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i do think the eu and the u.s. can complement each other and find that right balance and they should definitely do that together. >> because of what is happening in the u.k. right now with the news of the world issue, the see a strengthening of security issues when it comes to telecommunications policy? >> perhaps not directly related to what is happening in the u.k., but in general. we sometimes are led to believe that the internet has changed everything, but the fundamental rights of people have not changed. there is a lot of discussion in the u.k. of whether there is more regulation needed now, whether a special body should be developed. i think the judges and the rule of law should first do its work. there is a natural tendency that we see all over the world to have a strong reaction when something goes wrong. the same happens in cybersecurity discussions. we must also learn from the past. especially in the u.s., when we look back at the impact the war on terror had and the damage it has done when it comes to c

sanctions. >> i am wondering what leverage the eu has over syria.th sanctions put pressure on a sock at all? -- on assad at all? >> they have soft power. they do have influence. they have influence in the region. other countries were praised, such as turkey, for taking some kind of stand. it is difficult to see without a u.n. resolution, what could happen here. one thing that is coming is that members were told that the eu does keep some kind of contact going with civil society, with human rights groups in syria. they are helping in ways that he would not specify. he did not want to go into that because he said that would endanger lives in syria. >> thank you very much. >> thank you. >> that has been our "in- depth," report, syria's opposition standing firm alone. thank you for watching, thanks for the company, everyone.

tt:wútjyú7) jj$g@eú ")xqú!:9x tteú !)e. dú:w]< tteú !)fl tt>> your realtime captioner is linda marie macdonald. >>> we are just seconds away from wall street getting under way on this thursday morning. futures are slightly higher overnight. consumer prices are on the rise and may give them a little bump. two harbors just about to ring the bell. we'll get the early trading numbers from kcbs moneywatch reporter jason brooks coming up in 15 minutes from now. [ opening bell ] >> trading gets started on wall street. >> and they're off. >>> good morning, it's thursday, september 15. i'm grace lee. >> hi, everybody. i

over 60% of our exports go to the eu. it is quite clear that the european single market and the euro are essential to our economic success. >> even within her government, there are doubts about her approach to the crisis. her transport minister, a member of her bavarian coalition partners, have criticized the high cost of bailing out countries like greece. >> we cannot allow a rescue at any price without anything on the part of greece. >> in greece itself, the atmosphere is all the tile. these ship builders say there is no point in cutting the deficit if it wipes out economic growth. -- the atmosphere is volatile. >> the eurozone debt crisis has the world's central banks worry that they are turning on the money pump. >> there will be a sigh of relief. the central banks have announced they are taking ordination act -- coordinated action. this is seen as a strong and timely response to fears about such intervention, the crisis could trigger a european credit crunch. the european central bank, the bank of england, the bank o

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a 5% of germans believe that of germany's position is a reliance on a strong eu.about the same proportion wants a more were needed approach to european politics. and asked whether small member states should support the week, 66% say, no. >> we have to make a radical cut and start anew. a helping hand it merely postpones the inevitable. >> i think the banks have got to step up worldwide. >> what about money for increased? >> yes, a little bit. >> i would not give them anything. we have been a poor people in germany. the what do you think? >> i have no opinion on that. their mother is one thing germans are certain about -- >> one thing germans are certain about, three-quarters say players and the financial sector will decide the future and not politicians. >> as we heard, the eurozone debt crisis was in the background as the berlin election played out. chancellor merkel has been heavily criticized in some corridors on her handling of that. i asked our chief political correspondent whether the results in berlin could provide some comfort to merkel. >> the result is t

the head of the european commission warned that without greater unification, the eu would not be ableo face the financial crisis. caution comes just as president obama reiterated that europe was not dealing with its banking system as effectively as its needs to. it is a plan that the eu is to impose a new tax on the finance industry which has set off alarms for some. from berlin, here is the report. >> these are europe's days of anxiety, days of warnings and pressures. the president of the european commission said it was the worst crisis in 50 years and that the european project could only be saved by further integration. >> we need a truly community approach. we need to really integrate. we need to complete the monetary union with a real economic union. it might be necessary to consider further changes to the union. >> pressure, too, on britain, the eu is backing a tax on financial transactions. it could raise 50 billion euros a year. but the government believes it would damage to the city of london and would only agree to it if it was on a global basis. >> where do most financial tr

