistics authority for the first quarter of this year reveal a slump to zero point four percent last week the european central bank warned the protectionist dangers were affecting the monetary blocks recovery it's made up of the nineteen e.u. states that used the euro let's go over to frankfurt to our financial correspondent ali batts ali how bad are the numbers are we talking about. a blip a dip or something more serious. well it certainly is a dip i don't know if it's a blip i think it's a trend that's too serious for that and there are a lot of economists t

e.u. finance minister on the contrary it seems like you can't wait to paulson responsibility to paris and to brussels and that means possibly on tax money they haven't and i'm trying to get. co-leader of germany for a day of the party at least bottle speaking in the parlor just a short while ago. our chief political editor is still with us in the studio. speidel it no matter what one thinks of her politically she does have a background in academic dealing with financial issues she worked for goldman sachs she was she worked for the bank of china do you think her criticism of chancel merkel's approach to dealing with e.u. finance is going to find any resonance among the parliamentarians there well actually she doesn't really need the alternative need to get some stiff resistance on the supportive of vermont plans for instance when it comes to a joint euro zone fight on some of this is she's getting that from her very own c.d.u. party and delegates among so possibly yes so there is resistance and there is a deep suspicion here and many also amongst. party that other countries not just fans

e.u. budget and a eurozone finance minister. you know as i mentioned before germany we don't have too many ideals one ideal is over well being well being of always selves eighty percent of the german population say my own financial situation is good and everything that could threaten this well being good life in germany is not really except it and the bracks it after the break said when we are so are you afraid of the brics it what shocks you what are you afraid of the only think people in germany be fraid of not that the union might be weakened though that germany would have to pay more for the union that they have been paying up to now so for me it's not survive no surprise when it comes to money germans say no we want to say we want to have things as they are i say it's all about the money germans wanted chancellor merkel to show more passion and dedication on the e.u. front all they objecting to his style or her actions. what if you could to say you know we had quite a long period where we had no government and people were d

e.u. finance minister but germany is not endorsing that. everything that you envision is not going to be a person possible are you aware of that of course well i never said that everything that i propose as do you have to take it or leave it all i have an ambition i make proposals but i am convinced that it was my duty to do so the current status quo in europe is bad for everybody our sovereignty is being tested by everything that is happening the iranian crisis trade crisis the challenges of the digital world of internet and energy transition migration and are a capacity to protect ourselves we have to make progress and we have to be a more integrated european avant garde i would like an economic government a minister but call it whatever you want actually the end is what counts more than the names i just want a europe that is more democratic and less bureaucratic i want this in europe to be more united concerning the essential points eight. able to protect itself against the big risks and that's what i want a political in territory t. in

e.u. his ideas including european finance minister and a joint eurozone budget. while more than four fifths of germans say it's good that is putting forward proposals about half of them think his financial plans go too far meanwhile a clear majority want their own chancellor to show more passion in making the case for europe. medical also has something to smile about in this poll with fifty one percent approval she remains germany's most popular politician. today at the top of the hour in the meantime of course there's always the web site . of the day. that people vote for information like the palin's they want to express g.w. on facebook and twitter up to date and in touch.

e.u. commitments they've already been warned by a german minister and the french finance minister that they need to keep those e.u. commitments but these are two parties who have never shied away of saying exactly what they think to the e.u. . the choice. people have made is a step towards freedom for the whole of europe away from constraints and insecurity we want to rebuild europe based on people not bureaucracy we want to be listened to otherwise all these sectors and industries that are suffering from injustice because of european treaties and directives will have to be reimbursed well some say the reason that they won that election they've been able to join to form this coalition ideology is because they were both euro skeptic parties and that seems to have gone down well with the italian electorate and they still popular recent polls showing that they are getting still sixty percent support from the italian population you must do something about immigration because it's a mass i love the color plan of course who want lower taxes especially for businesses so it's illegal to harden immi

e.u. commitments they've already been warned by a german minister and the french finance minister that they need to keep those e.u. commitments but these are two parties who have never shied away of saying exactly what they think to the e.u. . choice the italian people have made is a step towards freedom for the whole of europe away from constraints and insecurity we want to rebuild europe based on people not bureaucracy we want to be listened to otherwise all these sectors and industries that are suffering from injustice because of european treaties and directives will have to be reimbursed well some say the reason that they won that election they've been able to join to form this coalition ideology is because they were both euro skeptic parties and that seems to have gone down well with the italian electorate and they still popular recent polls showing that they are getting still sixty percent support from the italian population you must do something about immigration because it's a mess and like the color plan of course you want lower taxes especially for businesses so it's going to hard

