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Sep 26, 2017
09/17
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this is something the fdp used. there was a situation where we said the christian democratic union have one vote more or less is not important. it is more important that there be a shift and change in the political landscape. many had hoped we could form a coalition with just the cdu and the fdp. i am not going to spend all of my time analyzing what happened on what day in the past. from where i am standing, after the tv showdown, we were in a different situation. it is certainly not the case that i did not engage with issues. it remains the case, more than ever before, the view that the german election system of having lead candidate is more interesting to have debates between all of these candidates, not tv showdowns by the two biggest. there were other tv showdowns, by the way. for me, it was easy to name the differences between our party and the spd, and the spd found it very easy to name the differences to our party. but whether i am responsible for all of this -- i mean, so be it. i take the responsibility, th
this is something the fdp used. there was a situation where we said the christian democratic union have one vote more or less is not important. it is more important that there be a shift and change in the political landscape. many had hoped we could form a coalition with just the cdu and the fdp. i am not going to spend all of my time analyzing what happened on what day in the past. from where i am standing, after the tv showdown, we were in a different situation. it is certainly not the case...
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Sep 25, 2017
09/17
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CSPAN
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the fdp and the greens are the likely coalition partners. fdp in their press conference were quite gnomic, playing their cards close to the chest. the greens have said they are interested, and the spd has said, we are not. angela merkel -- it takes a bit b a moral lack male -- lackmail there. she said, it is important for all of us to ensure that germany has a stable government. regardless of what you are thinking on an individual basis, this is the goal -- a stable, prosperous germany. >> she is trying to put the andal democrats up there, remind them of their responsibility. by way of the numbers, there is only two options. one has been unilaterally ruled out of the social democrats last night, for reasons of their own party's health and future. not a responsibility of governing the country. that is a responsibility towards your party, towards your party base. she has been reminding that in that it isconference upon every one of those who have been elected last night to form a stable government. therefore, she wants to invite the social dem
the fdp and the greens are the likely coalition partners. fdp in their press conference were quite gnomic, playing their cards close to the chest. the greens have said they are interested, and the spd has said, we are not. angela merkel -- it takes a bit b a moral lack male -- lackmail there. she said, it is important for all of us to ensure that germany has a stable government. regardless of what you are thinking on an individual basis, this is the goal -- a stable, prosperous germany....
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Sep 24, 2017
09/17
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BBCNEWS
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if the fdp were to go into coalition with angela merkel‘s cdu, along with the greens, the fdp has been union may seek to do. little earlier, we heard from president macron who said look, if the fdp are involved in angela merkel‘s coal ilks, it's a disaster for the eu angela merkel‘s coal ilks, it's a disasterfor the eu reforms i'm proposing, so this is the potential significance. if f the social democrats are saying, we want to be an opposition party, that leaves by far the most freedom demolition, put all the parties together and it's ha rd all the parties together and it's hard the see how angela merkel will emerge from that coalition, pushing as hard as e—manuel macron is for radical reform of the european union and how it works. we'll have to see how it all plays out. let's turn back to what is undoubtedly the story of this projected election result, the afd, right—wing nationalists coming in as the third biggest party projected to get 13%. one of the most high profile representatives of the afd spoke earlier. i would representatives of the afd spoke earlier. iwould also like repre
if the fdp were to go into coalition with angela merkel‘s cdu, along with the greens, the fdp has been union may seek to do. little earlier, we heard from president macron who said look, if the fdp are involved in angela merkel‘s coal ilks, it's a disaster for the eu angela merkel‘s coal ilks, it's a disasterfor the eu reforms i'm proposing, so this is the potential significance. if f the social democrats are saying, we want to be an opposition party, that leaves by far the most freedom...
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Sep 22, 2017
09/17
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BLOOMBERG
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matt: but the fdp is polling behind the linke. we can probably see at the moment that the afd is slightly ahead, then the ftp -- fdp and further behind the green. if we get another grand coalition, then of course, whoever is the third strongest party will be opposition leader and that will be a key point. matt: what could the afd -- a lot of people are interested because it is one of the first times since world war ii you have a far right party in parliament. what could the afb in the opposition do? what could the opposition party yield? rainer: it is a really big stage for the party. they have failed in 2013 to make it narrowly. they will have a voice and as the opposition party, traditionally, they will do a lot of power. for example, traditionally, the biggest opposition party gets the chair of the powerful budget committee, which is now held by the left party. question is will discontinue or not? also, outside parliament, as the advisory board. it could make a difference. unimportantnot an position. nonetheless, the markets ar
matt: but the fdp is polling behind the linke. we can probably see at the moment that the afd is slightly ahead, then the ftp -- fdp and further behind the green. if we get another grand coalition, then of course, whoever is the third strongest party will be opposition leader and that will be a key point. matt: what could the afd -- a lot of people are interested because it is one of the first times since world war ii you have a far right party in parliament. what could the afb in the...
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Sep 29, 2017
09/17
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BLOOMBERG
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i expect the next german finance minister to go from the fdp party.arliament four years ago. is then reason for this government before was not able to push through the agenda, because it was avoided by the finance mr. schaeuble. they have to in command of the finance ministry to put through anything of the program. i expect the next finance minister to come from the ftp liberal party. -- fdp party. matt: schaeuble has been promising tax cuts for the middle class. reform expect real tax germany? be askedquestion could about the u.s., and it seems to be just as unlikely. joerg: when it comes to all ,ther areas of policy environmental, european union integration, they are different as far as the three parties are concerned. when it comes to tax cuts, all three parties more or less promise to cut taxes, therefore something will come, but do not expect a pronounced one. matt: thank you so much for your time. joerg kraemer, chief economist from commerzbank coming to us from frankfurt. remember, if you were a bloomberg customer, you can watch the show using
i expect the next german finance minister to go from the fdp party.arliament four years ago. is then reason for this government before was not able to push through the agenda, because it was avoided by the finance mr. schaeuble. they have to in command of the finance ministry to put through anything of the program. i expect the next finance minister to come from the ftp liberal party. -- fdp party. matt: schaeuble has been promising tax cuts for the middle class. reform expect real tax germany?...