the eu faces the greatest challenge in its history, warns the commission president.ut one financial fix is not sitting well with everyone. chasing down colonel gaddafi as the libyan leader remains at large. speculation swirls over where he might be. >> it is said that he could be out there somewhere protected by a band of mercenaries. no one really knows. he simply vanished into the desert. >> trying to take a bite out of apple. amazon launches a new tablet computer with hopes the kindle fire will catch on. ♪ >> welcome to our viewers on pbs in america and also a round the globe. describing it as baptism by fire for a generation. the head of the european commission warned that without greater unification, the eu would not be able to face the financial crisis. caution comes just as president obama reiterated that europe was not dealing with its banking system as effectively as its needs to. it is a plan that the ec to oppose a new tax on the finance industry which has set off alarms for some. from berlin, here is the report. >> these are europe's days of anxiety, days

with the eu, ecb, and the imf. he has to show them some progress if they are to get a pending $8 billion loan. >> france's major banks are coming under more pressure. their share fyces have been in free fall since june and now major customers are jumping ship. -- their share prices have been in free fall since june. lehman's and the ecb have declined to comment. the bank of china has stopped trading at france's largest bank. this reflects a growing unease of french bank exposure to greet debt. >> six scientists have gone on trial in italy accused of failing to provide advance warning of a powerful earthquake in 2009. the quake devastated a city in central italy kelly more than 300 people. prosecutors said that the defendants gave incomplete information which left people unprepared. -- the quake devastated a city in central italy killing more than 300 people. if found guilty, they could face up to 15 years in jail. pope benedict will be returning to his native germany later this week for a four day visit. security i

the eu would not the will to face the financial crisis. this came as president barack obama reiterated that europe was not dealing with its bank system as effectively as they need to. there is a plan to set off a new tax on the financial transactions. >> these are europe's days of anxiety, days of warnings and pressures. the president of the european commission said it was the worst crisis in 50 years and that the european project could only be saved by further integration. >> we need a community approach. we need to really integrate europe. we need to complete the monetary union with a real economic union. it might be necessary to consider further changes to the treaty. >> if there was a treaty change, it would give the u.k. a chance to bargain over their relationship with the eu. there was pressure on britain today, the eu has decided to back a tax on financial transactions. this could raise 55 billion euros a year. this could damage the city of london. >> where are the financial transactions taking place? they take place in the city of

these are in line with commitments made in return for a $78 billion imf and eu bailout. german unemployment fell in august for a 26 straight month as hiring held up despite continued concerns about the eurozone debt crisis and the recent turmoil on the equity market. the german rate held at 7%. >> besides the usual boost in summer construction work, the german labor market has remained stable. most employers postponed any hiring and firing at this time of the year. some 2,945,000 people were unemployed in august with an overall rate of 7%. this is a welcome sign that the german economy is in good shape. >> for the moment, it is not as dynamic as it was. it is not as overwhelming as it was a few months ago but the economy is looking good with solid orders. the problem is finding enough qualified personnel. >> some 200,000 more people were employed in august compared to last year. analysts expect the current slowdown to stifle any further improvement in the unemployment figures in the coming months. >> light pole manufactures -- claim that it is just a coincidence that pri

the plaintiffs argued the bailout of debtor nations violated the german constitution and eu treaties. the decision was clear from the judge. but the justices also barred the government from going it alone in the future. the court ruled that parliament must debate and approve any more bailouts. in the bundestag, this came as a relief. it gave into lumber called the ability to continue her pro-iraq policies. -- it gave angela merkle the ability to continue her pro- euro policies. >> the euro is much more than a currency. >> she again dismissed calls for eurobonds, which would carry a single interest rates for all eurozone members. the opposition criticized her stance on the eurobond and called her government a failure. >> the european ship is drifting aimlessly. the world is waiting for berlin, but there is silence and this agreement in the coalition. that is not enough. the card just chasing the banks. they do not have the will to break the will of the financial markets. the dream coalition has become a nightmare for germany. the majority is disappearing. this chancellorship is obvious

