if greece was underestimating the amount of people greece has actually its facts right greece is the country that it's dealing with the problem every day now for the past three years actually two years ago the islanders of from less divorce were nominated for a glow a for a nobel peace prize we know what's happening in our country things are difficult we are dealing with there and a stereotype crisis and on top of that we have a refugee crisis it was the minister the dutch minister of migration that a few weeks ago as i was reading was very content from the new legislation the greek government is putting forward that it's going to actually increase the stuff from the people. who are dealing with asylum seekers with all the claims it's going to raise the number of translators use there in order to be able to somehow streamline the asylum process and the medical assessment so that people can move to the mainland and then all of europe i would die get that statement then migration minister made was for domestic consumption there are other than being land and i would say that it's on the

in greece and they want to go out of greece they want to go to germany they want to go to france they want to go all over europe so that they can find some relatives and live with their families but on the other hand we have four or five countries around they from eastern europe these are good groups that see no really will never participate in this team so right now the who is also not ready to convince all its member countries that sort of diety this is the main pillar of of for the future this is the worst case scenario that could ever happen so right now the e.u. should also. make more plans and new plans on dealing with this crisis first of all a second of all i am and i totally believe that there should be also finds finds the words of the b. two words the countries the ocean that wish not to participate in this really a case. nicholas appreciate you coming on thanks for your time my guest thinks that i think there's a close speck us and i've said it once but i'll say it again because it's always chewed greatly appreciate your time thanks for chiming in i hope you'll be around a

and greece isn't the only e.u. country that survived the last crisis in the euro zone portugal was on the verge of bankruptcy in two thousand and eleven but today the government is paying back its debt faster than anticipated unlike greece austerity is a thing of the past in portugal and that's things to a thriving economy. business is good for evil al gore sht he produces portuguese wine on his vineyard outside lisbon he has thirty employees and is looking to expand in the beginning there. and then have to upgrade it to increase the capacity then we. we will double the capacity we. just. because we are in the maximum capacity of production and we have more demand and with what can you produce since two thousand and fifteen portugal's g.d.p. has been growing again last year by two point seven percent tourism has been the main driver more than twenty million people spent their holidays in the country in two thousand and seventeen the government has bolstered the sector by reducing b a t for hotels and restaurants. t

now greece's reform efforts are called. that's the greek city. it's looking much better than in france that's for sure but we're talking about great credit here not the financial type of praise coming from officials on a job well done. and then fizzle and that's to business the german economy minister says raising tariffs is the wrong way it would hurt jobs in germany europe and the us peter myers says putting off the decision is trying to just hours before the midnight deadline is a big problem because of the persistent uncertainty it's causing businesses. a sigh of relief for the steel industry at least for the moment for the next four weeks the e.u. can sell steel and adamantium to the u.s. without additional tariffs then negotiations will come to an end with says washington no more extensions in march trump announced plans to slap levies of twenty five percent on steel and ten percent on aluminum imports to the u.s. then two weeks later he granted the e.u. and six other countries a waiver that and today may first washington says it's been unf

than greece? greece was an issue that dominated headlines globally for years. >> well, it did. the reason that greece was like that is the exposure of the german banking sector, french banks to greece. greece, in a sense, wasn't systemically as important as italy, which is so much larger and obviously in terms of the global economy is so much more important. the other thing is i don't think we're looking at a crisis. we're looking at spreads being very sol tivolatile, spreads wig out and realizing the banking sectors of some countries are intertwined with italy the prospect of further elections in italy on the 29th of july. and the ecb on the 26th of july has a key meeting where it's supposed to be telling the market what it would do in terms of tapering later this year. so elections later in july would throw more uncertainty into this mix. >> is italy the same kind of potential contagion economically as greece was? greece as you noted was tied to the german banks people didn't worry about greece,

and labor unions in greece strike against austerity as the country's financial bailout program nears its end. by some developing news now coming from the afghan capital first there's been several explosions as well as gunfire in the area around the interior ministry in kabul now this is a busy area with embassies and government buildings officials of close the international airport well there's been several attacks augustine security forces in afghanistan ever since the taliban launched its a cold spring offensive that was last month on tuesday seventeen security check posts fell to the taliban in takar province and two policemen were killed on the very same day in central province a suicide bomber detonated a small truck which was filled with explosives three policemen were killed in that attack and the early. all made the fifteenth taliban fighters attacked province from multiple directions and they briefly seized the provincial capital city twenty five members of the security forces and five civilians were killed let's go live now to kabul our correspondent there is jennifer glass