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Sep 18, 2017
09/17
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CNBC
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take a listen. >> the fdp is and always has been the european party in germany. for us it is perfectly clear that the future is europe, but it has to be a europe of law, liability, clear rules and responsibility for us it is beyond dispute that the european union has to be strengthened in major areas such as the protection of the external borders, the realization of a digital single market, the cooperation between security authorities and energy policy for example i am also open to strengthening the investment condition and also to joint european initiatives in this context. but what is unimaginable for us are the proposals for a eurozone budget that are currently discussed, which would be fed by money pipelines from germany from which the consumption of other countries would be financed so to form a financial compensation would not make europe stronger but on the contrary would increase the centrifugal forces it would become losers and they would stand up against us. >> in other words, that would be also more or less wolfgang scheuble and if you make it into gov
take a listen. >> the fdp is and always has been the european party in germany. for us it is perfectly clear that the future is europe, but it has to be a europe of law, liability, clear rules and responsibility for us it is beyond dispute that the european union has to be strengthened in major areas such as the protection of the external borders, the realization of a digital single market, the cooperation between security authorities and energy policy for example i am also open to...
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Sep 25, 2017
09/17
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BLOOMBERG
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and the fdp,e cdsu you still have an absolute majority.gest opposition party is fdp, not afd, which matters. number three, the negotiations for the so-called jamaica betnership are going to close, because on some issues, the greens and the fdp do not see eye to eye. beyondave to say that, short-term uncertainty, as the to say, the ethics of responsibility tends to dominate in germany. therefore, mr. macron's anger will be that he does not want to angle willmacron's be he wants to see a better europe. best whether germany's interest is for more european construction. he will need to have convincing arguments. ofx: didier saint-georges carmignac and erik nielsen of unicredit, who i do not think slapped, wilson with us. , we will talk about wti versus spread. this is bloomberg. ♪ david: this is bloomberg." -- this is bloomberg. between the president and nfl players. roger goodell called the president's comments divisive and showed an unfortunate lack of respect for the nfl. reporter of staunch donald trump, was equally harsh. he said, "i am d
and the fdp,e cdsu you still have an absolute majority.gest opposition party is fdp, not afd, which matters. number three, the negotiations for the so-called jamaica betnership are going to close, because on some issues, the greens and the fdp do not see eye to eye. beyondave to say that, short-term uncertainty, as the to say, the ethics of responsibility tends to dominate in germany. therefore, mr. macron's anger will be that he does not want to angle willmacron's be he wants to see a better...
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Sep 7, 2017
09/17
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we have the free democrats, the fdp. we have the free democrats, the fdp.munist party that came out of the communist party in east germany, die linke, and on the right you have the alternative for germany, the afd, with their anti—immigration and anti—islam policies, which i came to look at here earlier. we will have to see what effect their policies have on a coalition, but we do know that immigration is a significant issue. you might think that is as maybe but what should i care when the polls suggest angela merkel will get a fourth term and we know that she will stay in power. there are a few reasons. she is a hugely significant player in terms of the world's responds to a number of major issues. on climate change, outside source was at the g20 watching angela merkel shape the world's response to that while donald trump went his own way. on the future of the european union you could argue there is no more significant figure. and for those of you watch on the bbc news channel we also need to take note of brexit, because nothing the eu does in those negoti
we have the free democrats, the fdp. we have the free democrats, the fdp.munist party that came out of the communist party in east germany, die linke, and on the right you have the alternative for germany, the afd, with their anti—immigration and anti—islam policies, which i came to look at here earlier. we will have to see what effect their policies have on a coalition, but we do know that immigration is a significant issue. you might think that is as maybe but what should i care when the...
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Sep 17, 2017
09/17
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if it's the fdp, the fdp leader christian lindner is reasonably sympathetic to britain, has counselled to leave the european union, so i think it would be good news from the brexit negotiation point of view. but gisela, a lot of people have a very different view on this. labour peer lord liddle said "those who expect a triumphant angela merkel to rescue the british coals from the fire are living in the fantasyland that the british have inhabited since lastjune's brexit vote." what did you make of that? well, let's deconstruct this statement. i think british hopes that angela merkel would ever come to their rescue didn't amount to anything when david cameron thought she would be the great saviour in his re—negotiations, nor now. angela merkel will defend german interests. and in as much as german interest depend on good trading relationships, i think we will have these negotiations, but also, there will be a big battle in terms of the european union and fiscal transfers which angela merkel will have to hold the line. 0k. so, i think the best thing that can happen for all of us is wants
if it's the fdp, the fdp leader christian lindner is reasonably sympathetic to britain, has counselled to leave the european union, so i think it would be good news from the brexit negotiation point of view. but gisela, a lot of people have a very different view on this. labour peer lord liddle said "those who expect a triumphant angela merkel to rescue the british coals from the fire are living in the fantasyland that the british have inhabited since lastjune's brexit vote." what did...
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Sep 26, 2017
09/17
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the fdp, not exactly on board with mr. macron's idea.ot a paper out of the finance ministry, suggesting that maybe germany really, in terms of the body politic, is not completely convinced either. that could be a factor behind the euro weakness. tom: we will touch on that during this hour. for now, here's taylor riggs. reporter: the united states national security advisor has gamed out four or five scenarios. some are uglier than others. u.s. officials dismiss as absurd the north korean foreign minister's comments that the trump u.n. speech amounted to a call to war. he expects the house will approve a house built in november. two people who attended the gathering say trump did not specify many details, but he and legislative leaders point to roll this out tomorrow. meet donaldy will trump the white house today. you try to open ballot stations for an illegal up to vote on of independence. it is the biggest challenge for the country's constitution in more than three decades. macron the main proposals for reshaping europe later today. he n
the fdp, not exactly on board with mr. macron's idea.ot a paper out of the finance ministry, suggesting that maybe germany really, in terms of the body politic, is not completely convinced either. that could be a factor behind the euro weakness. tom: we will touch on that during this hour. for now, here's taylor riggs. reporter: the united states national security advisor has gamed out four or five scenarios. some are uglier than others. u.s. officials dismiss as absurd the north korean foreign...