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. -- the eu will see gris impose strict cost-cutting measures. >> greek texas drivers will be on strike, protesting the austerity budget. the majority of the greeks reject the savings measures and feel the you, most of all germany, is meddling in sovereign affair but there was general satisfaction with the court ruling. >> it should never have been argued before a court. that was a step too far. >> it is a very complicated issue. in the end, the simple people must pay the price. we greeks are being hit especially hard with wage cuts and high unemployment. i am also unemployed. >> most believe the budget cannot be cut more than it already has been. they're disappointed germany has taken so long to free up funds for the bailout package. >> will have more later in the journal. first, the impact on the financial markets, where there was a sigh of relief. >> the markets are certainly applauding the ruling. it gives political leaders in europe leeway to act. they are under increasing pressure to deal with that and the recession. as the debt crisis has deepened, market volatility has increase

a chance to bargain over its relationship with the eu. there was pressure on britain today, the eu has decided to back a tax on financial transactions. the fear is that a tax could damage the city of london. >> where do most financial transactions take place? they take place in the city of london. we will be stuck with the bill in order to prop up a currency which we declined to join. this is not our problem, we kept the pound. >> germany is keeping -- feeling the pressure. the chancellor is facing a rebellion over a crucial vote to expand the powers of the main bailout fund. >> it is not speak for the normal people because 80% would say no, this would not save greece with our money. >> this is more money to greece because a lot of german people need a lot of money. >> all the signs are that the vote would be very close. if there are more than 19 rebels, and to the market will be forced to rely upon the exit -- on the opposition. moving through the parliament corridors and you can hear anxiety that the markets will be closely eying this t

. >> the team of experts from the eu, ecb, an imf were supposed to review the austerity reforms right into next week, but there visit ended ahead of time. ñit is not yet clear why the review was put on hold. a statement released by the auditor says progress was being made, but that more technical information was required. the finance minister quashed rumors that the audit was called off over disagreements between the greeks and the debt inspectors. he did say that he was standing firm on certain issues. >> some positions are not negotiable for our government. we want to protect the interest of the greek economy as well as the hopes of the greek people, especially the young, for a better future. >> political pressure is mounting as the greek economy continues to shrink and a worsening recession makes it harder to meet 2011 deficit targets. after the summer break, athens once again became 8 be new for protests. on thursday, students filled the streets -- once again be camea venue for protests. the whole country fears of another round of belt-tightening is just around the corner. the nex

the acceptance of the eu is at an all-time low as well. recent polls do suggest more than 60% of germans now oppose for their belts. >> germany cannot always pay for everything and everyone. >> it is a bottomless pit. >> the german parliament began debating whether to support new plans for the bailout fund. angela merkel said she had been vindicated by the court decision and defended the single currency. >> the euro is the guarantee of the united europe. if the euro fails, europe fails. >> moving through parliament corridors, it is easy to find mps who are opponents of further bailout, even within her own party. >> i cannot agree to further bailout. we will face a huge burden and a gigantic risks for our future generations. >> the expectation here is that germany will have to make further loans and the future. the euro zone is heading toward a much closer economic integration. that is sparking anxiety as to what that will mean for democratic accountability. >> there is the prospect of the euro not managing to hold together. you are watchin

majority of people surveyed in eu countries said that the us is more important than asian countries, suggesting that the transatlantic relationship for europeans remains relatively strong. the poll also found that 75 percent of europeans approve of us president barack obama's handling of international affairs,... higher than the approval rating they gave their own leaders. oh jee-hyun, arirang the italian government has approved a package of austerity measures... as it attempts to balance its budget. the move is expected to be viewed positively by moody's when it reconsiders the country's credit rating later this week. park ji-won reports. in the midst of continuing uncertainty over greece's debt woes,... the italian parliament finally approved a 54 billion euro package of austerity measures on wednesday. the lower house passed the center-right government's austerity budget plans... that aim to balance the country's budget deficit by 2013. the package of tax

the commission president says the eu faces economic, political, social crisis but also a crisis of confidence. the european parliament has backed tough reforms to offer up