meaning that the crisis could spill over from greece to italy and other southern european countries so the worries were not so much about greece some five years ago worries will more about the fact that crises might spill over. into other markets like the tell you markets and in that sense we are now in that exactly that situation that we feared five years ago it was not exactly a spillover it's like a homemade crisis they are having internally now they cannot really attribute this to the situation in greece anymore but we are exactly in that situation which we actually feared five years ago that italy might go down the road and that italy might run into serious troubles and this is exactly what markets are currently simmering so i mean it is debt is huge and if it's silly. to be governed by an empty government collision or up after fresh elections perhaps a single party that is anti european is the euro strong enough to handle such a situation frankly at this stage i fear not i guess if the actually exits from the monetary union this would probably be the end of the euro itself and

and sweet success experts blame sugar for all sorts of ills so replacements of booming producers in greece position themselves for profit. under winter and this is all business update china says it will slash import duties on foreign car starting on the first of july tariffs will be lowered from as much as twenty five percent to fifteen percent beijing's announcement comes as it tries to cool trade dispute with the united states the two sides recently decided to hold off on punitive tariffs on each other's goods while negotiations on a deal to narrow china's trade surplus with the u.s. continue it looked as if a trade war had been averted but now president trump says he's not happy with the deal so far. on wall street for us yes it seems like a done deal now trump isn't happy what happens now. it will take time and that's what old saw you as president donald trump said that it will take a little while before there might be a solution to the trade talks but actually i'm not really that surprised because if you just think back a couple of days the u.s. government was talking about they want

greece isn't the only you country that only just survived the last euro zone crisis portugal also needed a bailout from a turn for a bit of stairs then a socialist government was returns of power and raised the minimum wage boosted welfare and reversed tax cuts on the rich the markets screamed in panic but today portugal has been growing every quarter since late twenty fifteen corporate investment has rocketed and the budget deficit has been hard to just over two percent the new policies also combined with a nice little earner for a sunny country. business is good for evil. he produces portuguese wine on his vineyard outside lisbon he has thirty employees and is looking to expand in the beginning there. and then have to upgrade it to increase the capacity then we. we will double the capacity we. just. because we are in the maximum capacity of production and we have more demand and with what can you produce since twenty fifteen portugal's g.d.p. has been growing again last year by two point seven percent tourism has been the main driver more than twenty million people spent their holidays

sugar is being blamed for all sorts of ills so replacements are booming producers in greece now forming co-operatives together profits tastes sweet. wellcome we'll get to those stories in a moment but we start with some breaking news japan and russia have notified the world trade organization of potential retaliation for president trump's tariffs on steel and alan many of japan calculates that based on last year's trade figures it's retaliatory sanctions against the u.s. tariffs could amount to four hundred fourteen million dollars other russian television would be even more adding beauty is worth some five hundred thirty eight million dollars to u.s. imports now the country has named the u.s. products they might target. coming back to europe analysts and politicians in france and germany are some of the alarm over the new government being formed in italy they fear the new coalition made up of two populist parties will roll back on at least commitments on debts and threaten euro zone stability the two parties the nationalist leak and the anti establishment five star movement of come one

in other news now greece might soon be able to exit a bruising bailout program that was put in place by the international monetary fund and the eurozone that's according to one of the blocs finance ministers but the deep economic crisis and austerity measures the country has suffered has been blamed for the rise of the far right groups their golden dawn described as fascist and neo nazi and the media has gained wide support a special report by a media group looks at its spike in popularity. terry is one of the latest victims of golden dawn the far right group that has surged in recent years while unleashing a wave of violence she was attacked by several members of the group earlier this year at a community center in the city of parathas. it was a lot of the. what he said. closely i thought i might give us a call its mother to sing without. basis a b. i hear all of the fact that the guy again now. just to separate the ones who professed his seventies the us the. us the. us the. golden dawn's meteoric rise was mirrored by that of the coalition of the radical left or sarees of which for

