reporter: greece has agreed to cut pensions by 18%. the country will reduce the tax free income allowance to just under 6000 euros. it is also expected to sell off energy assets. 3.5% budget surplus. his greece it's the targets, it will implement benefits to offset the cuts. andespite the difficulties delays and irrational demands during the course of negotiations, the technical agreement is balanced and viable. reporter: despite the breakthrough, imf artistic patient remains in question and hard-line opponent germany will only say more work needs to be done. greece must not pass the measures in its legislature for its finance ministers meet to approve or reject the deal. theood news for greece but country still suffering from the highest unemployment rate in the eu. let's see how it stacks up to the four largest eu economies -- germany and the eu reporting the most advanced. france saw things hold steady at 10.1. italy at 11.7%. data coming out of eurostat says the unemployment rate for the wider eu dropped to eight in march. it was s

with leaving the eu, if greece was to say, iam leaving the eu, if greece was to say, i am sinking inalue by 40%, there would be problems in a few years. the european union does not want to see any fragmentation post brexit. what kind of deal is going to be cut? is greece going to get any more leeway? i think it have to be. with 11 one half million people, virtually no business industry outside of agriculture and tourism, how are you going to repay that debt? that is what the imf is arguing and that is why they did not come in on the last deal. they have said, you are being too tough on greece. you think that's going to come this time? yes. u nless that's going to come this time? yes. unless they say, we have had enough of this. just very quickly, 29 hours per year spent going of this. just very quickly, 29 hours peryearspent going in of this. just very quickly, 29 hours per year spent going in the wrong direction because of satnav? yes, i getjane direction because of satnav? yes, i get jane on my satnav. that is what she is called. you can select it.|j don't even know the name of min

and vice-versa here, and in greece it was the same.nd then i come here and it is the best country i've ever been. it's the best people. it's like the same. deniz: i try to avoid to talk about what's happening in turkey when we are sitting in a small group, or whatsoever, because it doesn't contribute to anything. it doesn't contribute to our current situation here, it doesn't help anything, and it also makes us more stressful. what if we go back there? reporter: since they don't know when or if they'll ever go back to turkey, they're making the most of life in greece. damien: it's just like a small danish village. it has a shopping street, a fitness center, and a library. but this isn't any ordinary village -- it is reserved for people with dementia. and it's the first of its kind in denmark. with europe's population ageing, projects like this are getting a lot of interest here. so we decided to visit to see just how residents are settling in. reporter: in denmark's first dementia village, people who don't always recognize the world ar

and vice-versa here, and in greece it was the same. and then i come here and it is the best country i've ever been. it's the best people. it's like the same. deniz: i try to avoid to talk about what's happening in turkey when we are sitting in a small group, or whatsoever, because it doesn't contribute to anything. it doesn't contribute to our current situation here, it doesn't help anything, and it also makes us more stressful. what if we go back there? reporter: since they don't know when or if they'll ever go back to turkey, they're making the most of life in greece. damien: it's just like a small danish village. it has a shopping street, a fitness center, and a library. but this isn't any ordinary village -- it is reserved for people with dementia. and it's the first of its kind in denmark. with europe's population ageing, projects like this are getting a lot of interest here. so we decided to visit to see just how residents are settling in. reporter: in denmark's first dementia village, people who don't always recognize the world

they praised greece and what the country had achieved.his new french counterpart are confident greece. its problems. >> -- greece will solve its problems. >> we have to discuss this together and we'll see what results come. what is important is that a solution is found that will appease the greek people and also greece's creditors. >> i absolutely share his view. it is remarkable with -- what the greek government and parliament has decided on. it goes in the right direction. reporter: but when it comes to get relief, they remain against it. germany's parliament would have to decide on any new relief for greece. despite massive protests, athens agreed to a third austerity package last week with cuts to pensions and higher taxes. but the measures only take effect in 2019. the greek prime minister talked on the phone today with france's new president emmanuel macron. che made it clear that if the euro group does not make debt relief soon, it could threaten the latest austerity package. fanny: immobility. the competition wants to catch up. th