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Sep 1, 2017
09/17
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CNBC
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there are very different outcomes, that's why we think from a greek perspective the fdp's performance has to be watched closely. we think even if the fdp would make it with the cdu above 50%, that, yes, germany would take on a more conservative tone towards periphery including greece but that the debt relief in summer 2018 would still take place, even with tougher terms for greece >> ricardo, tell us briefly as we are coming up to a break, what does this mean for your view on how investable greek bonds are at this point? >> investment grade bonds. yeah for investment grade bonds in the eurozone, keet the key is tb outlook. the euro/dollar exchange rate was mostly flat. nonetheless it hit 1.20 this week so we'll have to see what this means for the rate expectations, policy rate expectations out of the ecb. we have the press conference next week. we believe that the euro/dollar has crossed a line, a red line with 1.20, and this will trigger policy reaction from the ecb what does this completely mean it means that the normalization of policy will take longer than expected the program is
there are very different outcomes, that's why we think from a greek perspective the fdp's performance has to be watched closely. we think even if the fdp would make it with the cdu above 50%, that, yes, germany would take on a more conservative tone towards periphery including greece but that the debt relief in summer 2018 would still take place, even with tougher terms for greece >> ricardo, tell us briefly as we are coming up to a break, what does this mean for your view on how...
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Sep 26, 2017
09/17
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KCSM
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angela merkel has some unlikely bedfellows, pro-business fdp and the greens. >> she is facing oppositionrom her own party. we are seeing more pressure from the more bavarian sister party to go in a direction that is not in line with the greens. the greens quite liberal on a number of issues like immigration. these three potential partners are going to be taking out their programs to see where there are possible areas of compromise and where there are deep divisions. one of the decisions will be on the approaches to european union integration. the business friendly free democrats have made a lot of noise about having a much less integration friendly policy. it would torpedo good cooperation with the new president of france. it could be difficult with that kind of a coalition. brent: will we even have a new government come christmas? and if not dare i mention the word new elections? >> she was asked if we can get there by christmas, she expressed optimism. there is differences between these parties. some of that could have been tactics. it is possible the democrats could roll back on their
angela merkel has some unlikely bedfellows, pro-business fdp and the greens. >> she is facing oppositionrom her own party. we are seeing more pressure from the more bavarian sister party to go in a direction that is not in line with the greens. the greens quite liberal on a number of issues like immigration. these three potential partners are going to be taking out their programs to see where there are possible areas of compromise and where there are deep divisions. one of the decisions...
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Sep 26, 2017
09/17
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CNBC
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the german election result i think the possibility of future liability sharing has done down with the fdp likely to coming into any cole lying it makes sense that you saw a bid for german paper i think what's more interesting, if you did have any crisis related blow-up or event, like italian elections coming up a risk event, there's a soft cap there on yields. also in the short-term it's difficult to see 100 bits being broken in the spread of spain over germany this day factor, liability sharing has taken a back seat. >> macron will be holding his important speech tonight that was going to be the centerpiece of his new legislation for europe he was hoping for more burden sharing for a eurozone budget, for the eurozone finance minister merkel can't commit to any of this, she hasn't built her coalition yet. it might be many, many weeks before that comes to fruition. do you think he's franticly rewriting his speech do you think he'll stick to his guns and what he was planning to do i guess there's more uncertainty about what he can expect from angela merkel. >> i guess he'll stick to his gun
the german election result i think the possibility of future liability sharing has done down with the fdp likely to coming into any cole lying it makes sense that you saw a bid for german paper i think what's more interesting, if you did have any crisis related blow-up or event, like italian elections coming up a risk event, there's a soft cap there on yields. also in the short-term it's difficult to see 100 bits being broken in the spread of spain over germany this day factor, liability...
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Sep 25, 2017
09/17
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BLOOMBERG
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cannotng worthy fdp water down too much. matt: one thing that he told me is he wants to see germany selling a stake in deutsche telekom and privatizing other stakeholders an owner to fund digitalization and infrastructure investment. what do you think of that as a strategist? there would have huge market implications. the fdp is positioning itself for some kind of negotiation where they say this is something they could water down. i don't see that happening with the cdu. it is a bit tricky to see that at the current stage. those are some the claims where they would be saying women to push that very commonly because that is not too much of an issue. around., stick , here's need to know the bloomberg business flash. juliette: abb has agreed to buy general elections industrial solutions business in a deal valued at $2.6 billion. --will strengthen abb's supply relationship between the companies for abb products. has the potential for annual cost energy from 2 million dollars in expected to close in the first half of next year. u
cannotng worthy fdp water down too much. matt: one thing that he told me is he wants to see germany selling a stake in deutsche telekom and privatizing other stakeholders an owner to fund digitalization and infrastructure investment. what do you think of that as a strategist? there would have huge market implications. the fdp is positioning itself for some kind of negotiation where they say this is something they could water down. i don't see that happening with the cdu. it is a bit tricky to...
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Sep 24, 2017
09/17
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BBCNEWS
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both the greens and the left get about 9%, and the fdp. about 7%.ats in the new bundestag would look like. with the letters, here isjenny hill. we will not hear from jenny hill. we will not hear from jenny hill. -- hill. we will not hear from jenny hill. —— latest. we do not need to hear from hill. —— latest. we do not need to hearfrom jenny hill. hill. —— latest. we do not need to hear from jenny hill. we are talk about brexit, instead. jeremy corbyn has resisted calls to pledge to keep britain in the civil market after brexit. at their annual conference, 30 mp5 brexit. at their annual conference, 30 mps signed a letter to both the government to pledge to stay in. but jeremy corbyn told them that the protection of jobs could jeremy corbyn told them that the protection ofjobs could be hampered by the civil market. there were no resolutions on brexit chosen to debate. laura kuenssberg reports. more a victory party than a conference. the song, and thousands upon thousands of members, dedicated to him. he's the winner here, even though labour did not w
both the greens and the left get about 9%, and the fdp. about 7%.ats in the new bundestag would look like. with the letters, here isjenny hill. we will not hear from jenny hill. we will not hear from jenny hill. -- hill. we will not hear from jenny hill. —— latest. we do not need to hear from hill. —— latest. we do not need to hearfrom jenny hill. hill. —— latest. we do not need to hear from jenny hill. we are talk about brexit, instead. jeremy corbyn has resisted calls to pledge to...
