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the major ministries or maybe three of the major ministries namely the foreign ministry the finance ministry and the ministry of labor especially interesting here is that the social democrats are taking over the finance ministry which for the last forward four years was run by the christian democrats by the conservatives so it seems that the conservatives have made quite major concessions to the social democrats in order to make this agreement possible hence just a note to our viewers that there's a little box in the lower right hand side of the screen while we are monitoring that crowd right behind you we're waiting for the party leaders to come out and give a statement about this final agreement we'll be listening life to that as soon as they arrive there hans but as you said there were some major concessions made by americans conservatives what does that tell us about the position that they are in . well knuckle herself when she went into the negotiations yesterday morning more than twenty four hours again ago was already speaking about the need to make what she called painful concessions
the major ministries or maybe three of the major ministries namely the foreign ministry the finance ministry and the ministry of labor especially interesting here is that the social democrats are taking over the finance ministry which for the last forward four years was run by the christian democrats by the conservatives so it seems that the conservatives have made quite major concessions to the social democrats in order to make this agreement possible hence just a note to our viewers that...
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and daniel is we've been hearing this could herald a shift in euro zone policy the powerful finance ministry could end up going to the coalition partners the social democrats. yeah exactly or shows us actually pretty much respected here among investors remember that he was already holding a ministry position in the past and also when you look a little bit deeper in this document we are getting word that there is going to most likely a european fund that president manuel kong has been asking for already for quite some time to help other european countries that could come for example into a financial crisis as i said in manuel my kong as well as e.u. commission they have been very much in favor of this and also as investors that's what investors are telling me here as well it's very important that germany is going to have again a strong voice now on the european level there is so much on the agenda such as brac said for example those talks have been very slow and then those latest comments also made recently and by two reason may about the rights of citizens so investors are happy that germany
and daniel is we've been hearing this could herald a shift in euro zone policy the powerful finance ministry could end up going to the coalition partners the social democrats. yeah exactly or shows us actually pretty much respected here among investors remember that he was already holding a ministry position in the past and also when you look a little bit deeper in this document we are getting word that there is going to most likely a european fund that president manuel kong has been asking for...
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will now hold the finance ministry they will hold the foreign and the finance ministry that is a very significant departure from the last. around coalition and there is certainly mention in the coalition agreement of greater investment in the european union including to fight youth unemployment that's not negligible is it absolutely and i think the southern countries will be very happy about it greece and spain and others who've been really. looking with much hatred towards germany and its austerity by the austerity policies and the former finance minister so that is quite exciting for them to see that germany will end its thirty course and will invest more in the european union but if it goes as far as my call wishes go i doubt that you have your opening statement talked about the potential for another grand coalition to exacerbate polarization in germany will this coalition if it does indeed come into being will it by working on europe help fight right wing populism in europe as a whole and what implications does that have for germany now i think in dystopic is that was a big risk i
will now hold the finance ministry they will hold the foreign and the finance ministry that is a very significant departure from the last. around coalition and there is certainly mention in the coalition agreement of greater investment in the european union including to fight youth unemployment that's not negligible is it absolutely and i think the southern countries will be very happy about it greece and spain and others who've been really. looking with much hatred towards germany and its...
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bild newspaper here in germany and can i say that is specially the finance ministry if that does indeed go. from the social democrats this is a significant ministry where he can get back into the position that he's very comfortable with because the finance ministry in germany is the one that deals with european affairs as we mustn't forget terry that is most comfortable on the european stage he came from brussels as the e.u. head of parliament and he went from hero to zero within the space of one year so this if the s.p.d. does indeed get the finance ministry then this is really big news for the s.p.d. you mention martin scholtz the head of the s.p.d. the social democrats here in germany former president of the european parliament elected with one hundred percent support within the party to the post as party leader but he's severely weakened coming out of september's election there's been a lot of speculation about whether he himself would even be able to maintain a position and stay in be a get a get a post in merkel's cabinet in this in a new any new government any ideas on yourself w
bild newspaper here in germany and can i say that is specially the finance ministry if that does indeed go. from the social democrats this is a significant ministry where he can get back into the position that he's very comfortable with because the finance ministry in germany is the one that deals with european affairs as we mustn't forget terry that is most comfortable on the european stage he came from brussels as the e.u. head of parliament and he went from hero to zero within the space of...