greece failed to secure to unable to getan greece failed to secure to unable to get an extra in stormontins us now. we have been here before. we may well be here again. yet again we have a greek debt repayment deadline looming, money owed to investors and the european central bank coming in july and greece needs the next bailout payment which has been delayed for many months in order to meet that debt obligation. we have been there before as well. on one occasion greece missed a payment deadline to the international monetary fund by a short time. but what has been happening is greece has now made reform commitments to satisfy the rest of the eurozone. they have also got the commendation of the international monetary fund, but some of the rest of the eurozone who would be making this payment indirectly through a eurozone agency, particularly germany, wants to see the imf sign off on the programme is being credible and the imf is not prepared to do that. it thinks the projections for the greek government finances and economic growth are not credible, they are too optimistic. they also thin

let's talk greece.t talking about the next round of debt relief because some loans come due injuly? next round of debt relief because some loans come due in july? that's right. there is 7 billion euros due injuly and right. there is 7 billion euros due in july and the right. there is 7 billion euros due injuly and the talks are about is whether the various creditors can agree to lend greece money to pay back some of the earlier debts that it owes and in particular the imf, the international monetary fund for which greece is the biggest ever bail out they have got involved in, they want europe to shoulder more of they want europe to shoulder more of the burden by extending the dur rags of the loans and basically allowing greece to spend more time to pay the money back. will the imf achieve that goal and get more help from europe as it were or will germany and others keep digging theirfeet in? greece was asked to do various reforms. now it is the creditors agreeing amongst themselves what europe has to do

there've been violent protests on the streets of central athens after greece's parliament approved aackage of austerity measures needed to release the next instalment of its multi—billion—dollar bailout. polls have opened in iran's presidential election, with the incumbent hassan rouhani seeking a second term. his main challenger is ebrahim raisi, a hardline cleric close to the supreme leader ayatollah khamenei. the japanese government has approved plans to allow emperor akihito to abdicate. the draft legislation will now be sent for parliamentary approval. the emperor, who's eighty—three, indicated last year his desire to step down due to ill—health. now it's time for world business report. france gets ready for macronomics, but does the new president have the right formula to bring backjobs and growth? plus — nafta nerves. tense times for mexico as its two—decade old trade deal with the us is thrown into doubt. welcome to world business report, i'm aaron heslehurst. we have got about nine minutes, my very last early—morning programme for you all before i moved to a new show. —— mov

from greece. everything comes from greece.rlie: what do you want readers to take away from this book, and this project? victoria: i would like them to be aware of the political and economic conditions in greece over this period, between the time that the deal was made for the cultural center to be built, which was as early as 2006. and 10 years later, it's completion. an awful lot happened in that time. you mention seven governments. they had this crazy finance minister. you remember him? and the current prime minister who promised one thing one it to say that he would do away with the austerity conditions, nad then -- and then a couple of months later, maybe weeks later, he reversed himself and said sorry folks, we are not going to do away with it. it was a very dramatic time, and it was heartbreaking in terms of what the greek people were going through. i really would like -- i tried to write the book, and position, the cultural center as a symbol of hope, a beacon of light in this adversity. i think it is. everybody i ever

kept bailing greece out forever? finance minister is [inaudible].s >> this debasement of democratic what you get when you have seven years of a great has been which constantly forced by the austerity and further toxic loans which are the problem, l of not the solution. >> since the economy crashed 260 e has received about billion euros from bailout debts.ms to help pay back the eurozone finance ministers next t to discuss the round. it is set to cut spending austerity measures. thursday parliament approved the late latest. hasobody is denying, no one any doubt that the agreement has indicts. does open a path in front of us. > despite the money greece is back in session. more than a quarter of the work and is out of families have less money to spend. even hrow the loans -- though the loans help the avoid debt.lt they are more in it is now almost 180% of g.d.p. latest round of austerity has drawn protests appear and -- and strikes. >> will some other countries apart by war hope the private sector can help them. major t

bbliotech, the box of the book. >> rose: came from greece. >> from greece, everything comes from greece. >> so what do want readers to take away from this book and this project? >> well, i with like them to be aware of the political and economic conditions in greece over this period between the time that they deal with-- the deal was made for the cultural center to be built. which was as early at 2006. and ten years later, its completion. and an awful lot happened in that time. i mean you mentioned seven governments. they had this crazy finance minute ster, you remember him. and the current prime minister who promised one thing one day that he would do away with the austerity conditions, and then a couple of months later, maybe weeks later, he absolutely reversed himself and said sorry, folks, but you know we're not going to do it away with it. it was a very dramatic time. and it was heartbreaking in terms of what the greek people are going through. and i really would like, i tried to write the book and position the cultural center as a symbol of hope. as a beacon of light in this add v

