e international monetary fund has joined international ndemnation of preside trump's plan to impose tariffn imports of steel and aluminum and says such a move will not only hurt other countries but also the united states. stoc markets have fallen since the announcement. china's steel industry called the move stupid. the europeanommission said it would react if trump goes ahead and canada's prime minister escribed it as unacceptable. >> the integrated name of our there hains means that would be significant disruption in canada but also in the united states. we buy mor steel from the united states than any other country and disruptions to this integrated market would be significant and serious but th's why we were impressing upon the american administratioh unacceptable nature of these professionals that are going to hurt them every bit as much as they will hurt us and we're confident that we'reoing to be able to continue to defend canadian iustry. let's go to washington and our correspondent chris is there for us. what are politicians in washington sayin about this new policy? chris: i thin

the international monetary fund has joined international condemnation of president trump's plan to imposefs on imports of steel and aluminium. it says such a move will not only hurt other countries, but also those of the united states. stock markets have fallen since the announcement. our washington correspondent chris buckler reports. steel is essential to america's economy, but inside the us, for many years, it has been an industry in decline. donald trump blames cheap imports. however, his solution of new tariffs has sparked fears of a trade war. and led to increasingly heated language from many of america's trading partners, including china, canada, and mexico. we are pressing upon the american government. the unacceptable nature of these proposals will hurt them as much as us. and we are confident that we will continue to be up to defend canadian industry. the president announced his plan for 35% tariffs for steel and 10% for aluminium, but it came surprise to many, including some inside the white house, where details of the policy are still being worked out. many who rely on importe

the international monetary fund hasjoined condemnation of president trump's plan to impose tariffs on imports of steel and aluminium. the imf warned that such a move would not only hurt other countries, but also the united states itself. international stock markets have fallen since the announcement and many of the united states‘ trading partners say they're considering retaliatory action. china's steel industry has labelled the move ‘stupid'. european commission president jean—claude juncker says the eu will react in kind if mrtrump goes ahead. meanwhile the world trade organisation says the potential for escalation is real, and that a trade war is in no one's interests. canada's prime minister, justin trudeau, said the whole business was unacceptable — warning of serious problems. the integrated nature of our supply chains means that there would be significant disruption, in canada obviously, but also in the united states. we buy more steel from the united states than any other country, and disruptions to this integrated... integrated market would be significant, and serious. at tha

the international monetary fund has joined international condemnation of president trump's plan to imposeiffs on imports of steel and aluminium. it says such a move will not only hurt other countries, but also those of the united states. stock markets have fallen since the announcement. china's steel industry called the move ‘stupid'. the european commission said it would react if mr trump goes ahead. canada's prime minister described it as unacceptable — and warned of serious problems ahead. the integrated nature of our supply chains means that there would be significant disruption, in canada obviously, but also in the united states. we buy more steel from the united states than any other country, and disruptions to this integrated... integrated market would be significant, and serious. but that is why we are pressing upon the american administration the unacceptable nature of these proposals that are going to hurt them every bit as much as they will hurt us. and we are confident we will continue to be able to defend canadian industry. live to washington — chris buckler is there for us.

five percent sales tax the first for nearly thirty is the tax is a key condition of the international monetary fund to relieve somalia's debts mohamed other reports from mogadishu. we're going to shoes leave the beach is a sign of somalia's growing sense of optimism at its coffers with shaded table sit clients mainly middle mogadishu's welfare elite sipping expensive coffee but these days they're having to pay more for their food and drinks the government has just introduced a five percent sales tax for the first time in almost thirty years many are unhappy that i was any higher i just paid three dollars of tax yet i don't trust the government they have mismanaged revenue from other sources including don't know if child this tax will not be different is the reaction of somali traders to the tax has been more dramatic. shops and stores in mogadishu spalling but car market which is a lifeline for the city and surrounding areas remain closed for days the traders were particularly and get by the government's ancestors that they paid the value added tax up front for the mother most of them and we had me

wars can be good, because the us is losing billions of dollars from existing deals.the international monetary fund has joined global condemnation of the plan. the united nations top human rights official says it's likely war crimes are being committed in the syrian region of eastern ghouta and there must be prosecutions. hundreds have been killed in the rebel—held enclave in the past 12 days. despite the un calling for a ceasefire, the violence hasn't stopped. severe weather is bringing chaos to large parts of europe. at least 60 people have died in sub—zero temperatures. heavy snowfall and blizzards are forecast to continue well into the weekend. in about ten minutes time we'll have the latest edition of newswatch, but first on bbc news, here's click. this week, 108,000 people landed in barcelona with one thing on their minds. mobiles. welcome to the mobile world congress. the enormous annual expo where we get to hear about the latest in phones, tablets and, increasingly, anything that moves. a smartwatch with a built—in projector, anyone? roaming the floor for us this year, lara lewington. despi