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major ministries in the new government that is to be formed bettors the foreign ministry the finance ministry and the ministry of labor in addition to another couple of maybe less important ministries there's been much speculation about what the role of a speedy leader martin shows is going to be it has been reported for some time this morning that he is likely to be foreign minister which you would agree with the fact that he spent a lot of his political life in brussels in the european parliament in other words he is somebody who has a lot of interests and a lot of competence in foreign policy but there has been some some speculation that in order to become foreign minister he might give up eating being as the leader of the social democratic party that he might hand over party leadership to another leading politicians of the social democrats when asked about this the leading social democrats that we're entering the building behind me now in the last few minutes have refused to comment and have said that shows himself is going to be speaking in the not too distant future in the near future a
major ministries in the new government that is to be formed bettors the foreign ministry the finance ministry and the ministry of labor in addition to another couple of maybe less important ministries there's been much speculation about what the role of a speedy leader martin shows is going to be it has been reported for some time this morning that he is likely to be foreign minister which you would agree with the fact that he spent a lot of his political life in brussels in the european...
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i would like to have kept the finance ministry but it's what we decide is politically and in the coalition agreement and the finance minister cannot just do whatever he likes a message to merkel also address the question of starting within her own party there have been growing calls to begin promoting a younger generation of c.d.u. talent to cabinet level posts. from my notes i thought i naturally have to make sure that we keep in mind not just the over sixty's but also of the younger people . my own message to the party conference is that we need to be clear about how we go forward into government get involved in the cd use ministerial line up should be clear in two weeks' time merkel avoided talking about a success so saying she plans to remain as chancellor and party leader until twenty twenty one. law you think you have lost your authority. and i didn't finish so no i don't feel that because of course i do understand that the party will be thinking that i've been the chancellor for twelve years and clearly i can't be chancellor for another twelve years. on the other hand i had extensiv
i would like to have kept the finance ministry but it's what we decide is politically and in the coalition agreement and the finance minister cannot just do whatever he likes a message to merkel also address the question of starting within her own party there have been growing calls to begin promoting a younger generation of c.d.u. talent to cabinet level posts. from my notes i thought i naturally have to make sure that we keep in mind not just the over sixty's but also of the younger people ....
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ministries that they held in the previous government but they will gain the very powerful german finance ministry now after a moment it's unknown which position martin schulz would favor whether he would want to be the foreign minister all whether he would want to head up that finance ministry whatever position martin schulze ultimately takes he may well regret giving this statement back in september. so. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty thousand. people that will be casting a vote by mail so are expecting a result from that ballot over the next few weeks trying to drum up support for the deal we saw the negotiating team sending a selfie out to a social democratic whatsapp chat saying they were tired but satisfied and encouraging their membership to get behind the vote it is going to be very tight though should the social democratic membership go vote yes well t
ministries that they held in the previous government but they will gain the very powerful german finance ministry now after a moment it's unknown which position martin schulz would favor whether he would want to be the foreign minister all whether he would want to head up that finance ministry whatever position martin schulze ultimately takes he may well regret giving this statement back in september. so. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or...
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who for yeah we would have accepted the finance ministry that was our first priority as we would have taken the foreign ministry we would have taken the ministry of social affairs but the s.p.d. insisted from the outset that it wanted those three ministries and without them they would not join the coalition because it's called many in the c.d.u. say the chancellor negotiated badly others simply call it a conservative social democrat coalition compromise. and it was we knew that the members of the social democrats they now have to approve this deal briefly what are the chances that they will say no well exactly that is the point that is the very big hurdle that implications they'll face because we're talking here of more than four hundred thousand s.p.d. members who have to give the green light to this coalition deal on this a lot of them especially among the youth wing of the social democrats are very skeptical about the prospect of another grand coalition so it is indeed a very big hurdle that the politicians still have ahead of them and one where it is very difficult to predict in w
who for yeah we would have accepted the finance ministry that was our first priority as we would have taken the foreign ministry we would have taken the ministry of social affairs but the s.p.d. insisted from the outset that it wanted those three ministries and without them they would not join the coalition because it's called many in the c.d.u. say the chancellor negotiated badly others simply call it a conservative social democrat coalition compromise. and it was we knew that the members of...