we will discuss that more ina greece's debts.moment but that is likely to boost markets because the debt crisis rearing its ugly head once again as faras crisis rearing its ugly head once again as far as greece is concerned and that really concerns investors elsewhere. we will talk about that more ina elsewhere. we will talk about that more in a moment but first to the united states because samira hussein has details about the trading day ahead at wall street. the federal reserve begins its two—day meeting on interest rates on tuesday. the policymakers will be issuing a statement at the end of the meeting with their assessment of the us economy and most crucially whether they vote in favour of a rise to us interest rates. on tuesday the world's largest tech company will be reporting earnings and all eyes will be on apple's iphone sales for the quarter, especially the iphone 7 plus. investors clearly have high expectations. the stock price for apple hit a new record high in monday's trading. and also reporting, pharmaceutical gian

from greece's bailout is released.lose to $8 billion. that's not the half of it. its debt is close to $350 billion, that's more than 180% of the country's gdp. the international monetary fund argues without that debt relief greece is far less attractive to investors. that then damages their economy. but there is a counter argument. andrew walker explains. greece has actually had debt relief already in the form of extending repayment periods, interest rate caps and reductions. germany is relu cta nt to caps and reductions. germany is reluctant to go further up front because i think they would like to maintain some sort of incentive on the greek government to continue doing the things that germany and the others think they ought to do. it is striking that this is a fairly firm line that the finance minister has maintained that there are signs of divisions within the german government coalition with the foreign minister suggesting that maybe they should be doing more and sooner. we'll keep an eye on if the deal is done. w

a 5 billion euro saving to appease foreign creditors of greece.ntry has been trying to dig its way out of economic crisis. progress has been made, but not enough to escape its reliance on outside help. greece faces its next big debt demand in july, and, on monday, eurozone finance ministers will decide if the country has done enough to receive a 7.5 billion euro bailout fund to keep the economy afloat. earlier in the week, hundreds of thousands of greeks joined a 24—hour general strike. government offices were closed, flights grounded and ships stayed docked. alexis tsipras believes these measures are vital for the economic survival of the country, but he and his party were elected on a promise to resist austerity. a promise not forgotten by people now demanding his resignation. north korea has largely cut itself off from the outside world. and international sanctions imposed over its missile and nuclear tests have brought more isolation. but, surprise surprise, the first—ever passenger ferry between north korea and russia has docked in the russia

greece faces its next big debt demand in july, and greece faces its next big debt demand injuly, andy has done enough to receive a 7.5 billion euros bailout fund to keep the economy afloat. earlier in the week, hundreds of thousands of greeks joined a 24—hour general strike. flights were grounded and ships stayed docked. alexis tsipras believes these measures are vital for the economic survival of the country, but he and his party were elected on a promise to resist austerity. a promise not forgotten by those demanding his resignation. greg dawson, bbc news. north korea has largely cut itself off from the outside world. and international sanctions imposed over its missile tests have isolated the country further. but not entirely. the first—ever passenger ferry between north korea and russia has docked in the russian port of vladivostok. pascale davies reports. this russian port of vladivostok is home to one of the largest north korean communities outside of north korea in the world. and theirjourneyjust got a little easier. for the first time ever, the ferry will run between here and

one in 10 of the children who arrived in greece traveled alone. these syrian brothers said their parents sent them to europe to avoid being conscripted. init is dangerous to stay syria, because they are taking children like us from the age of 15 to the war for fighting. reporter: in the shelter they live in, 21 teenagers are learning how to play again. himself.ran as a child he is now a psychologist. >> all of these kids have psychological difficulties. they have aggressiveness, self not wanting to be around other people. some of them will be scarred for life. reporter: the u.n. says record numbers of children are on the move around the world without their, fleeting from countries of conflict and desperation. much more must be done to protect them. bbc news, athens. laura: the harrowing stories of children escaping war. the sports international corporation stopped her from while playing. the restriction against headwear has been revised. the bbc spoke to her about what this victory means to her, the sport, and future players. gooden you are having