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Sep 25, 2017
09/17
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BBCNEWS
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let's speak to ria schroeder, incoming fdp mp. congratulations on your party's results.lk the chancellor? yes, we are very pleased with the results, but they are very busy and interesting times. what do you want from the chancellor in exchange for coming into government? we are focusing on severe changes in terms of education, digitalisation. those are topics, immigration also, where we want something from the city, from the chancellor. i want the for 7 7 and refugees that came here integrated, egg—”5,23? f "sewed. language i “sewed. language and got the job, “sewed. language and got thejob, we to give them 1.7 to give them the . f to g them the chance to stay germany. them the chance to stay germany. doesn't e chance to stay germany. doesn't e chi already itay in germany. doesn't that already exist? not that much, it's not like a real immigration law. it is only small, kinds of different laws. we wa nt to small, kinds of different laws. we want to have a real law that welcomes, it invites people to come to germany. the french president, emmanuel macron, was very negativ
let's speak to ria schroeder, incoming fdp mp. congratulations on your party's results.lk the chancellor? yes, we are very pleased with the results, but they are very busy and interesting times. what do you want from the chancellor in exchange for coming into government? we are focusing on severe changes in terms of education, digitalisation. those are topics, immigration also, where we want something from the city, from the chancellor. i want the for 7 7 and refugees that came here integrated,...
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Sep 1, 2017
09/17
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BLOOMBERG
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that is something the fdp is certainly against.p would only be forgiving a haircut if they could throw them out of the eurozone. tom: matt miller, thank you. james sweeney with credit suisse will do us a solid on jobs day. carl riccadonna with tv . you can see the trading desk. that is a bowtie. i will pick that one out today. gasoline ind america, and you can feel that chart. stay with us. this is bloomberg. ♪ tom: you will be briefed at 8:30 a.m. on jobs day. guy johnson in london, tom keene in new york. let's start our pre-briefing now. let's go to the chart. the unemployment rate. long-term,rs, the structural, almost deleted go to the harbor of 2008, much like what we saw, down here is 4%. nobody thought we would get there. we are getting there fast, and , a 3%ome outliers unemployment rate in three years. that is enough fodder for conversation. we can do that with james sweeney of credit suisse. you are not usually in until 8:00 a.m., carl riccadonna, but on jobs day, your brilliant bloomberg intelligence note, it is above
that is something the fdp is certainly against.p would only be forgiving a haircut if they could throw them out of the eurozone. tom: matt miller, thank you. james sweeney with credit suisse will do us a solid on jobs day. carl riccadonna with tv . you can see the trading desk. that is a bowtie. i will pick that one out today. gasoline ind america, and you can feel that chart. stay with us. this is bloomberg. ♪ tom: you will be briefed at 8:30 a.m. on jobs day. guy johnson in london, tom...
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Sep 25, 2017
09/17
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BBCNEWS
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which probably means the cdu joining forces with the fdp and the greens. the afd have 94 seats. because there was no stop in the refugee politik. it was all too quick, and she didn't say, like, 0k, we stopped at that and that number. translation: it's ok for people to come to germany when they really need help. translation: i think we should give the afd a chance to see they are really for the state and everyone. well, what next for the alternative for germany? their spokesman hugh bronson has been speaking to our colleague, ros atkins, in berlin. frauke petry has left the party in part because of its tone. do you think there are times when the afd uses language which is unhelpful to germany and unhelpful even to its own cause. i believe in both. i believe first and for most, she didn't leave the party because of the tone, she left the party because she had personal issues, that is one thing. the other thing is, there are certainly wasn't utterances made by some were positives in the afd that didn't help the cause. instead of talking about politics, instead of talking about what
which probably means the cdu joining forces with the fdp and the greens. the afd have 94 seats. because there was no stop in the refugee politik. it was all too quick, and she didn't say, like, 0k, we stopped at that and that number. translation: it's ok for people to come to germany when they really need help. translation: i think we should give the afd a chance to see they are really for the state and everyone. well, what next for the alternative for germany? their spokesman hugh bronson has...
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127
Sep 24, 2017
09/17
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BBCNEWS
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the left get 8.9 per cent, the greens 8.9 per cent, the liberal fdp 10.5 per cent, and the right—wing per cent. and this is what the distribution of seats in the new bundestag would look like. these are all projections, not confirmed seats. but it is very obvious, isn't it? first of all no party has an overall majority, deals will have to be done and on alternative are generally goes from no representation to significant representation. if angela merkel wa nts representation. if angela merkel wants evidence of challenges ahead in negotiations, the free democrats, one of the parties who she will be looking to talk to, have said they have a number of priorities here, the eu must not bail out other states failures. it also talks about the cdu, social democrats and greens being indistinguishable and that its supporters want a different politics. already there is tough talk on these negotiations are likely to be long and detailed. let's get a full report now on the election so far with our berlin correspondentjenny hill. angela merkel knew she'd win this election, but it's not the victory
the left get 8.9 per cent, the greens 8.9 per cent, the liberal fdp 10.5 per cent, and the right—wing per cent. and this is what the distribution of seats in the new bundestag would look like. these are all projections, not confirmed seats. but it is very obvious, isn't it? first of all no party has an overall majority, deals will have to be done and on alternative are generally goes from no representation to significant representation. if angela merkel wa nts representation. if angela merkel...
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Sep 25, 2017
09/17
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BBCNEWS
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and one of the small parties, the head of the fdp, has been most influential when it comes to brexitee if they have any influence during the debates that continue on brexit this week. thank you. labour has promised to review all pfi contracts has promised to review all pfi co ntra cts if has promised to review all pfi contracts if it is re—elected. the pledge to the party conference in brighton came as keir starmer suggested that the uk could remain in the single market and some form of customs union following its departure from the european union. some delegates criticised the leadership during a passionate debate at the party conference. eleanor garnier reports from brighton. all smiles as they try to put on a united front but there is no hiding it. it is plain for all to see. divisions in labour over brexit once again coming to the fore. what i wa nt to again coming to the fore. what i want to do first of all congratulate conference. yesterday you voted away your chance to remain in the single market. you voted away your chance to stay in the eu. you have as much chance of stoppin
and one of the small parties, the head of the fdp, has been most influential when it comes to brexitee if they have any influence during the debates that continue on brexit this week. thank you. labour has promised to review all pfi contracts has promised to review all pfi co ntra cts if has promised to review all pfi contracts if it is re—elected. the pledge to the party conference in brighton came as keir starmer suggested that the uk could remain in the single market and some form of...
