[speaking italian] [translator] yes. my priority is to get married and have children, rather than pursue a career. yes, of course, but first i intend to finish my studies, and then i'll be thinking of having a family. i think that, um... the value of the family is something that can't be surpassed and comes probably before everything, even before a career. women students in italy still expect to have children. the reality is that the birth rate is still falling. [montanari] i believe that the italians are still interested in having big families, and they are dreaming in having big families. they are reconsidering the past-- for instance, living in a small village or in the countryside with big family as a good pattern of families. i mean, this was really what they are considering the, uh...the targets of their life. there are inevitable consequences of the low birth rate. the guiditta tavani arquati school in rome faces the increasingly common problem of falling rolls. [woman speaking italian] [translator] i came here ei

all the big italian factories in. the libyan government. created which is the biggest bank a in the past they own and even today they own as small amount of the share it's. very important for our economy and so that's a different question when. we have we have the side the telegram and the side of the bell seen in benghazi because there was a bigger canonical interest in it and they can sense now that we could possibly see a very disorganized group of rebels coming in and maybe a similar situation to be seen in iraq that this organization plays out this is a big. speech really because of the actually the people are sol does not be made by forces coming from the east or the false is. more link at the really thailand government but the forces coming from the west which seems more link at the with british government i mean you need to have a scene in the. situation in libya even with even now as like a big chess between eataly france. to reach. of all the fields on the gas fields in libya libya is a big question we. we fall to the french great

is more french and italian. it is more than you know but i doubt that prevents any kind of a signal from from from finally offering our audience also a taste of the film and we love italian food glad we don't dislike french cuisine anyway. and a glass of champagne on top but obviously i mean the problem there is that you know in paris is still like the permanent cinematic where you can see at the same time almost everything the classics and a huge variety of foreign films and that's from prove if that happens in a in a big cosmopolitan metropolis that could really happen everywhere at least in the big cities of europe in one of the interviews you said that i called the two films which in pronounced me most in my youth were made in the u.s.s.r. these were the films by alexander to show what exactly did impress you but that was not my you that was my child. because. i think the first big commotion i received from the film are not talking about cartoons because i not only fairytales did not mean and the film that i

governament mostly the italian be good. and he was going strong leaving see the county envoy has got the he's. for an affair. part mental which is very very strong i think that and he was playing good in the last part of the secret the libyan war but we will see at the end which gene but secretly what was going in. the. game or chariots between different tribes different group of rebels if a member of the former gadhafi government now we have some very important members of the government who used to withdraw or use. who free. it is and italian economical groups but the we don't know if these people are still. good links with the tribes and with the groups who made the rebellion and so we don't know which tribes which group which government is going to start in the next future most of all with them nor will really control the. gas lines. pipelines this is the most important question for you to describe what's happening live is a chess game if issue reasons the nato mission in libya was humanitarian reasons. and how much of i

out so it is an italian economical groups but the we don't know if these people are still. good links with the tribes and with the groups who made the rebellion and so we don't know which tribes which group which government is going to start in the next future most of all we don't know. really tall the. gas lines. pipelines this is the most important question for you to describe what's happening live is a chess game of if issue reasons the nato mission in libya was humanitarian reasons. i move it has to be i mean how much of it does come down to political games or money to the libyan mission as in when a question is a no say it's because the reason of the mission was to protect. that population and so when yesterday there was the way back up back there was. one of the nato mission has got to do to stop the rebels up back in may. lead to. people living in tripoli i mean you money stabbed enemies from the walls just a diplomatic cold. full of different interests. i don't think it was and. you have just media that. is keeping the former lead you need to answer given for where

all the big italian factories a little. bit maybe in government. over ukraine which is the time because bank a in the past they even today the owner has more amount of. them for kong and so that's a different question. we have we have decide the telegram and the size of the bell seen in benghazi because there was a bigger canonical interest in it and they can sense now that we could possibly see a very disorganized group of rebels coming in and maybe a similar situation to. that this organization plays out this is a big. speech really because of the actually that people are sol does not be made by forces coming from the east the fault is. more link at the retail end government but the forces coming from the west which seems more link at the with british government i mean anything seen in the. situation in libya even with even now as like a big chest between italy france be trying to reach the core of all the oil fields some of the gas fields in libya libya is a big question we. we fall to that french the great retain were using red belts to. c.l. i