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democrat they will also have the labor ministry and it seems likely that they will have the finance ministry in other words three key ministries especially for the issues that the social democrats wants to push forward in this new government and then there is some indication that the interior ministry is going to go to the variances the party the christian social union of the conservatives which would leave most of the other ministries to the conservatives or to be distributed amongst the parties so that's as far as what we what we. appear to know at the moment. thank you so much for now. bunce there is the new party headquarters where we are hoping to hear an announcement soon with us here in the studio is our political editor nina she's been following these negotiations very closely nina it's been now more than four months since germany had its election we're finally at a point where looks like we might have some kind of agreement in announcement seems imminent we have already we're hearing some details leaking through now about which parties are going to ok stand by need i'm told are gett
democrat they will also have the labor ministry and it seems likely that they will have the finance ministry in other words three key ministries especially for the issues that the social democrats wants to push forward in this new government and then there is some indication that the interior ministry is going to go to the variances the party the christian social union of the conservatives which would leave most of the other ministries to the conservatives or to be distributed amongst the...
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Feb 9, 2018
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plus, they get ministry finance. they get the foreign ministry. they get the social ministry. they get three key ministries. merkel's party doesn't get a single ministry. when it comes to who gets the money to do what they want to do, it's going to be the social democrats who decide and not the christian democrats. this is amazing. melinda: charlotte, quite a bit of money is involved. this could be one of the most expensive coalitions ever if it does keep all of its problems is -- promises. the head of the social democratic party still, apparently he will step down, martin shall, said when he presented the agreement, it had the stamps all over it. would you agree? charlotte: i think so. it caters to the labor unions, it caters to the workers. there is something it improvement for workers in terms of contracts that all made it in there. also in terms of health care. very domestic issues that they could put their stamp on. i agree that the ministry personalities they are pushing forward is a huge deal and the thatellor said herself it's been painful. concessionsen huge made and
plus, they get ministry finance. they get the foreign ministry. they get the social ministry. they get three key ministries. merkel's party doesn't get a single ministry. when it comes to who gets the money to do what they want to do, it's going to be the social democrats who decide and not the christian democrats. this is amazing. melinda: charlotte, quite a bit of money is involved. this could be one of the most expensive coalitions ever if it does keep all of its problems is -- promises. the...
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so you can smell of course i also find it painful i would like to have kept the finance ministry but it's what we decided politically and in the coalition agreement and a finance minister cannot just do whatever he likes. merkel also addressed the question of staffing within her own party to have the many calls for fresh talent perhaps surprisingly the chancellor agrees with that. for mine i not only have to make sure that we keep in mind not just the over sixty's but also younger people. my message to the party conference is that we need to be clear about how we go forward into government. the ministerial line up should be clear in two weeks' time this is medical avoided talking about a successor she wants to remain chancellor and party leader for another four years . do you think you have lost your authority. i mean i'm finished no i don't feel about three but of course i do understand that the party will be thinking the type in the chancellor for twelve years and clearly i can't be chancellor for another twelve years. or start on the other hand i had extensive discussions with the
so you can smell of course i also find it painful i would like to have kept the finance ministry but it's what we decided politically and in the coalition agreement and a finance minister cannot just do whatever he likes. merkel also addressed the question of staffing within her own party to have the many calls for fresh talent perhaps surprisingly the chancellor agrees with that. for mine i not only have to make sure that we keep in mind not just the over sixty's but also younger people. my...
