and the european union move forward in the coming years. i asked the president of the european school of management and technology here in berlin. if he shares the worry that long coalition talks will impact businesses. obviously it will take time therefore part is that have to come to a conclusion on where to go at the same time the economy is doing well all the parties have a rather stable view on what needs to be done the differences are also by international standards not too big so therefore i think there's no reason to worry birkenstocks slid downwards in monday trading that's with diplomatic tension increasing between the u.s. and north korea u.s. president donald trump said the country's leader kim jong un would be around much longer north korea replying that it has the right to take countermeasures and claiming the u.s. has been directly declared war on the country. so if each man skiis on wall street force so if the comments from north korea have made some investors cautious yeah well even if my say now that he didn't declare war on north korea it is not him to decide how he is going to take this comment but it is on n

brent: i asked to the president of the european school of management and technology if he shares theorry that long coalition talks will impact businesses. >> it takes time, therefore parties will have to make conclusions on where to go. the economy is doing well. the parties have a stable view of what needs to be done. the difference is not too big. there is no reason to worry. brent: air berlin's supervisory board has given the go-ahead for further talks with lufthansa and easyjet, giving hope to employees whose jobs are on the line. correspondent: the bank of berlin stated that negotiations with lufthansa and easyjet are being held until october 12. >> considering the difficult situation, i'm relieved to say that after our negotiations, we are on the way to achieving good job prospects with our bidders. correspondent: technical details will be thought out in the coming weeks and any deal will need approval from lawmakers. easykejet is only interested in parts of the passenger airline. the sales and should generate some 315 million euros. that is good news for the german taxpayer be

technologies of the future. so what direction is the german economy heading and i'm joined now in the studio by your host from the european school of management and technology here in the. and thank you very much for being with us this morning so tell us i mean the german economy it's doing quite well now but that's largely a result of some reforms that were made you know a decade ago and also just general economic conditions how long can germany rest on those laurels does it need to make the economy more competitive absolutely yes germany infect us very well unemployment rate is slow public that keeps decreasing everything looks very fine on the first place but at the same time it's very important to start picking up was reforms the last real reforms took place more than ten years ago in particular in the last election period over the last four years we've seen rather spending on social welfare then real reforms then investments and this is really what the new government needs to change it's incredible when we look at just the general picture of the economy internationally speaking i mean we've we've had financial crises and in the past deca

and the european union move forward in the coming years. and. joins me now he's president of the european school of management and technology based here in berlin thank you very much for coming in once again very busy. we could be set for long coalition negotiations should businesses be worried about this uncertainty not too much obviously it will take time there are four parties have to come to a conclusion on where to go at the same time the economy is doing well all the parties have a rather stable view on what needs to be done the differences are also by international standards not too big so therefore i think there's no reason to worry ok talking about international foreign countries often deplore germany for not spending enough to balance its huge plus in the balance of trade will this constellation of the top of german politics the so-called jamaica coalition that's been suggested will it make this spending investment inside germany any more likely i'm not sure about that so when we talk about the trade surplus for which germany has been criticized by a several international organizations also by its partner countries then we have to tak

and the european union move forward in the coming years. so we've. rated than others i asked the president of the european school of management on technology here. if he shows the worry that long coalition talks will impact businesses. obviously it will take time therefore potus that have to come to a conclusion on where to go at the same time the economy is doing well all the parties have a rather stable view on what needs to be done the differences are also by international standards not too big so therefore i think there's no reason to worry . evelyn's supervisory board has given the go ahead to further acquisition talks today the bankrupt line is meeting with love tons and easyjet discussions are giving hope to eight thousand employees whose livelihoods are on the line a deal for the future of air berlin is taking form the bankrupt airline stated after a board meeting on monday negotiations with lufthansa and easyjet are being held until october twelfth. comedy. considering the difficult situation i'm relieved to say that after our negotiations we are on the way to achieving good job prospects for around eighty percent of our colleagues are