and security tax collection is also a key condition for that relief for somalia from the international monetary fund and the world bank. somalia also around four billion dollars most of it interest and penalties or nearly three decades all made to the former military government whose overthrow in one thousand nine to one plunged the country into years of lawlessness. that makes it almost impossible for mogadishu to access money from international organizations like the i.m.f. forcing it to rely almost entirely on aid for its budget with some some soft exist please the optimism about somalia my top i'm back on the road to solve reliance but in taxing a nation the little office or maybe some almost three decades officials admit they're facing a bill into. it alters you know. at least thirteen people have died and twenty seven more injured during an apartment fire and vietnam's city hundreds of firefighters were needed to get the blaze in the control after broke out early on friday morning local reports say most people died from suffocation or from jumping out of the building. and shockingly has been i

managing director of the imf, the international monetary fund. 11th11, she became the managing director of the imf. and she is the first woman to hold that position. she is actually the first woman to have held a lot of italy positions in her career. -- to have held a lot of elite positions in her car. previously, she has been the finance and economics minister. the first woman to hold that job in any g7 country. she has spoken to many glass ceilings. prior to that, -- prior to her current position, she also council that brings together finance ministers of the eu, she helped foster strengthening global economic markets and as chairman of the g20, when france took over in 2011, she set in motion a wide ranging agenda. in her role as imf managing director, when she was reappointed in 2016, she had among other things been a strong advocate for women's financial empowerment and their role in strengthening economic growth. please welcome our guest. [applause] and i also want to let all of you know who are in the room and those watching online, hello mom and dad, that you can tweet questions

rest could follow in may athens has received financial aid from eurozone countries and the international monetary fund since two thousand and ten now the third rescue package amounts to eighty six billion euros and it runs until august twenty eighth seen greece's total debt is around three hundred twenty billion euros that's about one hundred and seventy six percent of its economic output but the economy is growing for the first time in ten years unemployment is down to twenty point nine percent still many greeks only work part time and they don't earn much and that means that despite hopes of an upward trend the reality for ordinary people may not be improving but it appears that reforms are taking hold so is greece finally on the mend that's what i asked andy carroll in essence. well the simple answer is yes and no the numbers are looking better on paper as you say growth is seemingly resuming the unemployment is seemingly. coming coming down but still there are a lot more reforms that have to happen and in the real economy in the pocket of every greek that reform that progress is yet to be found th

just a bit later on, christine lagar, the managing director of international monetary fund in conversation on this international women's day. she'll be interviewed by opinion writer katherine rampel of "the washington post" coming up at 6:00 p.m. eastern. while we wait for the event at american university to get under way at 4:30, part of today's "washington journal" focusing on trade as a matter of fact. peter desk, a democrat from vermont. issue ofin with the guns, a lot of talk about

alone from the international monetary fund should help the economy twelve billion dollars six billion of which have already been distributed but the country needs to set a strict austerity plan in motion the government has to float the currency on international markets cancel energy subsidies and introduce a sales tax of fourteen percent. that's cause prices to rise and the egyptian pound has lost value inflation has increased under el-sisi last year up a daunting twenty five percent. it's hard times for businesses. and yet they still support the president's plans. of course i will vote for president sisi vote for him for the stability of the country. we're living in stability. we have to keep living and stability. of the month it with. its unsure whether all the gyptian see it that way after all a third of the population still lives below the poverty line. when the government of india pulled all five hundred and one thousand rupee nodes from circulations two years ago it was trying to curtail the illicit economy but the bungled move resulted in a catastrophic cash shortage for busine

the international monetary fund warns that this constant breezing of the stakes could lead to a trade war. while the european trade commission acedia madam shlaim also reacted to the u.s. to her own steel and other medium taking to twitter this is what she said on tonight's announcement the e.u. is a close ally of the u.s. and we continue to be if the e.u. should be excluded from these measures it will seek more clarity on this issue in the days to come looking forward to meeting with the u.s. trade representative ties in brussels on saturday to discuss. so are they you clearly concerned that the economic fallout could potentially be very large let's take a look at why the levies are not going down well with american trade experts nor the country's allies when american steel makers enjoy about one hundred forty thousand people but steel consuming manufacture is so companies using that steel and much bigger they employ six point five million people instead now the new tariffs mean much bigger produces will suffer for the benefit of relatively small steel industry so the protective tari