georgina: greece has had three bailouts, worth over 250 billion euros. during eight years of austerity, it slashed public spending and pensions. they led to clashes on the street. but the goal is that greece exits the current bailout program in august. to do so, athens needs to raise money on the financial markets. italy has shaken investor confidence. exiting the bailout was never going to be easy. greece is the most heavily indebted country in the eurozone at 180% debt to gdp. employment is around 21%, and banks are plagued by bad debt. economy the greek through 1.4%. between 2015 and 2016, foreign investment nearly tripled. tourism flourished with more than 30 million visitors last year. even after it exited the bailout -- exits the bailout, greece will remain under close surveillance. in june, european finance ministers will discuss what is needed next for greece. genie: a giant of the advertising world is returning to the business. stephen: the world's biggest for threeg company decades. he stepped down in april after investigation into unspecified

well greece isn't the only e.u. country that survived the last crisis in the eurozone portugal was on the verge of bankruptcy in two thousand and eleven but today the government is paying back its debt faster than anticipated and unlike greece austerity is a thing of the past in portugal and that's thanks to a thriving economy. business is good for evil. he produces portuguese wine on his vineyard outside lisbon he has thirty employees and is looking to expand in the beginning there. and then have to upgrade it to increase the capacity then we. we will double the capacity. because we are in the maximum capacity of production and we have more demand and with what can you produce since twenty fifteen portugal's g.d.p. has been growing again last year by two point seven percent tourism has been the main driver more than twenty million people spent their holidays in the country in two thousand and seventeen the government has bolstered the sector by reducing b. eighty four hotels and restaurants. a country's ruling left

correspondent dan cohen fills us in on the economic progress made by greece and their economy and a snoop dogg's said last week we'll put the crypt back in crypto with technology writer morgan tech all that debt ahead but first we hit the headlines. the merger of mania continues yesterday was a particularly busy and big day for mergers as more than one hundred twenty billion dollars worth of deals were announced according to the market tracking firm deal logic we were ported on a couple of those wal-mart's bid to spin off u.k. grocery store locations and refocus on the fight with amazon for the indian market and the third try on a sprint t. mobile merger but there were many others and the numbers speak for themselves there have not been as many burgers since two thousand and seven and they won't be stopping any time soon. among the big deals moving markets on monday was the agreement by marathon petroleum to buy oil refinery endeavor for twenty three point three billion dollars the prices notably payable in cash were shares under a formula that values and devore stock roughly twenty perce

and greece is the any e.u. country that only just survived the last year is a crisis portugal also needed a bailout in return for the base the austerity that a socialist government was returned to power and raise the minimum wage boosted welfare reversed tax cuts on the rich the markets well they screamed in panic but today portugal has been growing every quartet.

and greece has become the tories for being one of the weakest economies and all of the european unionand over the past decade it has a big history of bailouts well now greece may be turning a corner for a closer look at what we can expect in the origins of the greek economic situation let's bring in our correspondent dan cowen dan thank you so much for being here this is a big deal for greece they've been sort of on the dole in the e.u. for a long time but what's changed well i mean this is the the end of these bailouts maybe around the corner but we've seen massive austerity measures implemented fourteen rounds to be exact and the cuts right exactly well yes and so these of basically government employees have lost their jobs pensions have been slashed decrease of the minimum wage increase or retirement age is all well taxes have been raised in two thousand and eleven unemployment in greece was sixteen point seven percent now in twenty eighteen it's twenty point nine percent so it really hasn't done a lot for working people and it's led to a massive. brain drain among young people who

into a quote taliban land and that is the fault of left wing ideology that has quote surrendered greece to the hands of muslims biggest problem great nation because

i mean the almost half of this is like greece meets the reaganomics. reaganomics so you put all populist economic ideas in a basket and you pull out whatever you can find i think it all these things especially in combination do not make sense and i think especially this threat again to drop out of the euro zone to ask for debt forgiveness has to be spooked financial markets yesterday and i think financial markets have sent a clear message to rome and to the next italian government that they should extremely with withdraw these ideas as soon as possible. this draft paper that was leaked in this since been denied or amended is but does that not show that they are willing to fake to flee pointed a gun at the uro's say good germans please send us a couple of billions otherwise we kill the common currency i think you could achieve like that the interesting thing was that the two parties yesterday reacted to the the route in financial markets the financial markets were not blackmailing the next italian government i think what really is needed here is some co