many sources including these five italian secret service who were just some sort of quiet say ok italian troops are going to stay here for six months we don't care what they are going in the to do in the future we just want to six safe months and this is the prize we are going to pay for let's talk about. it in libya the name in. public opinion on libya is a different question because libya is. is a big economic call affair for italy. traditionally leaned over to tele for. gas for nature or for the interest of all the big italian factories in libya actually it's the libyan government. of ukraine which is that i am because bank a in the past they even today they only a small amount of fear share it's. very important for our economy and so that's a different question in a way we have we have the side the telegram and the side of the bell seen in benghazi because there was a big economic interest in it and they can sense now that we could possibly see a very disorganized group of rebels coming in and. maybe a similar situation to be seen in iraq that this organization plays out this is a bi

interests of all the be italian factories in libya. the medium government. of the ukraine which is that i am because bank a they all have and even today the owners nor amount of fear share it's. very important for our economy and so that's a different question. we have we have decide the telegram and decided to support of the bells. in benghazi because there was a bigger canonical interest in it and they can sense now that we could possibly see a very disorganized group of rebels coming in and maybe a similar situation to be seen in iraq where this organization plays out this is a big fear a very because the actually the people are sol does not be made by the thoughts of coming from the east or the false is. more limited to really tell environmentalists the france is coming from the west which seems more link of the with the british government prayer i mean we need to see. question leave even with even as like a big chance between intelli and france. to each. of all the infield some of the gas fields in libya and libya is a question we. we forward to that fr

all the big italian factories in the. media and government. over ukraine which is the time because bank a they even today that only a small amount of. their talking for our economy and so that's a different question. we have we have decide the telegram decided to pull out of the. bankruptcy because there was a bigger canonical interest in their concerns now that we could possibly see a very disorganized. group of rebels coming in and maybe a similar situation in iraq where this organization plays out this is a big. piece really because of the actually that is not being made by for all its is coming from the east the fault is. more leaning to the u.k. and government but the france is coming from the west which seems more link at the with the british government there i mean anything to have a similar. question to lead and even with even now as like. a matter between entirely france. to each. of all the oil fields some of the gas fields in libya and libya is a big question we. we fall to the french the great retain were using red belts to. c.l. i

of them hold large amount os these italian bonds on the sheets. those are the bonds that the ecb says they're going to be buying back a portion of to try to bring down the yields. the question is why are the yields so important? well, if they go up toward 7%. it becomes unsustainable for italy to carry on with the market. italy has $2.6 trillion worth. >> it leads to default. >> exactly. >> let's be clear about that. >> it also leads to a kind of bailout. when we look at the bond deal, the bond deal were heading up past 6.5% last week, leading to iuorio highs for italian debt, similar situation for spain. so they're only about half a percent from the level. they've come back down to 5.25, but still that's way above the save haven that we're seeing for the german bonds. the germans can actually borrow 5 . >>> while we're on the subject of euros, it's interesting that they're still trading at the same calibers they were before the downgrade which shows the bond investors are not as pessimistic as others might be. >> they're still about 2.5% or somet

, italian partisans, military and jews. he lived in this argentina all those years under his real name and was extradited only in the 1990s to italy and then persecuted. by the way, he's still very much alive. he's under house arrest in rome. and, um, so the -- [inaudible] case is also very good example for this n. the 1990s things started to change, and these people were brought to justice. there was no political protection anymore. the cold war was not there anymore, so justice departments began to investigate again and to find these old files in some old archives. the other thing maybe more important even, archives opened. suddenly there were a commission of historians who are kind of dealing with this past, not, you know, very important was the commissioner of historians in argentina. they opened the archives there, the swiss archives, the red cross archives very important to my research, actually, archives in many other countries. and these archives enabled us to look deeper at what happened after '45 and how some of t

all good be italian factories in the. big media and government. over ukraine which is the time because rank a in the past they even today that only a small amount of. it's. very important for our economy and so that's a different question. we have we have to decide the telegram and the side of the rebels in. benghazi because there was a bigger canonical interest in it and they can sense now that we could possibly see a very disorganized. group of rebels coming in and maybe a similar situation to be seen in iraq where this organization plays out this is a big. speech really because of the actually the is not being made by thoughts of coming from the east the fault is. more link of the rebellion government but the falls is coming from the west which seems from morning to the with british government i mean any kind of the same. question to lead and even with even now is like a big chance between entirely france. to each. of all the fields on the gas fields in libya and libya is a big question we. we forward to the french the great retain where using