the international monetary fund warns that this constant breezing of the stakes could lead to a trade war. one can assume that the europeans steel industry isn't thrilled about all this either let's find out and let's talk to god he's the director general of the european still association you're a fan joins us now from our brussels studio thank you very much for joining us how much will the european steel industry actually suffer from these tariffs. they don't when union is one of the most open markets in the world so what we can expect from the measures taken by mr trump is sure deflection of steel trade flows originally foreseen for the u.s. towards open markets and of course the european union would suffer the most we can expect thirteen million tons of steel or more looking for new destinations into the e.u. the european union and that of coal could throw us back in the situation we have been two years ago when prices suddenly fell by up to forty percent last thousands of steel workers and installations had to close which countries are said to suffer the most from this. yes i said

the international monetary fund warns that this constant breezing of the stakes could lead to a trade war. german chancellor angela merkel has also reacted to the tariffs decision here's what she had to say. yes you know we're also concerned about the imposition of tariffs on session products as a government we have a clear commitment to multilateralism we support the european commission as it seeks talks with the well trained organization and the us but also with countries where that could be and knock on effects like china but i believe that channel of communication should be kept on the commission has also made that clear that there is no big deal that's going on in this town. where warnings are poor in from all corners that the economic fallout could potentially be very large and that is not going down well at all with the country's allies and somewhat surprisingly american industry ally because american steel makers employee only about one hundred forty thousand people but still consuming manufacturers' live here as a comic has for example a much bigger employing six point five m

the international monetary fund has joined the chorus of criticism aimed at u.s. president donald trump's plan to impose painful new tariffs on steel and aluminum importance the i.m.f. said trump risks not only harming global economies but the u.s. economy itself canada brazil and japan have all threatened economic reprisals but that hasn't stopped the president from ramping up his rhetoric. it's donald against the world at a meeting with american steel companies the u.s. president defied global concerns deciding to impose punitive tariffs on imported steel and aluminum propping up his own country's industry. very unfairly treated by bad policy by bad trade deals by other countries they've been horribly treated by other countries trump is confident he could win a trade war he defended the tariffs citing national security european union leaders have been taken aback by the move you can't treat. as. that threat to national security when we are allies we cooperate in nato and the problem on the steed is related to over production in other countries than in the u. . e

europe canada brazil and japan of old threatened economic reprisals the situation the international monetary fund has warned would be disastrous for the world economy but that hasn't stopped the president for ramping up his rhetoric. it is donald against the world at a meeting with u.s. steel companies in the white house the president stood by his threats from next week he will impose punitive tariffs on imported steel and propping up his own industry. very unfairly treated by bad policy by bad trade deals by other countries they've been horribly treated by troops and this is yet another war trump is confident of winning he defended the tariffs citing national security european union leaders were bemused and angry at the move you can't treat. as. that threat to national security where we are allies we cooperate in nato and the problem on the steel is related to over production in other countries then in the e.u. . europe has no worried that cheap chinese steel will no longer be sold to the u.s. but could increasingly flood the european market that's why brussels is thinking about counter measures

sector in the defense they may simply go to a severe hit equating to their estimations of my international monetary fund russia's losses from the sanctions amounted to one point five percent of his g.d.p. and these figure might also expand to nine percent till two thousand and twenty also the russian economy as a whole was here to fill it because the introduction of sanctions. coincided with a huge slump in oil prices these two that are is put together basically put a heavy pressure on the rubble of value which depreciated heavily into a dry heat so really only that i'm generous they would like to ask you i would ask you just one last question briefly your arm say if you would german business is really hoping for the sanctions to be scaled down do you understand their wishes do they have a point in that. you know sure they have a point only twenty three percent of companies say that they were not affected by sanctions the question is whether lifting the sanctions will result in the boosting the trade because that recent love that we have seen in the trade resulted from their russian recession much more