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Sep 30, 2017
09/17
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BBCNEWS
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because there is only one option and this is the so—called jamaica coalition between the cdu, black, the fdpd the greens. but it is going to take quite some time to form this coalition. the latest poll is saying around 60% of germans want this coalition. so there is quite a lot of pressure on the chancellor and everybody else, especially the csu, which is the bavarian branch of the cdu. they lost a lot of votes last sunday and they do not want to compromise now because they have another election coming up next year. they feel there has been too much compromising. and especially the greens, who are pro—refugee, who are pro—eu and in the sense of what the bavarians don't like. more money to southern states, so it's going to be very difficult but there's another thing that will put pressure on them, which is the afd, the right wing party. so, i think there is a sense in germany that we need to form a coalition, a solid one, soon, because the majority have in mind 88% of the people did not vote for afd, they see this as a threat. maria, in terms of how it is perceived in the rest of europe, as m
because there is only one option and this is the so—called jamaica coalition between the cdu, black, the fdpd the greens. but it is going to take quite some time to form this coalition. the latest poll is saying around 60% of germans want this coalition. so there is quite a lot of pressure on the chancellor and everybody else, especially the csu, which is the bavarian branch of the cdu. they lost a lot of votes last sunday and they do not want to compromise now because they have another...
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the fdp, the greens, csu maybe do not agree on all of the issues, how difficult of a balancing act willhat are the far-reaching consequences for the business community? a very good question. it will be very difficult to find a compromise. the greens want multicultural economy, population, with lots of immigration. their main theme is environmental issues. they will insist on environmental policies, and they will get it. the liberal party is very rescueal about the euro operations. mrs. merkel has no choice. she basically has to find an agreement with them. what it means for the markets is probably not good news. thank you, sir, for joining us. we have to finish because the show is coming to an end. former president of the ifo institute for economic research. this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance
the fdp, the greens, csu maybe do not agree on all of the issues, how difficult of a balancing act willhat are the far-reaching consequences for the business community? a very good question. it will be very difficult to find a compromise. the greens want multicultural economy, population, with lots of immigration. their main theme is environmental issues. they will insist on environmental policies, and they will get it. the liberal party is very rescueal about the euro operations. mrs. merkel...
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Sep 15, 2017
09/17
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fdp has been the favored party with merkel leading so much in advance over the spd, i think there's a real potential that the liberals can get strong enough again with lintner to be the coalition partner. >> we are running out of time. great to see you maybe we'll see you next week in berlin >>> coming up on the program, deal or no deal for daca we'll fill you in on the latest from the white house >>> welcome back to "street signs. i'm sri jegarajah. >> i'm carolin roth. here are the headlines >>> sirens in japan as another north korean missile flies over the country. japanese prime minister shinzo abe calls the test absolutely unacceptable >>> stock markets in asia and europe seem unfazed by the move while safe haven assets only briefly catch a bid. >>> london police and ambulance services are on the scene of an incident at parsons green station amid unconfirmed reports of an explosion on a train >>> renault-nissan targets annual sales of 14 million vehicles, by 2022 as the automaker lays out its bullish six-year strategy. and ceo carlos ghosn tells cnbc he is confident in the french
fdp has been the favored party with merkel leading so much in advance over the spd, i think there's a real potential that the liberals can get strong enough again with lintner to be the coalition partner. >> we are running out of time. great to see you maybe we'll see you next week in berlin >>> coming up on the program, deal or no deal for daca we'll fill you in on the latest from the white house >>> welcome back to "street signs. i'm sri jegarajah. >> i'm...
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Sep 25, 2017
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thought that even if it's likely that we get a coalition, that there's coalition between the green, the fdp, that's likely to be formed. if it takes a long time, that would be a good reason for the euro to drift lower over the course of this week. it'll play lower that won't help get any deals done between the u.k. and european union. >> it is interesting to watch the reaction it's hard to extrapolate what the policy implications, both fiscal and mon be tear ri policy are for this new unchartered territory, whether it's in germany, in the united states in places like france and what that's going to mean for the actual market. how do you figure that out >> yeah. i think that's right essentially paralyzes government a little bit the pass on this desire for some voters to want more control over borders, concern about immigration, more populism it doesn't affect monetary policy it doesn't affect fiscal policy. it fractures the order that we have and you said earlier, we've seen what the reaction was to president trump being elected. much of that reverses after a while. i think it's easier to se
thought that even if it's likely that we get a coalition, that there's coalition between the green, the fdp, that's likely to be formed. if it takes a long time, that would be a good reason for the euro to drift lower over the course of this week. it'll play lower that won't help get any deals done between the u.k. and european union. >> it is interesting to watch the reaction it's hard to extrapolate what the policy implications, both fiscal and mon be tear ri policy are for this new...
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Sep 5, 2017
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and that is what the people from the business camp, of course, see more likely, with a cdu/fdp liberal coalition this will happen, of course that's up in the air. in looking at the polls, they could have little majority if that's going to happen on the 24th of september we don't know yet. we will watch it carefully back to you. >> we are waiting with bated breath thank you very much for that >>> the number of european banks considered to be in danger increased sharply last year. according to a report by bane, 31 lenders were in the weakest category in 2016 compared to 23 the year before. this despite efforts by lenders to strengthen balance sheets and sure up profits. banks in southern europe fared the worst. >>> speaking at the forum over the weekend, the ceo of unicredit told cnbc there is no systemic risk for italian banks. >> what is happening in the first half of the year is very important for the italian banking sector thanks to the government action, and i think the government did the right thing in terms of rescuing on one side what is left to do is minor. and there's no more s
and that is what the people from the business camp, of course, see more likely, with a cdu/fdp liberal coalition this will happen, of course that's up in the air. in looking at the polls, they could have little majority if that's going to happen on the 24th of september we don't know yet. we will watch it carefully back to you. >> we are waiting with bated breath thank you very much for that >>> the number of european banks considered to be in danger increased sharply last year....