hinted that greece might receive debt relief although germany would be against the move. some important corporate news now and take a look at this figure seventy one percent that's how much british oil giant b.p. is profits soared in the first quarter of this year compared to last year's first quarter and that beat analysts expectations the jump follows a rise in oil prices and production b.p.'s positive showing is in line with its peers shell and chevron the oil sector is benefiting from a massive price rally or oil prices have shot up above seventy dollars a barrel from below thirty dollars early last year. it's the first of may we have been talking about labor reforms but there are other reforms that can also affect the working conditions let's take a look at what's happening in the european union right now fishing regulations for the oceans have been changed experts say three quarters of fish stocks in e.u. waters are being overfished in order to allow stocks to be replenished the e.u. fishing minister has said stricter catch chorus that's likely good news for the fis

hardly any decision was taken in greece without the article being consulted first. the prophetic ritual of delphic existed for a thousand years remaining virtually unchanged throughout that time. before cooling the gods. and will have priests always cleansed themselves in the custody found. then they mounted a procession to the temple of apollo. that assisted by temple servants the prophet has burned laurel branches. now and nothing stood in the way of the god being consulted. descended the steps into the holiest of holies. the procession of those seeking advice united friend and fellow. spartans marched in harmony with athenians despite the bitter war that raged between them and then one hundred kilometers away with claiming fresh victims every day. was it the banal question of who would emerge victorious from the terrible conflict or was each side perhaps ready thinking ahead and taking the opportunity to discuss the situation with the enemy. reason and irrationality always lay closer together in delfi than anywhere else in the world. as it still does today the ro

the first country to declare bankruptcy was greece in november two thousand and nine. the newly elected prime minister george papandreou revealed the real figures that had been hidden by the previous governments greek public debt had reached one hundred twenty nine percent of g.d.p. well above the sixty percent threshold set by the master cittie. he asked for help from europe and. now you do. that there is most. in there will be easy to make and is most exes. you know reason. that announcement was like a bolt of lightning strike in europe. the german chancellor weighed in on the question didn't mind. the day off we did so called and oh by the end. of those are hard work and so i've learned to get in line for a long long last year and for tots not to comment on the him isn't always the mothers of a movie is a lot of them are on their list even the normal length is the emotional interview done and i'm done most commonly used to one another. in one thousand nine hundred two the master treaty set out the terms for e.u. integration it forbade the european central bank from

than for right over all of those over for a while some research has failed to win this fight greece is left is regrouping at the grassroots and taking the battle from parliament back to their communities and the other they want to divert their attention of the people for who is responsible for the crisis so this kind of public support for the governments they operate the space for the far right and the fascist and this political couple in europe what of it is notice systems where there is no left resistivity given a pattern that if they come to this if i can. we can watch the full version of that report on the redfish you cheap channel well those are the headlines for this hour we'll be back at the top of the hour with the latest oh see that. the politics in washington not been driven by the fossil fuel energy lobbyist a cut of gone into renewables ten twenty years earlier and those jobs would be in place generating good paying jobs in america and be part of a growing world beating industry because they kowtow to those lobbyist they got stuck in the coal business which operated by t

meaning that the crisis could spill over from greece to italy and other southern european countries so the words were not so much about greece some five years ago worries will more about the fact that crisis might spill over into other markets like the tell you markets and in that sense we are now in that exactly that situation that we feared five years ago it was not exactly a spillover it's like a homemade crisis they are having into now they cannot really attribute this to the situation in greece anymore but we are exactly in that situation which we actually feared five years ago that italy might go down the road and that italy might run into serious troubles and this is exactly what markets are currently observing so i mean it is debt is huge and if it's silly. to be governed by an ad to a government to coalition or after fresh elections perhaps a single party that is anti european is the euro strong enough to handle such a situation frankly at this stage i fear not i guess if the actually exits from the monetary union this would probably be the end of the euro itself and if mar

greece -- agreed to ease the terms greece faces. debt ratio far exceeds the euro area average. very quickly, the quiet -- the final chart is e.m. earnings. analyst expectations for emerging-market equity earnings peaking a month ago before its pre-week selloff, which deepened last week amid renewed turmoil from argentina and turkey. 90 minutes into the session in the u.s. how is it going? julie: steady as she goes. all major market averages rallying. it has something to do with oil prices. crude oil holding above $70 as we await a decision on the iran nuclear deal from the u.s. by may 12, although traders and analysts starting to talk about whether a pull out from that deal is already priced in at this point. we are seeing a list for oil and gas companies, producers in particular. range resources up 6.5%. marathon, apache, devon. above $70, are these companies going to riskase pumping and increased supply putting pressure on prices? one of the numbers to watch -- the rig count. the blue bars. oil prices in yellow. we have come way d