all the big italian factories. are trying to. get media and government. over ukraine which is that because bank a in the past. and even today that only a small amount of sales. they are very important for our economy and so that's a different question. we have we have the side the telegram and the side of the red bell seen there in benghazi because there was a bigger canonical interest and they can sense now we could possibly see a very disorganized. rate of rebels coming in and maybe in a situation. that this organization plays out this is a big fear. because of the actually the people are solved is not being made by forces coming from the east the fault is. more link in the regard and government but the flows is coming from the west which seems more willing to do with british government i mean we have seen in the. question we need even with even now as like a big chest payment between entirely france trying to reach. all of all the oil fields some of the gas fields in libya and libya is a big question we. we forward to that frame church the great retain

gas for the tour for the interests of all the big italian factories a. big medium government. over ukraine which is the town biggest bank a bust they all know and even today that only a small amount of sales. for our economy and so that's a different question we we have we have the side the telegram and the side of the. bank i think because there was a bigger canonical interest in their concerns now that we could possibly see a very disorganized group of rebels coming in and maybe a similar situation to what we've seen in iraq where this organization plays out this is a league of fear a speech really because of the actually that people are solved has not been made by the forces coming from the east the fault is. more lean can really tell and government the forces coming from the west which seems more link in the with british government there i mean in italy we have seen in the. question libya and even if even now as like a big chance between internally france. to reach the point of all the oil fields on the gas fields in libya libya is a big question we. we folded the french g

allegations of italian forces paying five for the taliban first appeared in the media in two thousand and nine a place that was furiously denied by rain and now u.s. diplomatic cables uncovered by italian less press a magazine revealed it concerns a video game it's reached the highest levels of the us administration we're joined now by the editor. jenny thank you very much for joining us so you'll make a scene uncovered these diplomatic cables where these cables. began so what was going on in afghanistan we have a different. source to be telling penitence about this problem and are being made by the government plan. nine. do we can. give us a confirmation because according to this files personally president bush was. corny as minister to stop replying man in afghanistan when the times go on for some allegation all of that and out of this or the member of the government of the difference means the. boom scrutiny person won't deny that they said that the was not by meant why we can exclude balls now will give us the evidence that the taliban government was paying some tribes and the tal

[speaking italian] >> translator: thank you, mr. president. mr. president, honorable congressmen and congresswomen, i am here to they've give you the status -- to give you the status of the italian situation of the consequences of the international crisis and the decisions of the government. everybody sees that the problems of the emergency in these last few weeks are the direct consequence of a confidence crisis that shakes the markets all over the world and continues. both because of the uncertainty on the euro and the push of the speculation. we need to confront this crisis firmly without chasing the anxieties of the market because it fuels them. [speaking italian] >> translator: our country has a solid political system that demonstrated it was able with the opposition's support to approve in only 38 days an economic maneuver of almost 80 billion euros. heeding the invitation of national cohesion by the president, we have solid economic fundamentals. our banks are liquid, solvent and easily passed the stress test in europe. we also registered s

all the big italian factories. are training. the libyan government. over ukraine which is that i am because bank a in the past they all have and even today they only a small amount of fear. they are very important for our economy and so that's a different question. we have we have decide the telegram and decide to some of the. legacy because there was a bigger canonical interest in it and they can sense now that we could possibly see a very disorganized. group of rebels coming in and maybe a similar situation to scene in iraq where this organization plays out this is a big. issue because of the actually the people are solid as not being made by the thoughts of coming from the east the falseness. more link at the retail end government reforms is coming from the west which seems more link of the with british government where i mean you need we have a similar. situation in libya even with even now as like. a matter between italy and france. two of each. of all you feel some of the gas fields in libya and libya is a question we. we fall to the french grea

diplomatic cables uncovered by italian less press a magazine revealed that concerns aided the alleged payments reached the highest levels of the us administration and we're joined now by the editor thing jenny thank you very much for joining us your legacy in uncovered these diplomatic cables here these cables go. down so what was going on in afghanistan we have a different. source and we can intelligence about this payment being made by the government and ninety nine. do we can sort of. weave as a confirmation because according to these files personally president bush was asking where was corny as mr top with the in afghanistan when the times. published some allegation all of the these of the members of the government of the defense minister. the boom some own the night it said that the was not by him and why we can exclude because now will give us the evidence that the government was paying some tribes and the taliban in afghanistan ok so let's talk a bit more about what happened in two thousand in the early when these allegations first came out the response from the italian governm