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Sep 25, 2017
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of course, we are looking to talk with the fdp and the green, but i will also add that we are -- also want to talk with the sdp. it is important that we have a stable and good government in germany. >> germany's far right anti-immigration party also won parliamentary seats for the first time. merkel says the will of germany's voters must be respected. report toiner must prison for sex thing with a 15-year-old girl. the former congressman from new york was seen with his head in his hands, weeping. he must undergo internet monitoring and will have no contact with his victims. he will also enroll in a sex offender treatment program. global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. shery: coming up, move aside obamacare. repeal and tax reform is now the .op issue for the gop what to look for this week in politics. this is bloomberg. ♪ shery: this is bloomberg markets. i'm shery ahn. vonnie: i'm vonnie quinn. a busy week ahead for washington. president trump and republican leaders plan to release the tax framework. mean
of course, we are looking to talk with the fdp and the green, but i will also add that we are -- also want to talk with the sdp. it is important that we have a stable and good government in germany. >> germany's far right anti-immigration party also won parliamentary seats for the first time. merkel says the will of germany's voters must be respected. report toiner must prison for sex thing with a 15-year-old girl. the former congressman from new york was seen with his head in his hands,...
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Sep 25, 2017
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some people are talking about the so—called jamaica coalition with the centrist fdp and the greens.ery type of coalition will be a difficult choice because the socialists have lost so much votes, they have only left 20%. the green party and the liberal party have not so much common ground. but we have all to take our responsibility. and we cannot afford month and month of negotiating without coming to conclusions. during this process you say even by a fairly optimistic or positive outlook, a couple of months, some people say it could be several, it could even be january. what happens to policy and particularly from a uk perspective the german position on brexit? the german position on brexit is very clear. we want a reasonable result for both sides. and we are very, not only active, but we can take any decision that is required as soon as we know the british proposals. as soon as we know the position of our european partners. you say you want to know more about the british position. but of course prime minister may was trying to give that on friday in florence. she did give some con
some people are talking about the so—called jamaica coalition with the centrist fdp and the greens.ery type of coalition will be a difficult choice because the socialists have lost so much votes, they have only left 20%. the green party and the liberal party have not so much common ground. but we have all to take our responsibility. and we cannot afford month and month of negotiating without coming to conclusions. during this process you say even by a fairly optimistic or positive outlook, a...
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Sep 16, 2017
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she is competing with the fdp, the social democrats, who for decades, have been the number one, numberarty together with the cdu. the head of that party is the lead candidate, martin schulz. he used to be head of the european parliament and came back to take over and run in this race. he is not doing that well. the cdu is well ahead. but what is really interesting about this election is, the social democrats have not collapsed. this is really a pretty normal election with the main wo traditional parties fighting it out on pretty normal -- the same kind of agendas and promises and messages they would have made in previous elections. carol: we have seen populist forces really pushing back against the political establishment globally. we have seen it in the united states and other elections around the world. but that is not the case in germany, as you write in your story. how come? mark: that is what is so fascinating. there are, of course, a number of reasons. what we found was the most interesting was, really that have one -- that germans know they have one, in globalization. one number
she is competing with the fdp, the social democrats, who for decades, have been the number one, numberarty together with the cdu. the head of that party is the lead candidate, martin schulz. he used to be head of the european parliament and came back to take over and run in this race. he is not doing that well. the cdu is well ahead. but what is really interesting about this election is, the social democrats have not collapsed. this is really a pretty normal election with the main wo...
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>> this will be very difficult the fdp has said very clearly there will not be a european budget of course, they'll discuss this. it's going to be very difficult. >> clemens, thank you for your thoughts this morning. e-mail the show. let us know what you think about this election. what the refugees did to the election you can e-mail us or find us on twitter. >>> still coming up on the show, we're going to talk even more about the german elections yes, a weakened lang merkel faces tough coalition reform and they vow to hunt the chancellor. we'll be getting the view of goldman sachs when we come back. my name is jeff sheldon, and i'm the founder of ugmonk. before shipstation it was crazy. it's great when you see a hundred orders come in, a hundred orders come in, but then you realize i've got a hundred orders i have to ship out. shipstation streamlined that wh the order data, the weights of , everything is seamlessly put into shipstation, so when we print the shipping ll everything's pretty much done. it's so much easier so now, we're ready, bring on t. shipstation. the number one ch of on
>> this will be very difficult the fdp has said very clearly there will not be a european budget of course, they'll discuss this. it's going to be very difficult. >> clemens, thank you for your thoughts this morning. e-mail the show. let us know what you think about this election. what the refugees did to the election you can e-mail us or find us on twitter. >>> still coming up on the show, we're going to talk even more about the german elections yes, a weakened lang merkel...
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Sep 20, 2017
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angela merkel is on track to win a fourth teerm as german chancellor ary the pro business fdp takes third in the latest poll with 11%. in an interview with rtl, merkel gave her thoughts on what the next coalition might look like >> translator: i'm not thinking about any coalitions now i have said that we will not form a coalition with the vafd we will also not form a coalition with the left. apart from that, we're work on a good election result er fromming to the social democrats, you can ask whoever and whenever you want, they never roll out a coalition of red, red, green this is wrong in my opinion >> annette is in berlin with the latest last time in 2013 it took the two parties around two months to form a coalition if a jamaica coalition were to be formed, do you think that would be quicker it seems like there's disagreement between the three parties as well. >> everybody i'm speaking to says these coalition talks will be more difficult than in 2013 people are more or less are thinking it may take three months or longer to form a government coalition talks will ab tricky issue f there'
angela merkel is on track to win a fourth teerm as german chancellor ary the pro business fdp takes third in the latest poll with 11%. in an interview with rtl, merkel gave her thoughts on what the next coalition might look like >> translator: i'm not thinking about any coalitions now i have said that we will not form a coalition with the vafd we will also not form a coalition with the left. apart from that, we're work on a good election result er fromming to the social democrats, you can...
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Sep 25, 2017
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that leaves her with the greens and with the fdp. these parties have very different views on finance, the european union integration and other social matters, minimum wage and so on. it's going to be extraordinarily difficult to form a coalition and to agree moving forward on the kind of parameters of this new political party. so great challenges ahead. >> major challenges and certainly on this day, natalie, it would seem a chancellor potentially weaker in the next four years and will have a tall task ahead to maintain some of that leadership she's had in europe and on the international stage. natalie? >> fred pleitgen for us there in berlin. a gloomy monday. >>> despite international opposition, iraqi kurds are going forward with a controversial vote. we'll tell you why the u.s., uk, and turkey are concerned about it in a live report from irbil right after this. [fbi agent] you're a brave man, mr. stevens. your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. y
that leaves her with the greens and with the fdp. these parties have very different views on finance, the european union integration and other social matters, minimum wage and so on. it's going to be extraordinarily difficult to form a coalition and to agree moving forward on the kind of parameters of this new political party. so great challenges ahead. >> major challenges and certainly on this day, natalie, it would seem a chancellor potentially weaker in the next four years and will...