a massive migration from greece to the northern countries in europe.ho remain have real trouble because there is also something else missing. in greece, there is just one year of unemployment benefits afterwards. no more social security. this is one of the very important missing issues which also has not been discussed over the last eight years. it is time to change this. daniel: that's all that is happening in business. now to it is happening on the silver screen. brent: to the console festival and this year's stars have graced the red carpet, the opening of this glamorous event. marion cotillard and charlotte ginsburg plate lead roles in -- plate lead roles in the first picture to be screened in the competition. will smith joined the jury for the first time, sharing a stage with the president of the judging panel. i think you see him there. pedro automotive are. -- pedro almodovar. u.s. lawmakers say they have invited james comey to testify before congress over allegations he was pressured by the president to drop an investigation into his former nat

back -- accept greece back?gislation is going through parliament this week. it will go through. no doubt about that. having done that, we need to have the imf in germany to sit down and actually agree on the parameters of debt relief. the debt relief will not be immediately. the parameters will be decided and it will be implemented after 2018. it is important the parameters are decided now. once that is done, that clears the path for the ecb to include greece into the quantitative easing program. this could be in july or september. that will be the trigger's first --ay back into the market that will be the trigger for greece's foray back into the market. it will be some kind of return to normality and will give hope was the program is over in the summer 2018, you're not completely out of the woods, but you need some kind of a light success of program with a credit line, but not a full scale follow-up fourth program. guy: george, if you could wait for a moment, we're going to take the audience back to halifax whe

they argue even if greece falls out of the bloc, the euro will survive.wn time and time again they will do whatever it takes to keep the currency going. to keep the currency going. and then there is the politics. the euro, unlike other currencies, is more than a means of payment. it is a symbol of europe's aspiration to unite in peace and prosperity. but some business leaders, analysts, and politicians suggest the currency's structural deficiencies mean its demise is just a matter of time. jonathan: that was just one of many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with all the latest business news and analysis 24 hours a day. that will be all for "bloomberg best" this week. thank you very much for watching. i'm jonathan ferro. this is bloomberg. ♪ ♪ haidi: china's industrial profits rose to more than $83 billion. this includes trade strengthening check -- strengthening. dividedresident trump's opinion. angela merkel said europe and the u.s. are drifting apart. haidi: warning lights are flashing in australia

they argue even if greece falls out of the bloc, the euro will survive.have shown time and time again they will do whatever it takes to keep the currency going. and then there is the politics. the euro, unlike other currencies, is more than a means of payment. it is a symbol of europe's aspiration to unite in peace and prosperity. but some business leaders, analysts, and politicians suggest the currency's structural deficiencies mean its demise is just a matter of time. >> ♪ jonathan: that was just one of many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with all the latest business news and analysis 24 hours a day. that will be all for "bloomberg best" this week. thank you very much for watching. i'm jonathan ferro. this is bloomberg. ♪ >> i love i really believe it but we ended up winning one of the greatest games in history of college basketball. last year, you won your third gold medal. see those guys with medals around the next, national anthem being play, and what would you say the most important

senator kennedy: greece. well, i think it's unfortunate whenever a the military takes over from a democratic system in a country. i think it's particularly unfortunate when it takes place in europe, where other countries of the world look to for some kind of guidance, and i think, particularly, because democracy began in greece, began in athens, that it's particularly unfortunate that it should happen there. i think the united states must make it clear that we -- that our relationship with greece is going to continue to be strained unless the country returns to democratic processes, and i, for one, would be opposed to giving any military aid or assistance to greece until it's made quite clear that the people themselves are going to determine their future, not a military junta. mr. collingwood: do you agree with that, governor reagan? governor reagan: well, this is a pretty cloudy situation over there, and i'm not sure that i agree completely that -- well, i'm not sure that the forces that the military junta r