all the big italian factories in libya are truly. the libyan government. part of what you created which is that i am because bank a they even today they own a small amount of fear. they are very important for our economy and so that's a different question i mean. we have we have the cyber telegram and decided to sue the red bell seen in benghazi because there was a bigger canonical interest and they can sense now that we could possibly see a very disorganized group of rebels coming in and maybe a similar situation to be seen in iraq where this organization plays out this is a big fear. because of the actually the people are sol does not be made by the forces coming from the east or the false is. more link of the really thailand government forces coming from the west which seems more link at the with the british government there i mean in italy we have a similar. situation in libya even with even now as like a big chest amen between entirely and france going to be trying to reach the cause of all the oil fields some of the gas fields in libya libya is a big

all that be italian factories. are trying to. get medium government. over ukraine which is that i am because bank a in the us they all even today that only a small amount of. it's. very important for our economy and so that's a different question in there are we we have we have the side then telegram and the side of the red bell seen there in benghazi because there was a bigger canonical interest in their concerns now that we could possibly see a very disorganized. group of rebels coming in and maybe a similar situation to be seen in iraq that this organization plays out this is a big fear. because of. actually the people are solved has not been made by forces coming from the east the falseness. more link at the retail end vironment about the thousands coming from the west which seems more link in the with british government there i mean. the scene in. question lead me on even with even i was like could be chest being a matter between entirely france. to reach the koran so a lot of all feel some of the gas fields in libya and libya is a big question we

allegations of italian forces paying bribes to the taliban first appeared in the media in t thousand and nine claims that were furiously denied by rain that now u.s. diplomatic cables uncovered by italian us press a magazine revealed it concerns a video that's payments reached the highest levels of the us administration we're joined now by the editor of the magazine generally good thank you very much for joining us say you'll make a scene uncovered these diplomatic cables. these cables go. down so what was going on in afghanistan we have the phones and they were sort of me telling pentagon to bug spray meant. by the government plan. nine. leave as a confirmation because according to gives five. personally president bush was asking corny as minister to stop playing man in afghanistan when the. publisher of some allegation. of this or the member of the grand amount of the defense attorneys the. loan denied it said that the was not by him and why we can excuse the balls now or give us the evidence that the government was paying. the taliban in afghanistan ok so let's talk a bit more abo

economy and size of the bond market once the bond market turns against the italian economy which it looks to be at the moment and the costs keep spiraling out of control it's only a matter of time until they become unsustainable really ok certainly hunter salable and sustainable means well it just can't carry on like this so what are the implications obviously there's been talking greece of dropping the drachma what about italy what are the implications if it does prove to be totally unsustainable and the country does literally go glass. well the moment most of the fears about italy are from the eurozone crisis the whole so you really need to find a long term solution to the problems in greece portugal and ireland at the moment investors are wary of the lack of growth and competitiveness in the italian economy but that itself is not enough to explain the massive increase in yields that we're seeing so i think it really comes down to finding a long term solution to the rest of the eurozone crisis which will involve some for debt restructuring because there's no other way to return th

allegations of italian forces paying bribes to the taliban first appeared in the media in two thousand and nine a place that was furiously denied by now u.s. diplomatic cables uncovered by italian less press a magazine revealed it concerns a video ledge payments reached the highest levels of the us administration and we're joined now by the editor thing jenny thank you very much for joining us so you make a scene uncovered that a cable here this cables and. clear evidence of what was going on in afghanistan we have been friends and even sought to make an intelligence about this problem and are being made by the government on pin nine now and there we can weeks of. leave as a confirmation because according to these files personally president bush was asking where was corny as mr top reply mentor in afghanistan when the crimes. publish of some allegation all the thought of this or the members of the government of the fence with the. boom squarely person own denied it they said that the was not by him and why we can excuse laws now give us the evidence that the government was paying some