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manus: in the commercial break, fdp participating in merkel's coalition, the jamaican coalition couldous ramifications for brexit . it could be a plus ramification for brexit. look at sterling. sterling strong. eurosterling is adding momentum. coalition be aca positive for brexit? neil: in terms of what is happening to the exchange rate, we have these scare stories about so-called brexit coalition be a uncertainty. the u.k. economy is fine. a lot of resell numbers beat expectations. of doom andions gloom but that is been completely overstated. what is interesting posted german elections is talking in the press this morning that actually, any sort of response from the eu in terms of the brexit negotiations to be delayed. the countdown to the u.k. exit from the eu continues. thaty well be a situation there is this could so-called deal that everyone is talking about that doesn't happen. i don't inc. that will be a disaster for the u.k. economy. there's a lot more going on in the economy. i think a focus on a move towards free trade and engaging with other countries outside of thing.is a
manus: in the commercial break, fdp participating in merkel's coalition, the jamaican coalition couldous ramifications for brexit . it could be a plus ramification for brexit. look at sterling. sterling strong. eurosterling is adding momentum. coalition be aca positive for brexit? neil: in terms of what is happening to the exchange rate, we have these scare stories about so-called brexit coalition be a uncertainty. the u.k. economy is fine. a lot of resell numbers beat expectations. of doom...
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Sep 11, 2017
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you have the greens, merkel, and the fdp coming together. is that looking more likely?g more and more likely that's that is difficult to say. at the moment, they are two options. both are extremely difficult. the preferred options are far apart, the parties need to think in different directions. wolfgang schaeuble is getting more and more onto the agenda. guy: can you explain it to me? i'm really concerned about this. how do you put them in the same coalition? >> that is a very good question, because that is probably the crest in which merkel is wondering herself. -- probably be question merkel is wondering herself. the two parties are apart, especially on refugees, immigration, and energy. that would be a very difficult issue. but they are not that far apart on the economic side. both do believe that you have to focus on competitiveness and you have to modernize the german economy and both parties are very much focusing on this, should this in the next year take priority? guy: where does this leave schulz? the polling is not positive. he is struggling to close the gap.
you have the greens, merkel, and the fdp coming together. is that looking more likely?g more and more likely that's that is difficult to say. at the moment, they are two options. both are extremely difficult. the preferred options are far apart, the parties need to think in different directions. wolfgang schaeuble is getting more and more onto the agenda. guy: can you explain it to me? i'm really concerned about this. how do you put them in the same coalition? >> that is a very good...
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and they lost a lot of the votes to the more liberal party, fdp.e challenge ahead is to form a complicated coalition with the greens and the liberals with the very, very low common denominator. >> tanit koch, thank you for joining us. as you can see, complicated politics here. george and rosemary, we're going to be monitoring all this, seeing what happens today. it's going to be a very interesting day, the day after that election took place to see how german politics rejigs itself. >> surely will. fred pleitgen joining us live from berlin where it is nearly 8:30 in the morning. many thanks to you. >>> we'll take a short break here. but still to come, more on donald trump's sparring with the nfl and where the controversy goes from here. we're back in a moment. when heartburn hits, fight back fast with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source. ♪ tum -tum -tum -tum smoothies! only from tums when your t-shirt smells more appoinlike a t-bone...house? that's when you know it's hal
and they lost a lot of the votes to the more liberal party, fdp.e challenge ahead is to form a complicated coalition with the greens and the liberals with the very, very low common denominator. >> tanit koch, thank you for joining us. as you can see, complicated politics here. george and rosemary, we're going to be monitoring all this, seeing what happens today. it's going to be a very interesting day, the day after that election took place to see how german politics rejigs itself....
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Sep 19, 2017
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matt: what does this mean for -- what i take away from that, i spoke with the head of the fdp in studioe is all for giving the greeks a cut on their debt but he wants to throw them out of the monetary union. what does that mean for peripherals, which did so well yesterday after portugal? james: they really did, the upgrade wasn't something people saw coming so it caught market on the hop. i don't think there is an immediate read across. it is not something which the coalition has announced in youber or november's time, have peripheral spreads blow wider -- but i think that some of the positive stories go along -- going along with europe, some of it is based on hope rather than expectation and i think some of those positives having the shine rubbed off them as reality bites. we have already seen that in the u.s., as i mentioned earlier. there are high hopes and the political system we have to operate in, and the realities of party politics and some of the economic on the ground realities in europe change that situation. you can certainly put the italian election into the same category, w
matt: what does this mean for -- what i take away from that, i spoke with the head of the fdp in studioe is all for giving the greeks a cut on their debt but he wants to throw them out of the monetary union. what does that mean for peripherals, which did so well yesterday after portugal? james: they really did, the upgrade wasn't something people saw coming so it caught market on the hop. i don't think there is an immediate read across. it is not something which the coalition has announced in...
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Sep 27, 2017
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if it involves the greens are fdp, who getse the finance ministry? be hoping it is the greens. they are talking about a possible successor from the fdp which would not change the finance ministries views. merkel may be open to more financial integration. wolfgang schaeuble was not. probably no change to the german position. alix: it is like shuffling your cabinet in the u.s. the euro is moving, around the lows of the session. fed chair janet yellen maintained her view that gradual rate increases are needed, despite weak inflation. is still thinks it temporary, especially if you look at the trimmed mean inflation. this is what she had to say. yellen: for these reasons, and given that monetary policy affects economic activity and inflation with a substantial lag, it will be important to keep monetary policy on hold until inflation is back to 2%. alix: earlier this morning, daniel cerullo said there is nothing to not suspend off this gradual cap. >> i think we are in a mode in which the fed is basically saying, we are on this gradual path. it is going t
if it involves the greens are fdp, who getse the finance ministry? be hoping it is the greens. they are talking about a possible successor from the fdp which would not change the finance ministries views. merkel may be open to more financial integration. wolfgang schaeuble was not. probably no change to the german position. alix: it is like shuffling your cabinet in the u.s. the euro is moving, around the lows of the session. fed chair janet yellen maintained her view that gradual rate...