the international monetary fund says it won't get back there until 2025, effectively an entire generationgrowth. almost a third of young people are unemployed. it's perhaps no surprise that at least 1.5 million italians have left the country since 2008. the state is massively in debt. compared to the size of the economy, at 130% of gdp, its public debt level is europe's worst after greece. add to that — italian banks are sitting on europe's largest pile of bad loans, worth $273 billion. the economy is a big issue for many voters around italy i want italy to be organised in a way that will allow our children to have a future and not have to go abroad. i will vote for berlusconi because i think he is the only one who can change something in this italy that is going backwards nationally, as well as at a european and global level. for us, small businesses, the priority is that they lower the taxes bacause with this level of taxation we can't go ahead. this is the problem. people should be better paid and given some guarantees and incentives to people who have better skills. things need to be

growth has dropped from 10% in 2010 to just under 7% last year and the international monetary fund saysll slow down to below 6% by 2020 to. earlier i spoke to an equities expert in hong kong about what putting an end to presidential term limits will move the chinese economy. over the medium term there is likely to be very little impact. in some ways what it does reduce the uncertainty that we may have otherwise seen. from a market perspective over the short to medium term i don't think there is an issue. there will be those who say if the policies are not the way that one would want over the longer term, this may reduce the ability for that to be changed in the future. if we go back and look at the us, around world war two, we had presidents was over two terms as well. i think it comes down to the policies and the individual involved. another massive issue is that this anticorru ption involved. another massive issue is that this anticorruption agency. how is it different to the fact that the government there has been cracking down on corruption for several yea rs 7 down on corruption fo

the international monetary fund warns that this constant breezing of the stakes could lead to a trade war. so a warning from the i.m.f. that the economic fallout could potentially be very large indeed and that is not going down well with american trade experts on the country's allies are also angry here's why american steel makers employer about one hundred forty thousand people but when it comes to companies which need steel those manufacturers a much bigger they employ six point five million people so the new tariffs mean that the much bigger produces will suffer for the benefit of the relatively small steel industry with protective tariffs maybe a shot at china's overcapacity but it is america's biggest allies that could end up taking the most flak just take a look say canada is the biggest exporter to the united states followed by the european union brazil when it comes to china it's right down at the bottom of that lace to position and live it and the impact on our allies will be big as well you're still a satiation you're a fair says it could slash american imports of european s

event marking international women's day, christine lagarde, managering director of the international monetary fund sat down for an interview with "washington post" columnist catherine rampell. it covered gender equality and the me too movement. >>> making sure you're in the right place? >> yeah, it's pretty. >> thank you everyone for joining us on international women's day. i'm very excited to be having this conversation with madame lagarde, and with all of you. i understand that several embassies are represented here, and we have -- we have others from government, from the business community. and all sorts of walks of life. so this is a wonderful opportunity, and i'm so glad you could join us. i'm catherine rampell. i should have said that first. i'm an opinion columnist at the "washington post." i write often about economics and womens issues and that will be reflected in our conversation here. but i'd first like to introduce our esteemed guest, christine lagarde, who is the managing director of the imf, international monetary fund. in 2011 madame lagarde became the 11th director of the imf, and

she has, since 2011, been managing director of the international monetary fund. the first woman to hold that position. and tonight she'll be talking about economic equality for women, as well as the global financial outlook. so please join me in welcoming to the stage i.m.f. managing director, christine lagarde, and catherine rampel. thank you. >> thank you, everyone, for joining us on international women's day. i'm very exy excited to be having this conversation with madam lagarde and with all of you. catherine: i understand that several embassies are represented here and we have others from government, from the business community, and all sorts of walks of life. so this is a wonderful opportunity and i'm so glad you could join us. i am catherine rampell. i'm an opinion columnist at "the washington post." i write often about economics and women's issues. and that will be reflected in our conversation here. but i'd first like to introduce our esteemed guest, christine lagarde, who is the managing director of the i.m.f., international monetary fund. became theam l

after that, christine lagar, managing director of the international monetary fund marks international women's day with an interview at the "washington post," watch that live beginning at 6:00 p.m. astern here on c-span. >> in this year's student cam competition we asked students to choose a provision of the u.s. constitution and create a video illustrating why it's important. students competed for the chance to win cash prizes and we received 2,985 entries from 46 states. the first prize winner for the high school east category go it is to two students from montgomery blare high school for "no trespassing seeking justice for in itive winners." the first prize winners for the gh school central are will foote and james dyer from whitefish bay high school in whitefish bay, wisconsin for "wisconsin votes count." and first prize from high school west is may zhen and payton liquin from capital high school in boise, idaho. first prize in middle school was kiera lamb, u ma fox and kiah beachler from eastern middle school in silver spring, maryland. the special citation for reativity goes to r