because it makes any joint action by the -- with switzerland because it makes any joint action by the eu impossible. >> the finance minister calls the deal a major step. if it takes the fact, it would generate 1.6 billion euros in tax revenues. others plan to stop the deal. >> a man is due to be executed in the u.s. tonight even though many people believe he may not be guilty of a crime he is allegedly committed. he was convicted of killing a policeman in 1989, but many questions have been raised about his trial. hundreds of thousands of people have backed his campaign for an appeal, but time seems to have run out. >> protesters in atlanta, georgia, are not giving up hope. but it is looking more and more likely that troy davis will be dead by morning. in an attempt, they said davis will take a polygraph test. officials turned that down. human rights groups insist that it is -- >> i can't believe they are allowing a person to go to his death even the serious doubts about his guilt remain unresolved. >> he was shot dead 22 years ago. witnesses have since recanted saying police pressured th

this was directed of inspectors from the eu, imf, and ecb. they came to athens to assess the spending. >> we are demanding that the government abolished the austerity plan. they support measures that are dragging us into poverty, both civil servants and private sector workers. >> the protests are unlikely to impact the work of the international inspectors. >> italy hopes to raise up to 40 billion euros by selling off real estate and other state- owned assets. the economics minister said that this could produce the red ink by 10 billion euros annually. they also plan to sell carbon emissions certificates to cut their debt. this is 20% of gdp, the second highest after greece. european commission's say sentiment in the eurozone has fallen this month. the dax ended the day ended the day up. the euro stocks closed up over one and a half percent. the euro is trading for $1.35. the cost-cutting campaign has moved up a notch. nokia has announced cutting another three and a half thousand. >> nokia is hanging up on romania. they will shut their plants

s main bailout -- the eu's main bailout fund. angela merkel is seen as europe's key leader. she could not count on her own side to win the vote, she risk humiliation -- if she could not count on her own side to win the vote, she risked humiliation. she walked across the floor as the chief whip told her that she had survived the crisis. >> i am really relieved. it was a very strong signal of chairman commitment -- german commitment to european integration and to the euro. >> what did germany's politicians agree on today? the expansion of the eu's man bailout fund to 440 million euros -- main belau fund to 440 million the bureau's -- main bailout fund to 440 million euros. rebels within her coalition have served notice that, if further demands are made on german resources, their support cannot be taken for granted. the german people may be less pleased with today's news. they are against further bailouts. many believe a much larger bailout fund will be needed in the future to protect some of europe's larger or economies. that might test angela merkel's leadership all over agai

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 will the markets say? maybe they will get used to that and start sliding again. then what will we do? so far, it is two trillion and rising. it is a problem for berlin. the vote thursday in parliamen

our top stories at this hour, the european commission president says that the eu is facing its greatest challenge ever as the european parliament adopts a new euro rules. human-rights groups calling on germany and other countries to take in thousands of refugees fleeing libya. no one, not even the state is above the law. the german court celebrates 60 years as guardian of the constitution. after spending billions of euros to bail out greece, ireland, and portugal, europeans have moved closer to a deeper economic form of integration. reforms passed by the european parliament paved the way for action to rein in governments with runaway spending. president jose manuel barroso has hailed the vote. he says that there will be a tax on financial transactions despite resistance from london and washington. >> the speech comes amid a crucial week for the european project. the commission president says the eu faces economic, political, social crisis but also a crisis of confidence. the european parliament has backed tough reforms to offer up confidence in the euro. the new measures center on deali

that is one reason other eu countries are willing to cough up debt.assily is a trained chef whose dreams of a seafront hotel or collapsing under the weight of bribes and delivery delays. these protesters are working 240 kilometers to the greek capital, athens. three 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 e

it's an informal meeting of the 27 eu finance ministers and central bank governors. they happen often and mostly go unnoticed. this time it's different. the fear of greece defaulting on its debt have shined a bright light on this gathering and brought u.s. treasury secretary timothy geithner back to europe for the second time in a week, to the delight of the meeting's host. >> i think it's very important that he's coming. you'll have to talk to him about his intentions. we're extremely pleased. we think it's very important we have an outside view. >> the polish finance minister says the euro zone only has a matter of months to try and restore confidence in the euro, the very foundation of the european union as an institution. >> this is why we have to really mobilize ourselves and make sure none of these threats materialize. >> talk will not help greece pay its bills. the country's leaders vow they will meet deficit targets in order to get an already agreed upon second bailout. europe's finance ministers here will be asked if their countries will keep pushing for inc

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