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chancellor sort of imperceptibly gritting her teeth when she was asked about the loss of the finance ministry she talked about the fact that the previous finance minister both conchoidal had become something of an institution in that post it definitely represents a loss of power for. christian democrats it does however have implications not only as you say for labor market and social spending but also for europe. was always a break in terms of german of commitment of german taxpayer dollars to europe with both the foreign ministry and the finance ministry now in social democratic hands i think that will give a significantly different tilt to european union policy from berlin and certainly that represents that comes at a key time with very important proposals from the french president emmanuel mccall on the table in regard to a new dynamic for europe i think we may see some some real movement here from berlin if it does fulfil what it set out in the coalition. chief political correspondent correspondent melinda crean thank you so much for your continued coverage and we want to delve even deepe
chancellor sort of imperceptibly gritting her teeth when she was asked about the loss of the finance ministry she talked about the fact that the previous finance minister both conchoidal had become something of an institution in that post it definitely represents a loss of power for. christian democrats it does however have implications not only as you say for labor market and social spending but also for europe. was always a break in terms of german of commitment of german taxpayer dollars to...
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that they have driven a hard bargain in this discussion with the conservatives until now the finance ministry was controlled by the conservatives they have given that up to give it to the social democrats also the foreign ministry obviously is important and for the social democrats controlling labor is crucial for their membership crucial for their policies crucial for the questions that they have been trying to push for during these negotiations on the conservative side one of two conservative politicians also enter the bowling recently for further discussions for finalizing the final documents that are going to be released here soon and there have been saying that's difficult concepts sions painful disco concessions as i call them have to be made through the console through the social democrats in order to ensure that germany will have a new government and a functioning government so it seems that this agreement does has been reached and that the social democrats indeed have managed to push through things that they have that have been important to their agenda and are important to their mem
that they have driven a hard bargain in this discussion with the conservatives until now the finance ministry was controlled by the conservatives they have given that up to give it to the social democrats also the foreign ministry obviously is important and for the social democrats controlling labor is crucial for their membership crucial for their policies crucial for the questions that they have been trying to push for during these negotiations on the conservative side one of two conservative...
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whether he would want to be the foreign minister although whether he would want to head up that finance ministry whatever position martin schultz ultimately takes he may well regret giving this statement back in september. and. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty thousand people that will be casting a vote by mail so are expecting a result from that ballot over the next few weeks trying to. to drum up support for the deal we saw the negotiating team sending a selfie out to a social democratic what's up chat saying they were tired but satisfied and encouraging their membership to get behind the vote it is going to be very tight though should the social democratic membership go vote yes well that means angela merkel will have to go ahead to form a new government and we could expect to see that in place by easter six months after the actual election in september if t
whether he would want to be the foreign minister although whether he would want to head up that finance ministry whatever position martin schultz ultimately takes he may well regret giving this statement back in september. and. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty...
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whether he would want to be the foreign minister although whether he would want to head up that finance ministry for whatever position martin schulz ultimately takes may well regret giving this statement back in september. and. mr schultz do exclude the possibility of being a minister in the cabinet led by america or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty thousand people that will be casting a vote by mail so are expecting a result from that ballot over the next few weeks trying to drum up support for the deal we saw the negotiating team sending a selfie out to a social democratic you know what's up chant saying they were tired but satisfied and encouraging their membership to get behind the vote it is going to be very tight though should the social democratic membership vote yes. well that means angela merkel will have to go ahead to form a new government we could expect to see that seems place by a step six months after the actual election in september
whether he would want to be the foreign minister although whether he would want to head up that finance ministry for whatever position martin schulz ultimately takes may well regret giving this statement back in september. and. mr schultz do exclude the possibility of being a minister in the cabinet led by america or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred...
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favor whether he would want to be the foreign minister or whether he would want to head up that finance ministry one thing is for sure whichever one he decides it certainly this particular clip is certainly going to be one thing he wishes he could forget. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government. well elsewhere the christian social union angela merkel's sister party in bavaria their head horse often looks to be heading for the interior ministry it had been thought that mr z. hoffa would be retiring from politics but the sixty eight year old showing no sign of that as he heads into one of the main cabinet positions by the looks of it and i say by the looks of it because of this deal that's been hard fought now made out it could all fall apart it comes down to the membership of the social democrats four hundred sixty thousand members will be balloted to see if they want to go into this coalition that's a postal ballot it'll take a few weeks to collect all of the results an
favor whether he would want to be the foreign minister or whether he would want to head up that finance ministry one thing is for sure whichever one he decides it certainly this particular clip is certainly going to be one thing he wishes he could forget. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government. well elsewhere the christian social union angela merkel's sister party in...