they argue even if greece falls out of the bloc, the euro will survive.time and time again they will do whatever it takes to keep the currency going. and then there is the politics. the euro, unlike other currencies, is more than a means of payment. it is a symbol of europe's aspiration to unite in peace and prosperity. but some business leaders, analysts, and politicians suggest the currency's structural deficiencies mean its demise is just a matter of time. ♪ jonathan: that was just one of many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with all the latest business news and analysis 24 hours a day. that will be all for "bloomberg best" this week. thank you very much for watching. i'm jonathan ferro. this is bloomberg. ♪ ♪ announcer: from our studios in new york city, this is "charlie rose." charlie: we begin this evening with the fourth leg of president trump's first trip overseas. the president was in brussels today. in a speech at the new nato headquarters, he criticized members of the alliance for failing

and tell us some of your stories. >> so, i was volunteering in greece for two times.the first time, i came back to israel actually, and, unfortunately, tragedies happen there on weekly basis. and the most devastating one happened on the 28th of october, when two boats started to sink at the same time and more than 70 people drowned. many of them were kids and babies because they're the ones who are not able to swim. and that occasion made me decide to go back for the second time. so i have been there for almost two month, and our team of israaid -- doctors and nurses and social workers -- are there for already six months now. >> wow. dr. david, you are on sort of a cross-country tour with your colleagues who are involved in israaid. what do you want people to know about what is israaid, and what is it doing? >> well, israaid, first and foremost, is a humanitarian assistance organization with israeli volunteers. they work all over the world, not just in greece, not just in europe, not just in the middle east, but also in japan and even in the united states with hurrica

one in ten of the children who've arrived in greece travelled alone.ent them to europe to avoid them being conscripted. it's very dangerous to stay in syria because they're taking a lot of children like us from the age 16 to the war, to fighting. in the shelter they live in, 21 teenagers are learning how to play again. the man in charge of the refuge fled iran as a child himself and is now a psychologist. translation: all these kids have psychological difficulties — they have sleep problems, aggressiveness, self—harm, not wanting to eat or be around other people. some of them will be scarred for life by what they've been through. and the un says that record numbers of children are now on the move around the world without their parents — driven from their countries by conflict and desperation. much more must be done, it says, to protect them. caroline hawley, bbc news, athens. let's speak to jens matthis in new york. he co—authored the unicef report about child migrants and refugees. it isa it is a shocking report. many people suspected as much. what ar

you have the example of it giving 104 million pounds, military aid to greece. so many examples of america refusing to allow a people -- >> are you talking about a people determining what they will have or are you talking about a faction within a country that wants to take over and dictate the system to a country? i disagree -- >> would you say that the regime is a popular one or was it one which you imposed on a people and which the people then rebelled against? >> i doubt that you can make much of a case. i challenge your history. in 1954-because there was a referendum taken in 1954 in which 90% of the people voted in a referendum to take the position that he took. he was subsequently endorsed in two other elections a few years apart in which they elected general assembly for his government. they reelected him for his position. we could hardly have installed a pupt regime at a time when we have less than 700 unarmed military advisers helping to teach the means how to work as an army for protection. >> are you saying that you approve of the activities of the re

reporter: the financial crisis has left greece reliant on its international creditors, the eu and imf pushing for reforms that include a major overhaul to jim's. -- overhaul to pensions. billions in euros of cuts between 2018 to 2021. if past the reforms would take effect in 2019. they would scale back tax breaks and cut pensions by almost 18%. repayment the loan will be repaid by eurozone finance ministers on the 22nd of may. appeasing its foreign creditors will allow the release of its latest installment for greece's bailout funds due in july. the public fights against the ongoing cuts while struggling to survive. host: the brazilian president has caused to step aside. they authorizedt payments in a corruption scandal has sent markets tumbling. he is expected to address the nation momentarily. for more on this story we can bring in our correspondent in rio de janeiro. what happens next? tim: we have to see what happens with the president. these accusations are damaging indeed. the entire political class is being engulfed in the consequences of the anticorruption inquiry. ofis clearl

you will start in greece, where progress has been made in its bailout standoff.ed antry has agreement to a dense lenders on a package of reforms in exchange bailout loans. it includes a further 18% cut to pensions, as well as tax rises to choke him in 2020. the greek government had been reducing further reduction payments. they have fallen by 40% since 2011. there is a meeting on may 22. the tension may shift to the issue of debt relief for greece, demanded by the great government and imf. genie: now to something different. in hollywood, a strike by scriptwriters has been narrowly missed. >> they reached a deal with tv and film studios. seen contract could have productions on hold. writers will earn $130 more casual and 130 more. .> a deal has been struck driving the dispute, then you tv land skate incorporating other streaming services and the sharp decline in the typical number of series episodes produced. payout per episode acis, the writers guild of america say they have suffered a 22% drop in earnings in the past three years. union wanted an increase in roya

