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our correspondent melinda crain gave us the latest on chancellor merkel's viewpoint. >> angela merkel warned that people should not be expecting one big, spectacular solution. this is a long, ongoing process. it is a matter of small steps. we have to make sure that greece becomes competitive again, that it gets its debt down, and that will not be achieved with one big, spectacular step. president medvedev also had some words to say on the euro. he says he is cautiously optimistic that it will pull through. he says it is an extortion attempt, said nations have never tried before, and it is wishing europe bloc -- he said it is an extraordinary attempts, such that nations have never tried before, and he is pushing europe luck. >> some clouds on the horizon. a closely watched survey said dennis analysts and institutional investors are in anticipating a weaker performance in the months to come -- a closely watched survey said analysts and institutional investors are anticipating a weaker performance in the months to come. use 9 last month. reflecting concern that the debt crisis, could spr
our correspondent melinda crain gave us the latest on chancellor merkel's viewpoint. >> angela merkel warned that people should not be expecting one big, spectacular solution. this is a long, ongoing process. it is a matter of small steps. we have to make sure that greece becomes competitive again, that it gets its debt down, and that will not be achieved with one big, spectacular step. president medvedev also had some words to say on the euro. he says he is cautiously optimistic that it...
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chancellor merkel want a clear. the new legislation said that it is annmbitious goal for germany. the country will have to meet its energy needs without nuclear power. the ministers said this is a historic step for germany sending a signal to the world. >> even those abroad who don't agree with this, if anyone can do this, it is the germans. that is the message we're sending today. >> the opposition social democrats backed the nuclear phase-out and leaders poured scorn on the government which only months ago jettisoned the phase-out that they had once supported. >> this is your phaseout. this is really our phase out. >> the opposition insists that in some aspects the new laws don't go far enough. they want higher target for renewable energy. there has also been criticism of the way that costs of the change will be managed. >> i will be back later with more on the ambitious plans to end the nuclear energy and boost renewals. stay tuned. turning our attention to greece, they have been faced with many challenges this w
chancellor merkel want a clear. the new legislation said that it is annmbitious goal for germany. the country will have to meet its energy needs without nuclear power. the ministers said this is a historic step for germany sending a signal to the world. >> even those abroad who don't agree with this, if anyone can do this, it is the germans. that is the message we're sending today. >> the opposition social democrats backed the nuclear phase-out and leaders poured scorn on the...
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Jul 12, 2011
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angela merkel called on the parliament in rome to respond by approving spending cuts, but so far, the italian government and lawmakers have yet to agree on a common way forward. suddenly, this man is in the sights of the markets. the italian finance minister. he has long been seen as an anchor of stability in the government, but a corruption scandal arou a close adviser and disputes with cabinet colleagues have thrown his future in doubt. now investors are worried his latest austerity plan will not get through parliament, and those worries are driving up italy's borrowing costs. berlin is trying to calm things down. >> i have great confidence that the italian government will pass the budget. i spoke about parsley -- precisely that with the italian minister on the telephone yesterday. it will make it clear that italy is committed to consolidation and tackling its debt. then there was a similar message from the german finance minister. >> i have no doubt whatsoever that italy will make the right decision. >> but the stakes are high. failure in italy could blow apart europe's approach of
angela merkel called on the parliament in rome to respond by approving spending cuts, but so far, the italian government and lawmakers have yet to agree on a common way forward. suddenly, this man is in the sights of the markets. the italian finance minister. he has long been seen as an anchor of stability in the government, but a corruption scandal arou a close adviser and disputes with cabinet colleagues have thrown his future in doubt. now investors are worried his latest austerity plan will...