reached a cease fire with israel after the worst gaza flare up in four years and labor unions in greece strike against austerity measures as the country's financial bailout program nears its end. a group of gunmen have attacked the afghan interior ministry headquarters in the capital kabul police say a car bomb was detonated at the entrance and then several gunmen managed to get inside the compound security forces say they battled the attackers for more than two hours before subduing them. a suicide attacker detonated his explosive at the entrance of the interior ministry and people right after the blast i saw other attackers who had military uniforms getting out from an armored vehicle . jennifer joining us from kabul with an update if there's been a claim of responsibility jennifer. daryn i haven't heard a claim of responsibility it's happened it's happened in the last couple of minutes we do not know who was responsible for this we do know the taliban though in their spring offensive just in the last week or so issued a warning to afghans to stay away from ministries from police stat

and it's going to be ugly it will ready is ugly it's ugly in greece it's ugly in france it's ugly you know in many parts of the world where people are saying if my government went look after my interests if my government will not arrange for my young people to have employment then i will look for a strong man who will do that for me who will give me security and give my children employment security and i don't care what sort of strong manatees if he's a fascist i don't care if he promises to secure the stability of my life and my people i will vote for him i think that's where we are heading and i don't think our leaders have the vision to understand that the threat that we face. what are the solutions have. curd europe curve the death machine what mechanisms canada use . could it play on inflation as other countries do. little as you know jamie almost without it jimmy are probably almost out of it somehow always who literally for one of us here at the investor that out for me said without it don't go best is cool with it we obviously they saw it with. god missile and i'm sure as best

subsidies i got reaction from greece then journalist on a c get marley's member of greece's governing cigarettes a party she told me the migrant crisis is a europe wide problem that singling out two countries to blame is unfair. the thing is that europe has failed to provide a holistic and inclusive solution to the problem. it's a yearly and it cannot prove or solve its solidarity cart their refugee crisis is not a greek or an italian problem and it cannot be managed as an italian or a greek problem it's a european problem end greece and italy have handled that all the burden of this whole situation i think that the criticism is a bit unfair greece any to leave are dealing with the refugee in my grand crisis that with dignity while there are european member states that have resisted the relocation quarters that have resisted to abide by the e.u. turkey agreement that have it is isted to take on the refugees and migrants i can tell you we've put the dutch migration ministers close to the european commission if they do get back to us we'll update you with what we heard this in response.

greece is left is regrouping at the grass roots and taking. the battle from parliament back to their communities and the other they want to divert their attention of the people or who is responsible for the crisis so this kind of bullets work for the governments that your previous post for the far right and the fascist in this body but in europe where there is no resistance where there is no left to resist government giving alternatives become reduced by. donald trump has claimed his administration has greatly contra beauty to stability in the middle east by scrapping the iran nuclear deal and its way to the american presidents that that iran has been trying to take over the middle east i think about won't be the case now that he's pulled out of the deal meanwhile the iranian foreign minister is in moscow for a high level meeting trying to reports. just before the talks began in downtown moscow surrogate lavrov has confirmed that all russia iran china and the you have to do right now is to figure out what they can do to prevent the so-called o

only after six long months of crisis europe finally decided by resistance from germany to lend greece enough to pay its creditors. a small worn out whenever it has broke a new look gabriele suggested u.t. guiseppe baton logged as you know over the overpass unclear cement in his eye fell on i could problem in europe i would be close to rob it's not because it you know putting a buy you comment in this it be your bell on this you did do this looking as you know we do listen as we know it would dislocate if not it is it actually last year in a pretty hot back you're going to go me your number one man our own territory all basket you want. to do or dip in and immediately. say brought a dollar us off it gets closer so this is about oprah keep the soups at a kiosk the p.v. . as you say if you ask about it not one euro of debt has been written down in these years what has changed is the identity of the creditor so money was owed to bondholders in two thousand and ten it's now on to the i.m.f. in the e.u. . if you can solve a debt crisis simply by changing the identity of a creditor and then