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favor whether he would want to be the foreign minister all whether he would want to head up that finance ministry whatever position martin schulz ultimately takes he may well regret giving this statement back in september. and. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty thousand people that will be casting a vote by mail so are expecting a result from that ballot over the next few weeks trying to drum up support for the deal we saw the negotiating team sending a selfie out to a social democratic you know what's up chant saying they were tired but satisfied and encouraging their membership to get behind the vote it is going to be very tight though should the social democratic membership go vote yes well that means angela merkel will have to go ahead to form a new government and we could expect to see that in place by six months after the actual election in september if tha
favor whether he would want to be the foreign minister all whether he would want to head up that finance ministry whatever position martin schulz ultimately takes he may well regret giving this statement back in september. and. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty...
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involve giving the social democrat democrat some some key ministries including finance foreign ministry and justice government a coalition necessarily means doing that so why is this being seen as a loss for the conservatives because i mean they had this time they really had to give up a lot of these very important ministries and especially the finance ministry that was really important in the last couple of years especially with regard to the european union right so the austerity politics within the european union so right now i think. the members of the conservatives are rather unhappy with the distribution of ministries especially because the c.d.c.'s you actually got the interior ministry so there's not a lot of these very important for us left or for the c.d.u. such so the leaders of the conservatives and the s.p.d. have agreed this deal is that it now is the deal done. definitely not let's i mean we still have the party convention from the conservative party and then most importantly we have the. referendum off the s.p.d. where they have to approve the coalition agreement so we'll
involve giving the social democrat democrat some some key ministries including finance foreign ministry and justice government a coalition necessarily means doing that so why is this being seen as a loss for the conservatives because i mean they had this time they really had to give up a lot of these very important ministries and especially the finance ministry that was really important in the last couple of years especially with regard to the european union right so the austerity politics...
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Feb 7, 2018
02/18
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vonnie: so she is giving up the finance ministry for this. does this week in her position position?it: at first glance, yes, it shows she is weakened because she is paying a high price. but it also shows her long-term view. she said in the press conference that in the end she thinks she can work well with the spd, and if you look at the coalition most have been sent out. if it comes to the crunch, she will always be the one that has the veto. in the long run, i think she has secured a stable government by making this big concession right now. mark: one might assume that given the way the cards have landed, we are heading towards closer european integration. but what does the chancellor actually think about closer european integration, the extent of closeness? what does she want? birgit: she is not a great integrationist. in does not believe strengthening the european institutions. so she takes always a step-by-step approach to every single problem we will face in europe, we have to solve when they are coming up. so she doesn't want to have a .ederal europe she wants a europe of memb
vonnie: so she is giving up the finance ministry for this. does this week in her position position?it: at first glance, yes, it shows she is weakened because she is paying a high price. but it also shows her long-term view. she said in the press conference that in the end she thinks she can work well with the spd, and if you look at the coalition most have been sent out. if it comes to the crunch, she will always be the one that has the veto. in the long run, i think she has secured a stable...
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stocks to europe and that's something that is also reinforced by the fact that the foreign ministry and the finance minister will be to have. of social democrats a foreign ministry would be in the hands of martin chose who is passionately pro european hides who has indeed stress on various occasions that he would like a strong good judgment participation within european institutions and he has a proven track record as well all right to max nobody's breaking out the champagne just yet but is this agreement a step in the right direction for germany's european partners. well i think i heard some champagne bottles over there of the european commission because of what is does mentioned it's all over the handwriting of the include your group the president of the european commission i'm sure he's very satisfied with that and he told us as much but the real importance here is the real important message for the rest of europe germany is most likely at least back has most likely again or likely at least a functioning government and that's important for what the european union is attempting to do in the next
stocks to europe and that's something that is also reinforced by the fact that the foreign ministry and the finance minister will be to have. of social democrats a foreign ministry would be in the hands of martin chose who is passionately pro european hides who has indeed stress on various occasions that he would like a strong good judgment participation within european institutions and he has a proven track record as well all right to max nobody's breaking out the champagne just yet but is...