if greece falls out of the block, the euro will survive.hown time and time again, they will do whatever it takes to keep the currency going. and then there is the politics. the euro, unlike other currencies, it is a symbol of europe's aspirations to unite in peace and prosperity. but, some business leaders, analysts, and politicians suggest the structural deficiencies mean its demise is just a matter of time. ♪ >> that was just one of many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with all the latest business news and analysis 24 hours a day. that is all for "bloomberg best ," this is bloomberg. ♪ ♪ narrator: raised in exile during the cultural revolution, ai weiwei is a man driven by his conscience. an artist as much as he is an activist. he uses sculpture, installation, film, and even social media to speak about issues surrounding truth, justice, and human rights. >> ai weiwei

if greece falls out of the block, the euro will survive.n time and time again, they will do whatever it takes to keep the currency going. and then there is the politics. the euro, unlike other currencies, it is a symbol of europe's aspirations to unite in peace and prosperity. but, some business leaders, analysts, and politicians suggest the structural deficiencies mean its demise is just a matter of time. ♪ >> that was just one of many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with all the latest business news and analysis 24 hours a day. that is all for "bloomberg best," this is bloomberg. ♪ ♪ jonathan: from new york city for our viewers worldwide, 30 minutes dedicated to fixed income. this is bloomberg "real yield." ♪ jonathan: coming up, chair yellen has a plan to unwind a $4.5 trillion balance sheet. it makes it as boring as watching paint dry. the u.s. economy's first quarter was not so miserable after all but a big upward revision fails to shake treasuries. opec, whatever it takes falls

greece especially important as you are moscovici is confident they will have a discussion on greece andt relief package by or at the euro group meeting on may 22. anna? anna: let's look at what is happening on the european open. a little stronger open expected. the asian session has been weighed down by concerns on the u.s. consumer. the mliv team was concerned about what was happening on the u.s. consumer side of things. we will see how that lays out in the european open. it looks as if we are waiting to get the start of the trading day underway here in europe. are ons of where we these markets, it seems to be a little stronger across european equity markets. a little strongerm let's have a look at earlier movers on this market are some of these games are coming from. the mov function on the stoxx 600. most of the ups -- moves to the upside from vivendi, by 4% this morning. some of the banking stocks pulling up. we will get a better take as the minutes ticked by on what is happening on the equities session. m&a has been a bit of a theme. vivendi has made a big for french appetizing fir

talks on eating greece cost debt ce's debt load.sks whether a minister will likely have meetings on greece over the weekend. aboutm not talking precise meeting, but we can have the occasion to discuss the euro there. it is positively in our mind, because since the happened, since the stock level agreement ended to the climate of the talks, we can be reasonably optimistic that we can have an agreement and a satisfactory one in the euro group of the 22nd of may. we are working with that. the commission is positive. we believe that the greek authorities are not delivering reforms that the necessary adjustment is being made, that also we have the opening for growth policies in the future, and yes, the climate is quite positive. so we are not yet their. while, it is a work -- not yet there. it is a work in progress, really progressing. matt: do you think the imf will be on board as well? pierre: we need the imf on board. we want the imf on board. discussions with the imf. the imf is involved. it is positive. when i speak about it, it inc

andany is supporting greece italy and portugal, got to leave devices.heir own question int was to the last its america lady that previously. he its has been around for 25 years, ford, general motors and tesla, aren't members, why? aren't any trucking

past the affair -- welfare -- dedicated to greece is welfare. those who have a priori allegiance to economic or political theory that they believe should dominate the world. ranks -- you believe another system ?ould be better than communism that we should not quarrel or and sayainst each other such things as you said. we would like to negotiate in vietnam now days. and we would like to negotiate now in vietnam and out with the americans right now. 50,000 american soldiers are going to vietnam and we think that it will create a new world war. [indiscernible] -- they would like to send volunteers there they would like to send our volunteers. would be a new world war. i think instead of sending american troops to vietnam, it is best that we negotiate and to stop this war in vietnam and negotiate and create a good atmosphere. discussion is sounding like many i've had in europe. it is one in which the discussion of vietnam somehow disintegrates into bulimic -- polemic discussion. the united states is not out to achieve a position of power. i think th

