now lisbon hopes a 78 billion euro e.u./imf rescue package will bring relief.in return, portugal must take tough austerity measures that include lowering pension payments and cutting public sector jobs. sales tax,, currently 23%, may have to rise further, and enterprises like the post office or the national airline are to be privatized. drastic measures, and trade unions have alrea pledged to fight em. the three main political parties say they are committed to perform and drastic austerity measures, but they disagree on where and how the painful cuts should be made. the debate has been bitter and ugly. amidst all the economic despair, there are places like the beach resorts which are doing relatively well. committed leadership at the local level that showed what is possible in the country. >> carlos is the merit of the town. as he strolls along the beach, and every citizen a purchase with a complaint. there are not enough sun parasols. one of the showers is not working. the mayor makes a quick call and the problem seems to be solved. this run-of-the-mill seen i

e.u. and the imf.ain and a 48-hour general strike looming on tuesday, there is widespread opposition. ministers will vote on the plan on wednesday. uncertainty over greece's future is hitting the markets. let's look at the numbers 90s into the day. we have been moving around actually, but really it's a sort of uncertain cautious time, i suspect. we are seeing slight gains there for the london ftse. and much smaller losses for the dax in particular for the acc and the zurich smi. clearly the markets, investors really like a cat a hot tin roof at the moment i would say with the greece issue. andrew? >> i reckon that's a description you could apply just about across the world at the moment, charles, as we watch and wait for greece. that's what happened here in asia today. possibility of a greek default obviously weighing heavy still on the markets as that three-day debate on the austerity measures gets underway. nikkei down by a little over 1%, not helped by a stronger yen. the hong kong hang seng do down

e.u. and the imf last year. >>> the chinese computer maker elnova - lenova is purchasing a german firm. they have been expanding its side of china at a speedy pace. >> this is where they want to grow, on the shelves of germany's big retailers. of the world's no. 4 computer maker has 7% share of the western european market, but in its 630 million bid to purchase the of the company, that share could grow substantially. the government is not expected to oppose the deal, and it would not be the first time the chinese company has grown by taking over a foreign business. in 2005, lenovo bought ibm's personal computer organizations. this buyout would be the first time a chinese investor had bought out -- bought out a prominent company here. chinese investors were repeatedly considers as potential stakeholders. the same goes for car maker opel. but those deals came to nothing, either because the target was not attractive enough or the political hurdles to hide. at this time there are no such obstacles. >> shares surged wednesday. we have more from frankfurt. >> after bad economic data in the un