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example greets with joy and that was evident for example when she talked about the loss of the finance ministry which will now be held by the social democrats but on the whole i think she meant it when she said that she feels that this coalition agreement strikes the right balance between security and fairness for german citizens on the whether hand one hand and economic dynamism on the other and of course the former. two goals security and fairness those would typically be social democratic goals and indeed this coalition agreement does bear the imprint of social democratic concerns but you know what those concerns are not alien to this chancellor she is often criticised of having taken her conservative party in an increasingly social if not social democratic direction over the years that she has governed she is looking now at her last term in office that is for certain and i think it isn't surprising if she would actually view some of these social democratic measures as very much in line with her own inclinations so that's until america as for martin schulz you know what he wound up getting a
example greets with joy and that was evident for example when she talked about the loss of the finance ministry which will now be held by the social democrats but on the whole i think she meant it when she said that she feels that this coalition agreement strikes the right balance between security and fairness for german citizens on the whether hand one hand and economic dynamism on the other and of course the former. two goals security and fairness those would typically be social democratic...
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has lost the finance ministry that was a source of great power and as she put it the former finance minister both conk choice essentially became identified with that ministry it will give the social democrats significantly more clout not only in terms of domestic spending and by the way this coalition agreement the budget that they have sent for expenditure sixty four billion euros is one of the most expensive coalition budgets ever so they will have significantly more clout going forward the social democrats but not only domestically also on the level of europe the fact that they now control both the foreign ministry and the finance ministry means that they will have the power of the purse strings when it comes to european union reform and that is very significant indeed so a good day for the social democrats they definitely come out here with some very real gains our idea of us chief political correspondent will in that crane thank you for your continued coverage will check in with you a little later. all right we've got lots more to discuss with that we have political scientist spend your
has lost the finance ministry that was a source of great power and as she put it the former finance minister both conk choice essentially became identified with that ministry it will give the social democrats significantly more clout not only in terms of domestic spending and by the way this coalition agreement the budget that they have sent for expenditure sixty four billion euros is one of the most expensive coalition budgets ever so they will have significantly more clout going forward the...
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and here the social democrats will be given the foreign ministry the foreign minister will be a social democrat they will be controlling finance and they will also be given the labor ministry as well as a few other ministries obviously in the government this is i think one can say big achievement for the social democrats these are really very crucial ministries for any government and they're very crucial ministries for the issues that the social democrats have been trying to promote in these negotiations it has also been decided it seems that the interior ministry will be given to the christian social union that is the bavarian sister party of i'm going to michael's conservatives so the interior minister will be from bavaria which is new in german politics in recent times this has been a ministry that i'm going to tackle cd you sell for itself has been controlling your highs of the details we know at the moment obviously yes we just want to ask you about those ministry post hunt if that is confirmed again these details are just preliminary reports that we're waiting to have confirmed but it does seem to be an indication that t
and here the social democrats will be given the foreign ministry the foreign minister will be a social democrat they will be controlling finance and they will also be given the labor ministry as well as a few other ministries obviously in the government this is i think one can say big achievement for the social democrats these are really very crucial ministries for any government and they're very crucial ministries for the issues that the social democrats have been trying to promote in these...
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he was in the finance ministry of course it's very hard for us to give up the finance ministry. and the same is true for the ministry of the interior and i want to thank thomas dementia at this point for all of his work in the past. but i believe there are important challenges facing us for decades now it's the first time that we've got the economics affairs ministry that's rare sometimes if you haven't got something you missed it and then once you've got it you regret what you've just lost. but what's important here is to ensure that the ministries we have you know research and development. interior defense. food and agriculture that we do the right thing with these ministries and the question of who gets what portfolios of course is a difficult one i'm not going to deny that. it is pretty loud in the bodies of his social democrats we're going to be deliberating the coalition agreement today and in terms of the. vote members. very much hope we'll be able to convince our members that we have negotiated extremely good coalition agreement and that they are members vote on the agree
he was in the finance ministry of course it's very hard for us to give up the finance ministry. and the same is true for the ministry of the interior and i want to thank thomas dementia at this point for all of his work in the past. but i believe there are important challenges facing us for decades now it's the first time that we've got the economics affairs ministry that's rare sometimes if you haven't got something you missed it and then once you've got it you regret what you've just lost....