greece's economy has shrunk 25%.loyment in italy is still around 11% which is higher than the peak of unemployment in the united states during the crisis which was around 10% so what i guess i'm saying is that the fundamental fault line of europe and the eurozone is much more evidence today than it was during the greek crisis or during the global financial crisis >> having said that, charles, you're talking about really big picture things that europe is going to have to reconcile and what could happen as it happened with greece is the germans can come in and impose their discipline and sort of take charge and the ecb can as well and for the markets, things will be stable. instead of something acute like a potential restructuring. is that basically what's going to happen here >> well, it certainly is possible but ultimately germany has to answer one fundamental question regarding the eurozone in my view, sara they have an 8% account surplus. unemployment in germany is around 4%. are they willing to ever consider shari

european commission's previous claims that nearly one hundred percent of migrants of arriving in greece in italy are being registered he disagrees he says he wants e.u. members who won't share the burden of taking in refugees now to be punished. freeriding should have a price member states refusing to demonstrate solidarity in violation of the e.u. obligations should be penalized through cuts in e.u. subsidies i got reaction from journalists in assists jamali she's a member of greece's governing cigarettes a party told me the migrant crisis is a europe wide problem but singling out two countries to blame it on first the saying is that europe has failed to provide a holistic and inclusive solution to the problem. it's a yearly and it cannot put over sole diary card their refugee crisis is not a great korean italian problem and it cannot be managed as an italian or a greek problem it's a european problem and greece and italy have handled all the burden of this whole situation i think that the criticism is a bit unfair greece any are dealing with the refugee in my ground crisis with dignit

hinted that greece might receive debt relief although germany would be against the move. british evocate change sainsbury's has agreed to merge with wal-mart own the rival as i gather the two will become britain's biggest supermarket groups pulsing current market leader tesco and the passe that the city's generate will enable them to negotiate lower prices persons highly competitive grocery industry is undergoing rapid change german supermarkets like the idea needle and online joint amazon are destructing the country's supermarket business but analysts say the deal could face from regulators. and when people think about a holiday in the middle east egypt jordan dubai often all the first destinations that spring to mind now ultra conservative saudi arabia wants foreign visitors to consider the kingdom the country has an image problem so did up is funny for chas been to the port city of jeddah to see some of the initiatives being launched to get you to think differently about the country. a lot of history can be discovered in just a multicultural and diverse city in saudi a

or a bigger threat to greece than for right. over for well some reason has failed to win this fight greece is left is regrouping at the grass roots and taking the battle from parliament back to their commune. and the other they want to go burt. of the people. who is responsible for crisis this kobolds world for the governments to your previous post the far right and the fascist. this was a good cup of europe where there's no resistance to those no lived there is just going to give you a third movie if. we can watch the full version of that report on the redfish you tube channel. the top story now we're going to show you more live pictures from garza where palestinians are rallying against the u.s. embassy move from tel aviv to jerusalem than studio happened just in just a few hours from now two protesters have reportedly been killed and around one hundred wounded already with the israeli army using live ammunition to protect the border israel has repeatedly stressed this acting according to the rules of engagement and its army i

well greece's third and final bailout comes to an end in organists business part of the multi-billion euro package creditors are demanding new austerity measures including wage cuts and higher taxes weak workers though they've had enough unions have called for a twenty four hour strike train plane and bury services are expected to have widespread cancellations today since the debt crisis started in two thousand and ten wages in greece have been slashed by more than a quarter the greek economy is growing again but many greeks feel they are the ones paying the price for the recovery. perfectly as kook lee's starts his shift in a restaurant on the island of lesbos. he's working as a barista even though he's a trained educator. so that is because which is real estate isn't taking any more applications for teaching jobs at one of the oh that's why i have to work here like i still need to make a living i'm not embarrassed to do this. but i prefer to work in my chosen profession just. low wage jobs in restaurants or call centers are about the only jobs available in greece and even though une