greece is still about 40% of its youth unemployed.get to a point where european youth are employed to their fullest? edmund: well, that is going to be a very long haul. greece, i understand the more depressed i get about it. talk thatlways this they would be ok if the battle guys in germany and elsewhere in the eurozone would let them increase spending and step up budgetary deficits. but they have got, what is for them, the normal level of deficits now. it is not as if they have been to over the head and told reduce the deficit. the deficits are already on the long side -- large side. thing i learned just recently about greece is upt wage rates shot way between the years 2000 and 2010. and of story. how can a country possibly have high unemployment when wage rates went through the roof? say,urse you could couldn't we get the wage rates down again? that is very difficult to do, so i think greece has made two mistakes. let wage rates get completely out of hand and secondly, it left the budgetary -- let the budgetary deficit get out of h

one in ten of the children who arrive in greece travel alone.ne. his brothers told me their parents sent them to europe to avoid them being conscripted in syria. translation: they are taking many children like us from the age of 16 into the war to fight. in a sheltered a living, 21 teenagers learning how to play again. the man in charge of the refuge fled as a refugee as a child himself. translation: these children have psychological difficulties. they have sleep problems, oppressiveness, self harm. not wanting to eat or be around other people. some of them will be scarred for life by what they have been through. and the un says that record numbers of children are now on the move around the world without their parents. driven from their countries by conflict and desperation. much more must be done, it says, to protect them. let's quickly roundups are more of the main use. the french president has unveiled a cabinet from across the political spectrum. an equal number of men and women. pre— european conservative is a economy minister and the outgo

a train has derailed in northern greece, killing at least four people and injuring five more.town of adendro showed smashed carriages, including one which hit a house. the train came off the rails as it was travelling between athens and greece's second—largest city, thessaloniki. sarah corker reports. pa rt part of the express train ended up lodged in the ground floor of a house next to the tracks with the carriages toppled onto the sides, smashing windows. five in total derailed during the incident in northern greece. 12 fire crews were involved in the rescue operation which continued through the night. the train was heading from athens to thessaloniki in the north were it derailed near the town, 23 miles from its destination. among the injured is the driver who is in a critical condition, the rail company said. dramatic photographs showed the scale of the damage, the carriages ripped through overhead ca bles carriages ripped through overhead cables and this is where the engine finished its journey. 0ne cables and this is where the engine finished itsjourney. one man said he

one in ten of the children who arrive in greece travel alone.em to europe to avoid them being conscripted in syria. it is dangerous to stay in syria. they are taking many children like us from the age of 16 into the war to fight. in a shelter, 21 teenagers learning how to play again. the man in charge of the refuge fled iran as a child himself. translation: these children have psychological difficulties. they have sleep problems, oppressiveness, self harm. not wanting to eat or be around other people. some of them will be scarred for life by what they have been through. and the un says that record numbers of children are now on the move around the world without their parents. driven from their countries by conflict and desperation. much more must be done, it says, to protect them. yens matthis co—authored the unicef report about child migrants and refugees. he told me why the report could help make a difference. i think we are at a moment in history where the world has come together to understand that it cannot go on like this and that children

greece will be in focus.ave heard optimistic statements about the fact you could actually get a conclusion to the greek debt problem by the euro group meeting on may 22. sec. general gurria: greece is thea member of the oecd. we are working on competition and education issues. we're working on what i would call the future, the tomorrow of greece deion the shorter-term -- beyond the shorter-term agreement. the question is, they need space in order to be able to grow again, because the burden of the debt is too heavy. the problem today is that most a the debt it nf not all is public debt. it comes from the imf or european taxpayers. and, therefore, that is more rigid in terms of giving, you know, net debt reduction than it was when it was private bonded debt when you could've had a market-based, very more traditional type of negotiation and reduce it at least by half. we lost that opportunity. we are now left with the consequences of having lent to greece oto pay at 100 cents on the dollor, oar or the euro. the