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germany look to the east for new deals the greek and portuguese crises which have seen i'm going to merkel facing a lot of criticism here in germany for potentially having to bailout those countries especially in the light of the news that the crisis may be spreading to italy and spain germany is the european union's biggest creditor that means it gives more money to the european union than anyone else so there are fears that germany will have to foot the bill russia hopes germany comparing nato realm to the points of view of a joint missile defense system in other words that they can avoid the fear that the missile defense will be pointed at mosco their own fears in mosco that the defense system could be aimed at russia on libya germany and russia both abstained from the u.n. vote authorizing nato action in libya and they both want to stop further escalation of the void and that's their own report that nato countries all mean libya's rebels so both countries will be looking to strengthen their already strong relationship one a range of issues on which they share a common position. now pol
germany look to the east for new deals the greek and portuguese crises which have seen i'm going to merkel facing a lot of criticism here in germany for potentially having to bailout those countries especially in the light of the news that the crisis may be spreading to italy and spain germany is the european union's biggest creditor that means it gives more money to the european union than anyone else so there are fears that germany will have to foot the bill russia hopes germany comparing...
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but nichololas sarkozy and ange merkel will be presenting it to the e.u. today. jim, it looks like we've made headway when it comes to greece. but the deals of this proposal are complicated. tell us about them. >> i wish i could tell you what the grand agreement was that was reached in berlin last night. we don't really know. but there's a number of ways that europe has been looking at to solve the greece problem. they need a second bailout plan. but how do they involve bondholders of the original plan? how do they involve banks? will they tax money in europe. lowering the greece interest rate, as well. they're trying to get around the world default. they want to help greece pay less money, but not have the rating agencies see them in default. that's why we have the meeting in brussels to see if everyone can agree to whatever it is that mr. sarkozy and chancellor merkel reached last night. >> sounds like extraordinary window dressing there to me, jim. we should talk about the pressures that the international monetary fund and also that the united states has been
but nichololas sarkozy and ange merkel will be presenting it to the e.u. today. jim, it looks like we've made headway when it comes to greece. but the deals of this proposal are complicated. tell us about them. >> i wish i could tell you what the grand agreement was that was reached in berlin last night. we don't really know. but there's a number of ways that europe has been looking at to solve the greece problem. they need a second bailout plan. but how do they involve bondholders of the...
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europe's largest economy in the us to russia new opportunities and completion it deliberately merkel talk of business in germany. financial world sees farming grow greeks are shunning the city to plan their way out of sight. twelve noon in moscow you're watching our strict our top story now the whistleblower who exposed the news of the world phone hacking scandal has been found dead sean hoare was a journalist at the same newspaper and claimed editors knew what was happening and encourage reporters to do it he was found dead at his home when london police are treating it as unexplained but not suspicious or written named his former editor andy coulson forgetting about illegal hacking which he denies or later on tuesday rupert murdoch his son james and his former u.k. particularly back in brooks i face the wrath of british police asked to explain this countless shake not pressed to establishment on the police to its core of lower energy reports it's another good answer that is polluted police for self restraint or high profile arizona recent years. ian tomlinson died in london's g. tw
europe's largest economy in the us to russia new opportunities and completion it deliberately merkel talk of business in germany. financial world sees farming grow greeks are shunning the city to plan their way out of sight. twelve noon in moscow you're watching our strict our top story now the whistleblower who exposed the news of the world phone hacking scandal has been found dead sean hoare was a journalist at the same newspaper and claimed editors knew what was happening and encourage...
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energy around the talks between russia and germany which get going later on tuesday i'm going to merkel is expected to seek support for her country's move away from nuclear power which could open opportunities for russian gas there's a world of other issues to tackle too from international security to western nations crossing the line on the un mandate in libya you know bushel is in germany for us. germany is russia's biggest trading partner and the announcement by the country that it plans to shelter all its nuclear stations in the light of the fukushima accident in japan gives an opportunity to russia's gazprom which is hoping to tie up big deals here in hanover gas from really seeing germany as a stepping stone to the whole e.u. market there also hopes to be progress on russia's annexation bid finally to the world trade organization and germany and hopes to tap into the balls to mobilize asian program of russia by admit should be better off with the tying up various big contracts we also know that there are problems with the economy throughout the european union which really makes ge
energy around the talks between russia and germany which get going later on tuesday i'm going to merkel is expected to seek support for her country's move away from nuclear power which could open opportunities for russian gas there's a world of other issues to tackle too from international security to western nations crossing the line on the un mandate in libya you know bushel is in germany for us. germany is russia's biggest trading partner and the announcement by the country that it plans to...