economy and size of the bond market once the bond market turns against the italian economy which it looks to be at the moment the costs keep spiraling out of control and it's only a matter of time until they become unsustainable really unfortunately we have a race to the bottom here spain does have very large boring costs as well and a large amount of refinancing coming up over the next year and the borrowing costs are increasing slightly quicker than italy also has bigger internal problems in terms of the repast real estate market and very poor economic growth as well so there are more problems really in the spanish economy itself then then you could see an italian economy for instance but again it does look to have a bit more political stability at the moment although with the upcoming election another layer of uncertainty so both countries the future isn't looking great least in the near term. across the ocean there is the world's largest economy has been rescued from the brink of collapse barack obama signed the bill to raise america's borrowing limit with just ten hours to spar

the italian public is seeing what lies ahead.pensions will sink and tax breaks will be slashed. >> will all have to pay for this. that is the way it is. i am also afraid. >> italy needs reforms which for many years have been promised, but never carried out. >> will the plan work? can italy's reputation be saved? like a good italian espresso, it only works when there is enough pressure. >> good espresso is what i need right now. >> that wraps up this special edition of the in depth, looking at the growing economic crisis on both sides of the atlantic. >> stock markets in the u.s. and europe suffered big losses monday, and more turmoil is expected. >> will keep you informed. stay tuned. captioned by the national captioning institute --www.ncicap.org--

hogs holds by a huge mind of italian government bonds and that's always been a very steady business but at the same time somewhere along the line you need to sell some of your bond issues to overseas investors and if a bank like deutsche of buying basically says we don't want to hold. italian government bonds that lots of other foreign investors are going to say gosh i could be on to something we don't want to buy those bonds either and the problem for italy is it has a lot of three funding coming up in the course of the next six months in other words it needs to say oh a lot of deaths no one in the euro zone wants to cure the problems they simply want to throw effectively aspirin to cure an appendicitis annoying everyone is gradually getting the appendicitis throughout the euro zone and unfortunately the way to cure appendicitis is actually surgery. across the ocean though the world's largest economy has been a rescued from the brink of collapse barack obama signed a bill to raise america's borrowing limit within with just ten i was rather to spare before the country was due to def

we've heard on the back of the information released today when the italian government met with the heads of the rebel council mark me to braille that happened just behind me in this building here earlier today and we had the announcement that at least plans to release a half a billion dollars of phrase in live in assets and we then heard that the rebels had apparently been able to make a kit as they then heard from his spokesmen get as he speaks been saying that that wasn't the case and then we've heard that there is to get out for himself every least thing information speaking saying clearly as usual for the rebels to rise up and continue fighting the rebel it's an extremely confusing time and this is really pulled into focus what a lot of critics have been saying which is is this really the right time to be releasing money to the rebel council they're not so sure it's still very unclear exactly who's in charge with the russian foreign minister speaks today on the phone to the u.n. secretary general saying that really what he wants to see now what should be happening is that any place t

. >> they told the italian parliament that the crisis is not an italian one, but a global one. the political and banking systems are all solid. he added that reducing unemployment is essential and italians need to roll up their sleeves. it was clearly aimed at calming the financial markets. earlier, there had been a high- level response to the situation. they held an emergency talks with the president of the euro group. they said their discussion had been long and fruitful, but they did not reveal any substance of the talks. they met in rome on tuesday but said little to journalists and other than the hail will have to wait for explanations. they maintain the financial system is solid and the year as dumb as a whole was responsible for the uncertainty. and indeed, recently, they said italy was making the right decisions and had its public finances under control. but the italian government bonds have risen sharply in recent weeks. for example, 10-year bonds are yielding more than 6%. >> he has taken a long time to speak out on the debt crisis, but it remains to be seen in a word

allegations of italian forces paying bribes to the taliban first appeared in the media in t thousand and nine claims that were furiously denied by rain but now u.s. diplomatic cables uncovered by press a magazine reveal that concerns a video edge payments reached the highest levels of the us administration we're joined now by the editor. jenny can thank you very much for joining us so you make a scene uncovered these diplomatic cables. and saw what was going on in afghanistan we have a. source and then adjourned so balanced by him and. by the government. do we can sort of. give us a confirmation because according to because. president bush was asking global scorning. the top man in afghanistan when the. allegation all get out of this or the member of the government of the defense minister or. the boom scorning person won't deny that the said the was no by him and why we can excuse it was now or give us the evidence that the government was paying some tribes and the taliban in afghanistan ok so let's talk a bit more about what happened in two thousand and nine when these allegations f