low wage jobs in restaurants or call centers are about the only jobs available in greece even though unemployment has technically fallen by eight percent business journalist notorious notaries however is skeptical about these jobless figures. first of all wages are much lower than before the crisis and it's these secondly these are alternate forms of employment either part time or on call and thus paid as such it to fill these jobs are recorded statistically as proper work. but the government considers this a success story and athens points to the fact that the economy is growing. because not the o.t.s. also believes things are finally improving his glazier business struggled through the economic crisis the last few years were so bad his orders dropped by half. he was only able to keep his twenty three skilled employees by reducing their hours but he needs more investment capital apiece to grow his business. from the minority. the problem is that we can't direct profits into investment for the company because we have to pay operating costs taxes and social security contributions but

why dope and plains and plenty of sun here in central greece conditions are ideal for cultivating stevia growing interest in the plants used as a sugar substitute has prompted seventy local farmers to clump together and form a co-operative stevia hell us is now europe's biggest stevia plantation. german. to begin with we knew nothing about how to cultivate stevia but step by step we discovered how to make sure it grows well here but everyone. the farmers consulted scientists who told them more about the plant's properties. as consumer demand for the sweetener grows farmers are keen to learn more about growing as a kilo of dried stevia leaves patches between two and seven euro's depending on quality a large portion of exports go to germany and france demand for the sweetener in powdered crystal form is high too but there's only one factory that prothesis steve yeah and it's located in front unsurprisingly the co-operative wants to open its own processing plant in greece members are hoping the e.u. will help them out with subsidies. for the next five years planting biased on in machinery a

but as italy keeps markets jittery greece looks on track for steady growth again in two thousand and seventeen the economy expanded by one point four percent this year the o.e.c.d. expects growth of two percent and given those figures athens could soon exit the international bailout program by the e.u. the european central bank and to the international monetary fund the current third aid package totals eighty six billion euros and it will run out in august two thousand and eighteen preliminary forecasts suggest that greece's debt burden will reach around three hundred fifty billion euros this year but the economy is on the mend unemployment has dropped below twenty one percent many greeks however work in low paid part time jobs also taxes are high while pensions and salaries are fallen twenty to forty percent so the economic recovery as yet to reach average greeks. apparently as kook lee's starts his shift in a restaurant on the island of lesbos. he's working as a barista even though he's a trained educator. i love this because this is where the state isn't taking any more applicatio

research has failed to win this fight greece is left is regrouping at the grass roots and taking the battle from parliament back to their communities and the other they want to divert their attention of the people. who is responsible for the crisis so this kind of bullets will for the governments to your previous post for the far right and the fascist and this was a good couple in europe where there is no resistance there is no left resist the giving alternative become tributes right. where you can watch the full version of that report on the redfish you tube channel . now donald trump has claimed his administration has greatly contributed to stability in the middle east by scrapping the iran nuclear deal in a tweet the american president said that iran was behaving badly with the deal in place he went on to say that iran was trying to take over the middle east expressing his certainty that this will not happen now that america is out of the deal meanwhile the iranian foreign minister is in moscow for i hire a level meeting and for more on this we can cross like artie's any effort tr

if you're thank you for that update union leaders in greece fear hundreds of jobs could be lost when the country's biggest public electricity companies sell some of its power stations m.p.'s have already approved the sale which is a condition of greece receiving its third bailout from international lenders in august john psaropoulos reports in the city of mega luckily. make a locally introduced electricity to southern greece in one nine hundred seventy the public power corporation p.p.c. invested hundreds of millions of dollars in a power plant based on exclusive access to cheap lignite coal but that is about to change greece's eurozone partners and creditors have ordered the corporation to share access to this abundant fuel in the name of competition the p.p.c. is being forced to sell three power stations and the lignite mines that feed them union leaders fear that will put eleven hundred jobs at risk in this town alone the little guy got them available so they're getting the whole idea this power station called to be did great a to create his energy security for half a century now

in greece of course there is a migration problem actually the prime minister is today in less force less force is one of the main sources were migrants and refugees are located right now because they go there through to turkey so the fares here is there now and he he presented a whole set of measures in order to be able to relieve the islanders from this burden from this situation that has been very difficult for the past three years and it has affected their daily lives so what he said after he thanked them for all the for showing their solidarity to all the people to the refugees to do you remember this picture of their less verses their grandmothers having on the last syrian babies so he thanked them and then he he presented a set of measures in order to be able to relieve them one of them was the new draft legislation that is going to be put to vote in the first two weeks of may that it's going to make it easier balls for the refugees and migrants and for the people in the islands and for the whole country to manage so back up to this the dutch toy you know we've got the dutch immigr