increasing the number of paid border and coast guards from fifteen hundred to ten thousand and financing this record e.u. budget would require bigger contributions from the twenty seven member states framing what could be a difficult negotiation for some members who would prefer to actually reduce or redirect their spending approval requires a unanimous vote among the member states. and initial coin offering or ice seo that was supposed to break records has become inconveniently successful for the messaging act telegram telegram group incorporates additional pitches to fewer than two hundred major investors was so successful during their private placement round a fund raising bringing in one point seven billion dollars that they have never opened the i.c.l. to a wider universe of potential investors telegram was raising funds to build what it billed as a telegram open network a blocked chain based app to extend the messaging app into services such as cloud storage and payments because the public i.p.o. was canceled i see or rather was canceled eager investors not already on the telegram krypto train wil

the director of international finance solutions associates that shabbir razvi believes that the e.u. is in no mood to obey the us i don't think european union is in the mood for listening to washington dick tut at this moment yes mr macron had a wonderful meeting in a washington. few weeks ago where mr mark ron has probably decided to become washington's pimp in paris however the other european union countries particularly germany is in no mood to listen to washington on the business relationship that they have developed with. iran over the years it's not in the interest of anyone to create huge distance between iran on the nuclear deal. africa has long promoted itself as being a safari holiday destination catering to high end travellers through such as this. but it appears that the reality on the ground is somewhat less rosy safari parks have been looking to expand their territory and that according to a new study at the government of the east african state of tanzania to evict it didn't indigenous communities and on a huge scale evictions began in the early two thousand but tension

e.u. from being hit by u.s. sanctions under it european companies will be able to get compensation and loans if they are affected and the director of international finance solutions associates shabbir razvi believes the e.u. is in no mood to be told what to do. i don't think european union is in the mood for listening to washington dick taht at this moment yes mr mock ron had a wonderful meeting in washington have a few weeks ago where mr mock ron has probably decided to become washington in paris however the other european union countries particularly gemini is in no mood to listen to washington on the business relationship that they have developed with . iran over the years it's not in the interest of anyone to create huge distance between iran on the nuclear dean besides the financial measures diplomatic efforts are also in place with the e.u. energy commissioner now in tehran on his first official visit to the country since pulled out of the accord parties sophie shevardnadze to discuss the latest developments with. the former vice president of the european commission. because not except that the americans dictate the terms of the business the ameri

e.u. commitments they've already been warned by a german minister and the french finance minister that they need to keep those e.u. commitments but these are two parties who have never shied away of saying exactly what they think to the e.u. . the choice italian people have made is a step towards freedom for the whole of europe away from constraints and insecurity we want to rebuild europe based on people not bureaucracy we want to be listened to otherwise all these sectors and industries that are suffering from injustice because of european treaties and directives will have to be reimbursed well some say the reason that they won that election they've been able to join to form this coalition ideology is because they were both euro skeptic parties and that seems to have gone down well with the italian electorate and they still popular recent polls showing that they are getting still sixty percent support from the italian population you must do something about immigration because it's a mass i love the color plan of course who want lower taxes especially for businesses so it's illegal to hard

e.u. commitments they've already been warned by a german minister and the french finance minister that they need to keep those e.u. commitments but these are two parties who have never shied away of saying exactly what they think to the e.u. . choice to tell him people have made is a step towards freedom for the whole of europe away from constraints and insecurity we want to rebuild europe based on people not bureaucracy we want to be listened to otherwise all these sectors and industries that are suffering from injustice because of european treaties and directives who have. to be reimbursed well some say the reason that they won that election they've been able to join to form this coalition ideology is because they were both euro skeptic parties and that seems to have gone down well with the italian electorate and they still popular recent polls showing that they are getting still sixty percent support from the italian population what we've been asking people in italy why they do or don't support this governing coalition to do something about immigration because the mass and the color of c

e.u. commitments they've already been warned by a german minister and the french finance minister that they need to keep those e.u. commitments but these are two parties who have never shied away of saying exactly what they think to the e.u. . the choice. people have made is a step towards freedom for the whole of europe away from constraints and insecurity we want to rebuild europe based on people not bureaucracy we want to be listened to otherwise all these sectors and industries that are suffering from injustice because of european treaties and directives will have to be reimbursed well some say the reason that they won that election they've been able to join to form this coalition ideology is because they were both euro skeptic parties and that seems to have gone down well with the italian electorate and they still popular recent polls showing that they are getting still sixty percent support from the italian population you must do something about immigration because it's a mass i love the collison plan of course who want lower taxes especially for businesses so it's illegal to harden i

to have the right to do so it's cool that i rector of international finance solutions associates shabbir razvi believes that the e.u. is in no mood to obey the us i don't think european union is in the mood for listening to what dick tart had this moment yes mr macron had a wonderful a good washington a. few weeks ago where mr mark rod has probably decided to become washington's pimp in paris however the other european union countries particularly germany is in no mood to listen to washington on the business relationship that they have developed with. iran over the years it's not in the interest of anyone to create huge distances between iran or the nuclear dean. a bridge linking mainland russia to the crimean peninsula was officially opened on tuesday the longest bridge in europe will reduce the region's reliance on sea and air transport and allow more tourists to visit crimea has been a popular some a destination for russians for more than a century. the first to use the new link was in fact this cat which lives in the area has its own social media account where this video was posted. following. following the cat