just a bit later on, christine lagar, the managing director of international monetary fund in conversation on this international women's day. she'll be interviewed by opinion writer katherine rampel of "the washington post" coming up at 6:00 p.m. eastern. while we wait for the event at american university to get under way at 4:30, part of today's "washington journal" focusing on trade as a matter of fact. peter desk, a democrat from vermont. issue ofin with the guns, a lot of talk about potential or new legislation in recent weeks. is anything going to happen at this point? guest: it's up to speaker ryan. there is a majority in the house that would vote for what i would call commonsense gun legislation, if the speaker would be willing to put it on the floor. likely that is our job. i think we would pass background checks, i think bump stock legislation would pass. i think there is an emerging debate about the use of combat weapons, which belong in the battlefield, and efficient get into our school. -- schools. the bottom line is, if these bills word to go to the floor, i believe they would

the international monetary fund has joined global condemnation of the plan. the united nations top human rights official says it's likely war crimes are being committed in the syrian region of eastern ghouta and there must be prosecutions. hundreds have been killed in the rebel—held enclave in the past 12 days. despite the un calling for a ceasefire, the violence hasn't stopped. severe weather is bringing chaos to large parts of europe. at least 60 people have died in sub—zero temperatures. heavy snowfall and blizzards are forecast to continue well into the weekend. the severe weather has also wreaked havoc for transport, and tens of thousands of people are without power. let's return to the snow that's brought chaos to much of the uk. amid the misery this week for many — stuck in cars, on trains, struggling into work — there've also been stories of great heroism and of those who've gone out of their way to come to the aid of others. sarah campbell reports. an out—of—control car ends up on the wrong side of this edinburgh road. a collision seems inevitable. n

alone from the international monetary fund should help the economy twelve billion dollars six billion of which have already been distributed but the country needs to set a strict austerity plan in motion the government has to float the currency on international markets cancel energy subsidies and introduce a sales tax of fourteen percent. that's cause prices to rise and the egyptian pound has lost value inflation has increased under el-sisi last year up a daunting twenty five percent. it's hard times for businesses. and yet they still support the president's plans. of course i will vote for president sisi i'll vote for him for the stability of the country. we're living in stability. we have to keep living and stability. but i'm nothing like that with. it's unsure whether all the gyptian see it that way after all a third of the population still lives below the poverty line. eurozone leaders should set up a rainy day fund the international monetary fund suggested its managing director christine legarde said the money could be used to help member states with financial problems european l

the head of the international monetary fund is the latest to try to calm tensions, warning that nobodyns in a trade war. stephen: let's check out how the markets are reacting to all of that with fear of a trade war escalated among investors could last year, trump's top economic advisor resign. gary cohn is pro-trade and anti-tariff and is seen as the market man in the white house. we have seen significant falls on asian shares. cohn's departure means it is more likely donald trump will impose those terrorists. -- tariffs. inton is nudging positive territory. carmakers are trading down. ehat is effective if tariffs ar introduced. genie: blackberry is suing facebook. stoleims that the company some of their technology. stephen: that is right, it says facebook used stuff that was created for blackberry messenger. facebook intends to fight the ' case affectsthe thes state of blackberry business, claiming that since they are no longer innovating, they look to attack the innovations of others. it is gettingd out of the smartphone business to focus on cyber security. genie: next now, some movi

the international monetary fund has joined global condemnation of the plan.he united nations top human rights official says it's likely war crimes are being committed in the syrian region of eastern ghouta and there must be prosecutions. hundreds have been killed in the rebel—held enclave in the past 12 days. despite the un calling for a ceasefire, the violence hasn't stopped. severe weather is bringing chaos to large parts of europe. at least 60 people have died in sub—zero temperatures. let's return to the snow that's brought chaos to much of the uk. amid the misery this week for many — stuck in cars, on trains, struggling into work — there've also been stories of great heroism and of those who've gone out of their way to come to the aid of others. sarah campbell reports. an out—of—control car ends up on the wrong side of this edinburgh road. a collision seems inevitable. no, no, no, no! that it didn't happen is thanks to the quick reactions of the bus driver. to me, it looks worse on the video than i felt at the time. i did get a fright, but i managed to a