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leader the finance ministry which is a big fish obviously and the minister of ministry of labor which is especially important for the social democrats and their voters their. their membership so they have been major concessions on the part of the christian democrats are for i'm going to malcolm's party but at the same time i want to say obviously i'm going to marco is going to stay chancellor for another couple of years or so at least so in that sense all parties seem to be satisfied with the outcome of these elections they have all i know officially confirmed that an agreement has been reached but i have to add there has not been an official announcement that's right time so we see all the cameras behind you and we're all waiting for that announcement for someone to come outside and i tell them more about this agreement but what exactly has been holding up this agreement has so long what are what is the point that they have been wrangling about for weeks now. well one has to say that they did negotiate pretty quickly if you consider that this has been going on for just over a week an
leader the finance ministry which is a big fish obviously and the minister of ministry of labor which is especially important for the social democrats and their voters their. their membership so they have been major concessions on the part of the christian democrats are for i'm going to malcolm's party but at the same time i want to say obviously i'm going to marco is going to stay chancellor for another couple of years or so at least so in that sense all parties seem to be satisfied with the...
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ministries that they held in the previous government but they will gain the very powerful german finance ministry now after a moment it's unknown which position martin schulz would favor whether he would want to be the foreign minister all whether he would want to head up that finance ministry whatever position martin childes ultimately takes he may well regret giving this statement back in september. so. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or that c.d.u. c.s.u. . yes yes absolutely i would never be part of a government so what happens next well it all goes down to a vote by the s.p.d. membership that's four hundred sixty thousand people that will be casting a vote by mail so are expecting a result from that ballot over the next few weeks trying to drum up support for the deal we saw the negotiating team sending a selfie out to a social democratic what's up chat saying they were tired but satisfied and encouraging their membership to get behind the vote it is going to be very tight. though should the social democratic membership go vote yes well
ministries that they held in the previous government but they will gain the very powerful german finance ministry now after a moment it's unknown which position martin schulz would favor whether he would want to be the foreign minister all whether he would want to head up that finance ministry whatever position martin childes ultimately takes he may well regret giving this statement back in september. so. mr schultz do exclude the possibility of being a minister in the cabinet led by merkel or...
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course here is also breaking at the moment they were rather surprised that it seems now that the finance ministry it will be in charge that the s.p.d. will be in charge and also the foreign ministry as well and we have to remember that. was making kind of a secret if he will be really holding a minister position in this new government to be quite honest martin chose here so far does not have this report taishan to be someone who really knows that much about business and that much about finance i guess investors here on the trading floor would rather see him as the foreign minister. down onto our news looking back at wall street in yesterday's blockbuster rather tell us how is the market doing today after this rather terrible day. but i guess investors here were relief this morning when the trading day started and we actually saw me actually have a look at the moment also in the class right now with zero point seven two per cent not as big and not a big plus as we have seen it yesterday on wall street i guess you can see it in the background volatility is a big topic here at the moment and investo
course here is also breaking at the moment they were rather surprised that it seems now that the finance ministry it will be in charge that the s.p.d. will be in charge and also the foreign ministry as well and we have to remember that. was making kind of a secret if he will be really holding a minister position in this new government to be quite honest martin chose here so far does not have this report taishan to be someone who really knows that much about business and that much about finance...