well the director of international finance aleutians associates that shabbir razvi believes that the e.u. is in no mood to obey the u.s. . i don't think european union is in the mood for listening to washington dick tut at this moment yes mr macron had a wonderful meeting in a washington. few weeks ago where mr mark ron has probably decided to become washington's pimp in paris however the other european union countries particularly germany is in no mood to listen to washington on the business relationship that they have developed with. iran over the years it's not in the interest of anyone to create huge distance between iran on the nuclear deal or. a bridge linking mainland russia to the crimean peninsula was officially opened on tuesday the longest bridge in europe will reduce the region's reliance on sea and transport as well as allowing more tourists to visit crimea has been a popular some of us the nation for russians for more than a century. thanks. well the first to use this new link was in fact a cat there it is it lives in the area and feline even has its own social media accoun

e.u. is offering for example in in financing solutions or in risk management sanctions risk mitigation would be good enough for them to continue their iran business and a third group are potentially smaller and medium sized companies who have either no or very limited exposure to the u.s. market who may feel that continuing their own business is more to their advantage could china take advantage of this than it could they be the big winner in all of this i mean we're talking of course about the second biggest economy in the world a huge buyer oil as well china will certainly benefit from from the current developments but i would i would argue that the biggest winner in the process will be russia the new phenomenon in iran is the emergence of russian investments and russian projects in the off for example about a month ago iran for the very first time awarded an upstream oil project to a russian front which they had never done that before they had awarded to two chinese two indians two europeans but never two russians russia. always gets smaller subcontracting service contracts but not try to

finances. how much money can the e.u. spend and who gets what what gets subsidized and what gets cut who are the winners and who are the losers. every seven years the e.u. budget marks a political struggle for money and power from brussels green party member of the european parliament helga to pose knows a thing or two about budget talks she's twice sat at the negotiating table. the toughest is the behavior of especially the finest ministers or their ambassadors to say we don't have any money we are not ready to pay we are not interested in the common goals of politics because we are only interested in our national politics it's always every country looking at those used to tour saw how much do i pay in as a country and how much do i get back. brecht's it is looming over the negotiations this time britain's departure from the e.u. will leave a gaping hole in the accounts of about ten billion euros a year how should this whole be filled should the budget be reduced as the austrian swedes and dutch suggest or a cuts to cost

early as november when american sanctions are due to be reinstated and his finance minister lashed out at washington's pressure on e.u. companies. it's good now we're going to the u.s. is the planet's economic policeman do you accept one way domination with no respect for international rules obviously europe's response must clearly be. good friday the european commission last a process aimed at preventing. being hit by u.s. sanctions under the plans european companies will be able to get compensation and loans if they are affected. let's bring in dr saeed sadek now he's a professor of political sociology very good afternoon to you what do you expect and i know that is pretty much doing it right now is just speaking about unveil his intentions but what do you expect to come from the u.s. secretary of state. i expect him to continue to seal all american policy in the middle east have worked and instability regime change different diplomatic terminology we have seen the american intervention in the middle east toppling. libya trying to topple assad in syria what is what happened in new york. after so what they are doing

early as november when american sanctions are due to be reinstated france's finance minister lashed out at washington's pressure on e.u. companies it's good more going to the us is the plan its economic policeman do you accept one way domination with no respect for international rules obviously europe's response must clearly be. on friday the european commission launched a process aimed at preventing you firms from being hit by u.s. sanctions and those plants european companies will be able to get compensation and even loans if they were affected besides financial measures diplomatic efforts are also in place if the energy commission and now in tehran on his first official visit to the country since trump pulled out of the accord on sophie shevardnadze as discussed the latest developments with going to the hogan former vice president of the european commission. because not except that the americans dictate the terms of the business the american policy of taking hostage other nations.

e.u. blocking statute poses a dilemma they could either stay in iran and risk their u.s. operations and possibly financing or they could leave iran and face penalties under the blocking regulations and a man on a wall street yes quote is standing by for us in new york of course yeah and it seems that with this statute europe is attempting to give up the red card will he be cowed by that whatsoever. well it really would surprise me if the u.s. president would be too impressed or even. reconsider we shouldn't forget why donald trump got out of the iran deal in the first place and striven by ideology and he has quite some backing here in the united states with conservative service evan jelly kills with the core of voters for donald trump by israel and then it really would be an interesting twist if those foreign companies would be compensated by the well at the end by european takes players for those sanctions from the u.s. president and is this dispute then having any impact on the u.s. economy right now. well directly i do not necessarily. i mean first of all besides some exceptions like boeing for example