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Sep 28, 2017
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say the ministry does go to the fdp. what will that mean for peripheral europe?uest: that is a very good and very important question. the market has been looking at this election so far. in a very relaxed fashion. this could change if the -- they were going to go to the government. y have been saying they want to be strict on the fiscal compact, they want to be where he rigid on any concessions with france, for example. a european want finance minister and they want greece out of the euro area. we would imagine that this would foruite a stress situation european spreads in the first place. and the worst of all cases if a are rigid on all these topics that could bring the eurocrisis back on. probably [inaudible] surrounding all this. does the trump tax reform policies seem to be causing a few ripples in markets? yesterday and into this morning we have seen a spike higher in bund yields. if we were to see that tax policy becoming a reality, what would be the impact for european assets? guest: this would be a very interesting move back because it would be in some so
say the ministry does go to the fdp. what will that mean for peripheral europe?uest: that is a very good and very important question. the market has been looking at this election so far. in a very relaxed fashion. this could change if the -- they were going to go to the government. y have been saying they want to be strict on the fiscal compact, they want to be where he rigid on any concessions with france, for example. a european want finance minister and they want greece out of the euro area....
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is ftp is much worse -- fdp much more susceptible about european integration -- skeptical about europeangration. the greens, on the other hand, want to see lesser alliance on diesel and combustion engines by 2030. they come from very different political backgrounds, now angela merkel would have to somehow bridge these differences in order to bring these two parties into this three party coalition. in the past, it's taken more than 80 days, some people say there won't be a german government until christmas. takes,hat's how long it i'm sure angela merkel will open that president with great delight. thank is a much to caroline hector, europe's euro anchor joining us from berlin. we want to dig deeper into the german election with chief global strategist greg valliere. days, perhaps till it is formed. if you look at the results of this election, how do you rate the strength of angela merkel at this point? yes, her party had one of its worst results since 1949, they dropped quite a bit from the last election in 2013. on the other hand, she's heading for a fourth term potentially. clearly, she
is ftp is much worse -- fdp much more susceptible about european integration -- skeptical about europeangration. the greens, on the other hand, want to see lesser alliance on diesel and combustion engines by 2030. they come from very different political backgrounds, now angela merkel would have to somehow bridge these differences in order to bring these two parties into this three party coalition. in the past, it's taken more than 80 days, some people say there won't be a german government...
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Sep 24, 2017
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would be in coalition with the fdp and that you just heard with the greens. let's go now to my colleague simon young key is at the ftp headquarters here in berlin and fall means on the marquee you just saw is wit. the greens also here in berlin gentlemen good evening to you fall beyond let's start with you. i mean if you're looking at things. in point of view. bed with. the scene. server lives or the ftp. and first of all it's the ftp you generally speak king i mean. for the green so as one delegate told me here it's like fire and water for the greens traditionally the ftp the debt rose. is a neo liberal. tree friendly climate change ignoring party and for a long time. prime and the me in the pool to build arena. but then again there's also in americans party the scene you. her although part no the bavarian c. s. you. and that's maybe even a stronger opponent. has been a strong opponent the possible the greens so there are two very tough partners. in bed with for the greens and it is really hard to say america and her cd you. are probably small this problems
would be in coalition with the fdp and that you just heard with the greens. let's go now to my colleague simon young key is at the ftp headquarters here in berlin and fall means on the marquee you just saw is wit. the greens also here in berlin gentlemen good evening to you fall beyond let's start with you. i mean if you're looking at things. in point of view. bed with. the scene. server lives or the ftp. and first of all it's the ftp you generally speak king i mean. for the green so as one...
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distinguished finance minister is going to stay in his seat or if not, he will be replaced by somebody from the fdp extent. i'm not so much worried about the finance minister changing hands into somebody quite unknown, but, yeah, they're at risk however, one risk that has been avoided is if you have a grand coalition and you exclude the voices that are slightly to the left and to the right, you end up with a sort of cat frosk outcome, and in some ways that outcome has been avoided even though -- this is sort of a shot across the bow of the established parties, and you will see a move more to the right. certainly by the party in bavaria and i think immigration is an issue that -- >> one concern from over here from a u.s. trend is always will we stick to our budget surplus policy what do you see here i actually expect them to follow-up with what they've done so far >> we, unfortunately, have to leave it there thank you, david k.t., sticking around. >>> the wall street agenda full of economic data this week it starts tomorrow with the s&p kay shiler home price index new home sales andconsumer confiden
distinguished finance minister is going to stay in his seat or if not, he will be replaced by somebody from the fdp extent. i'm not so much worried about the finance minister changing hands into somebody quite unknown, but, yeah, they're at risk however, one risk that has been avoided is if you have a grand coalition and you exclude the voices that are slightly to the left and to the right, you end up with a sort of cat frosk outcome, and in some ways that outcome has been avoided even though...
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the liberal fdp a little ahead of them about ii%.i3 % of the vote. so this is what the distribution of seats in the new bundestag would look like. the cdu 246 seats, the spd gets 153. and the right wing afd, which so far has not been represented in parliament, will get 94 seats. a short time ago we heard from angela merkel where she responded to the results. no question about it, we hope for a slightly better result. that is totally clear. of course we are facing a huge test. the afd entering parliament. we will carry out a profound analysis because we want to win back the voters of the afd by solving problems and listening to their worries, and sometimes their fears. but above all, through good politics. an imam is recovering in hospital after he was stabbed in hale in greater manchester last night. dr nasser kurdym an imam, suffered a stab wound to the back of his neck after being attacked as he walked to a mosque. two men have been arrested and police say they're treating the attack as a hate crime. pan is set —— a ban is said to
the liberal fdp a little ahead of them about ii%.i3 % of the vote. so this is what the distribution of seats in the new bundestag would look like. the cdu 246 seats, the spd gets 153. and the right wing afd, which so far has not been represented in parliament, will get 94 seats. a short time ago we heard from angela merkel where she responded to the results. no question about it, we hope for a slightly better result. that is totally clear. of course we are facing a huge test. the afd entering...