and security tax collection is also a key condition for that relief for somalia from the international monetary fund and the world bank somalia are also around four billion dollars most of it interest and penalties on nearly three decades all made to the former military government whose overthrow in one thousand nine to one plunged the country into years of lawlessness. that makes it almost impossible for mogadishu to access money from international organizations like the i.m.f. forcing it to rely almost entirely on aid for its budget with some semblance of to exist from now in place this optimism that somalia might up and backed down the road to solve reliance but in taxing a nation that has seen little of fisher lives in almost three decades officials admit they're facing a daunting task mamadou all jersey into mogadishu. a shark alert has been issued to swimmers in western australia after one hundred thirty whales died stranded on a beach rescuers are trying to refloat another a further twenty which are still alive the stranding in hamelin bay is nine years to the day since the whales and dolphin

the international monetary fund warns that this constant raising of the stakes could lead to a trade war. one can assume that the europeans steel industry isn't thrilled about all this either let's find out and let's talk to guys he's the director general of the european steel association euro fund joins us now from studio thank you very much for joining us how much will the european steel industry actually suffer from these tariffs. european union is one of the most open markets in the world so what we can expect from the measures taken by mr trump is huge deflection of steel trade flows or originally foreseen for the us towards open markets and of course the european union would suffer the most we can expect thirteen million tons of steel or more looking for new destinations into the e.u. the european union and that of calls could throw us back in the situation we have been two years ago when prices suddenly fell by up to forty percent last thousands of steel workers and installations had to close which countries are said to suffer the most from this. yes i said union as a whole we

france and finally the international monetary fund says the economic impact of a nine month blockade on qatar is easing its latest figures show the gulf crisis has actually helped a country to become more self-reliant saeed it reports from doha. but. out of a crisis comes opportunity and for twenty three year old abdullah it's this a new machine to make it cottons made from recycled paper it can produce as many as one hundred thousand of them a day meeting outdoor low be able to meet a boom in local production since the blockade after the gulf crisis we lost all our main customers because they are mainly from saudi arabia land and u.a.e. but we never gave up on our business and we continued searching another new way to run our factory also weighed the owns the only paper recycling factory in qatar which has four times as many customers since the blockade started in june and the factory exports eighty percent of its recycled paper to the likes of china sri lanka and amman and plans on expanding what's there is added to this and it turns into how it's aimed right and right on this mach

then christine lagarde from the international monetary fund talks about the global financial outlook. after that, ohio governor john kasich gives his final state of the state address. later transportation secretary elaine chao testifies before congress about the trump administration's infrastructure priorities. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies, and today we continue to bring you unfiltered coverage of congress, the white house, the supreme court and public policy events in washington, d.c. and around the country. c-span is brought to you by your cable or satellite provider. >> host: and representative marsha blackburn is the chair of the energy and commerce subcommittee on the communications and technology issues, and she is our guest this week on "the communicators." congresswoman, this past week on the house floor a reauthorization of the fcc was passed. the first time in 28 years. what took so long? [laughter] >> guest: you know, i guess it took 28 years for there to be bipartisan agreeme

the international monetary fund warns that this constant raising of the stakes could lead to a trade war. a serious warning there from the method economic fallout could potentially be very large and that is not going down well at all with countries allies and somewhat surprisingly american industry alike because american steel makers employ only about one hundred and forty thousand people bought still consuming manufacturers like comic as for example a much bigger employing six point five million people the new tariffs mean the bigger producers will suffer from higher prices on imports for the benefit of the relatively small domestic steel industry the protective tariffs have been billed as a shot at china's overcapacity but it's america's biggest allies that could see the most of the damage canada for example is the biggest exporter of steel to the u.s. followed by the european union and brazil china is way down the list at position eleven and the impact on ours will be big europe still association says that it could slash american imports of european steel which was valued of at fi

could follow in may athens has received financial aid from euro zone countries and the international monetary fund since two thousand and ten now the third risk you pack each amounts to eighty six billion euros and drums until august twenty eighth greece's total debt is around three hundred twenty billion euros and that is about one hundred seventy six percent of its economic output but the economy is growing for the first time in ten years unemployment is down to twenty point nine percent but many greeks only work part time and they don't much and that means that despite hopes of an upward trend the reality for ordinary people may not be improving but it appears that reforms are taking hold so is the greece economy is it finally on the mend now that is what i asked andy carroll in athens. well the simple answer is yes and no the numbers are looking better on the paper as you say growth is seemingly resuming the unemployment is seemingly. coming coming down but still there are a lot more reforms that have to happen and in the real economy in the pocket of every greek that reform that progress is y