receptions are all cancelled the pandemic threatens the livelihood of champagne producers like eve cooper or will be he could walk you through pretty thick all wine regions are in trouble at the same time we're in a global crisis and the whole industry is affected what is certain however is that what is not consumed during a certain period is no longer consumed later. the government is sensitive to the plight of the wine growers it's introduced an aid package worth 250000000 euros in alsace alone several 1000000 liters of excess wine are being distilled to make way for the new harvest this would normally be unthinkable but during the pandemic there's no alternative but to pour off the precious wine some will be distilled into ethanol for disinfectant. when you look we're only doing this because we have no alternative but it hurts deeply to see the wine go like this. the wine growing center is worried the mayor of middleware wants more support. to know if you don't want to give up the government aid wasn't immediately ready but of course it did help to pay the bills the economy naturally t

receptions are all cancelled the pandemic threatens the livelihood of champagne producers like eve cooper will. be good want you to put it all wine regions are in trouble at the same time we're in a global crisis and the whole industry is affected what is certain however is that what is not consumed during a certain period is no longer consumed later. the government is sensitive to the plight of the wine growers it's introduced an aid package worth 250000000 euros in alsace alone several 1000000 liters of excess wine are being distilled to make way for the new harvest this would normally be unthinkable but during the pandemic there's no alternative but to pour off the precious wine some will be distilled into ethanol for disinfectant. when you look we're only doing this because we have no alternative but it hurts deeply to see the wine go like this. the wine growing center is worried the mayor of middleware wants more support. the government aid wasn't immediately ready but of course it did help to pay the bills the economy naturally this wasn't directed aid it was indirect assistance we

eve mercer saying he does not think the ecb should be using emergency measures retroactively, that is to say with previous bond buying programs. let us bring that to laura cooper right now. how significant do you think these ecb comments are? >> what this is telling us as we are seeing mixed messaging across policymakers. if you look at how the euro is responding, it is because we look at comments yesterday from the ecb. pennetta suggested more stimulus is needed. that it is better to have more stimulus to prevent downside risk materializing than it is to actually have any kind of withdrawal earlier. it captures the divisions within the ecb and the challenges ahead. questions ultimately whether this indefinite stimulus is likely baked in, providing this floor to stock. that could be challenged. the fact we are seeing this mixed messaging. mixedin terms of messaging, what do you think of the latest out of the fed? jerome powell has made his case very clear. he says there is a need for more fiscal stimulus. he told us what he think's about low interest rates. on both of those he seems to be contradicted by the fed, whether that is around fiscal need or interest