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here in south africa so people are waiting to see what seoul remark was of all do around the finance ministry if the existing finance minister will stay or that will change but this is a man who is known to be a strategist a good negotiator and certainly his background would benefit him going forward the media will come back to the next half hour or so in the meantime thank you. cabinet ministers next the opiah holding talks after the sudden resignation of the prime minister this time yesterday i mean merriam to sell his announcement follows nationwide antigovernment protests over the story. in a televised address. sadie's it is ignition wasn't vital for choosing the changes necessary evil sustainable peace and democracy in ethiopia in other words an attempt to ease rising tensions in the country losing the form which in my circle of unrest and political crisis have led to the loss of lives and the displacement of many i see my stepping down as vital in the effort to carry out reforms that lead to sustainable peace largely seen as a placeholder on a consensus figure. has led ethiopia since tw
here in south africa so people are waiting to see what seoul remark was of all do around the finance ministry if the existing finance minister will stay or that will change but this is a man who is known to be a strategist a good negotiator and certainly his background would benefit him going forward the media will come back to the next half hour or so in the meantime thank you. cabinet ministers next the opiah holding talks after the sudden resignation of the prime minister this time yesterday...
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good deal out of it they got three key ministries out of that coalition deal foreign ministry finance ministry and labor ministry but it was obviously the case that within the s.p.d. there was a very interesting and a very delicate debate as well about personnel and also about what would happen with different positions in the future government and that will also explains why we're seeing these developments now whereas some s.p.d. members have come out for example on social media saying that they would still like sigma gabriele to remain foreign minister because he's after all one of germany's most popular politicians other politicians other s.p.d. members have said well now after mr shows his decision it's time for the s.p.d. to talk about content and they will only start talking about personnel after the very important vote by the entire s.p.d. membership four hundred sixty three thousand people who will decide if that coalition deal goes in fact ahead they are the ones that have to give the green light to this coalition deal before it can actually come into fruition before it can actually ha
good deal out of it they got three key ministries out of that coalition deal foreign ministry finance ministry and labor ministry but it was obviously the case that within the s.p.d. there was a very interesting and a very delicate debate as well about personnel and also about what would happen with different positions in the future government and that will also explains why we're seeing these developments now whereas some s.p.d. members have come out for example on social media saying that...
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according to the world bank sovereign debt peaked at nearly one billion us dollars today the finance ministry says it stands at less than half of. many fishermen except that the long term effects of the marine special plan will benefit the economy on their industry yet some fear the short term impact will be crippling to their livelihoods. all right from the session back to berlin thank you so much for watching. the scars on. the pain still tangible. suffering for god. for c.b.s. and. they have survived but do they also have a future. i really understand people who say they do want to stay here. but i also admire people who want to stay here and who decided to create something . in peace time what needs to happen if tolerance and reconciliation or to stand a chance to darkness cities after war starting march tenth on t w.
according to the world bank sovereign debt peaked at nearly one billion us dollars today the finance ministry says it stands at less than half of. many fishermen except that the long term effects of the marine special plan will benefit the economy on their industry yet some fear the short term impact will be crippling to their livelihoods. all right from the session back to berlin thank you so much for watching. the scars on. the pain still tangible. suffering for god. for c.b.s. and. they have...
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top two parties agreeing on a grand coalition if the deal goes ahead as planned the coveted finance ministry will change hands how will that help end the current order we'll get the view from germany's top business leaders also coming up britain's largest retailer tesco is hit with a four and a half billion euro lawsuit for breaching equal pay rules is it a sign of success management practices or something rather more complicated and. iceland has a warmer welcome than most countries for bitcoin that's despite the colder climate which is actually the selling point. i'm daniel winter in berlin and this is your business update a new grand coalition could be a few short weeks away it's out with the old finance minister volved. revered at home he'd love to preach austerity to the southern europeans they hated him but the bitter medicine is taking effect greece's back on international markets today scheuer has already moved on to his new for his from the social democrat coalition partners and could soften the harsh face of austerity. and business executives will struggle to convince schultz to ado
top two parties agreeing on a grand coalition if the deal goes ahead as planned the coveted finance ministry will change hands how will that help end the current order we'll get the view from germany's top business leaders also coming up britain's largest retailer tesco is hit with a four and a half billion euro lawsuit for breaching equal pay rules is it a sign of success management practices or something rather more complicated and. iceland has a warmer welcome than most countries for bitcoin...