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for thought a little later when russian president dmitry medvedev means german chancellor angela merkel to discuss about gas he's eyeing up access to consumers in the biggest market for russian energy and that's not tangible now after germany decided to pull the plug on nuclear power and energy minister sergei schmeichel estimates this could increase the country's i know gas consumption by twenty percent he says germany may subsidize the building of gas facilities jointly with russia and russia says it's ready to meet demands prime minister putin earlier indicated adding a new line to the north stream network which will point gas to europe bypassing ukraine and belarus. the lights that project skolkovo its continuance attract new companies russia's answer to silicon valley has unveiled a further thirteen companies have signed up their projects chief operating officer says investments is coming from both big and small players. on one level we've already attracted commitments from for example cisco over one billion dollars to invest in skoda on a smaller level one of the big pharma we've
for thought a little later when russian president dmitry medvedev means german chancellor angela merkel to discuss about gas he's eyeing up access to consumers in the biggest market for russian energy and that's not tangible now after germany decided to pull the plug on nuclear power and energy minister sergei schmeichel estimates this could increase the country's i know gas consumption by twenty percent he says germany may subsidize the building of gas facilities jointly with russia and russia...
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program announced by preacher medvedev of course germany is facing problems here merkel is coming in for criticism for potentially bailing out the failing economies of greece and oil and the news that says the crisis may be spreading to countries like italy and spain is giving a lot of course a concern for people here in germany russia hopes that germany can help to bring nato around so the view that the missile defense system in europe should be a joint one which which helps both sides in any case should not really be told get it out russia moscow is concerned that the system could be used to tall get russia and he wants guarantees from nato but that won't be the case on libya both russia and germany abstained on the un votes which. nato action in libya and on growing concerns of escalation of the violence there they want to prevent the supply of nato admitting that it is supplying arms to libya's rebels now which may do it financial or mughal have a personal friendship and you cats are remembered their last summit they stayed up off the dinner together chatting. speaks russian so n
program announced by preacher medvedev of course germany is facing problems here merkel is coming in for criticism for potentially bailing out the failing economies of greece and oil and the news that says the crisis may be spreading to countries like italy and spain is giving a lot of course a concern for people here in germany russia hopes that germany can help to bring nato around so the view that the missile defense system in europe should be a joint one which which helps both sides in any...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe not indeed there are problems in three time zones at the moment the most visible the most obvious is clearly the euro zone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well. e.u. leaders could sign that this warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading your a virus experts fear public panic will take over denying them control. see brussels get some thoughts about the crisis now from paul nuttall is member of the european parliament for the u.k. independence party folks ever so much for being with us mr an apple the summit still going on out there in brussels but we heard earlier the president of the euro group saying that even with a new bailout greece could still do fold if only partially does that ring worrying bells for you at this early stage. well i think it rings warning b
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe not indeed there are problems in three time zones at the moment the most visible the most obvious is clearly the euro zone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well. e.u. leaders could sign that this warrant for the single currency...
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with the cautiously optimistic about the future of the euro as he meets merkel in germany. live from central moscow you're watching r.t. internationalists eleven pm here now my name is kevin owen and our top story rupert murdoch and his son james and the ex c.e.o. of their british media operation rebecca brooks face angry lawmakers of a phone hacking and police bribery claims of the now defunct news of the world events took a dramatic twist to when two protesters broke into the westminster committee chamber although water was quickly restored. follow all the latest for us from london. turns out that it's police are saying that it's somebody who is actually a comedian who tweeted earlier on that he was going to do something to disrupt proceedings one person he was taken out in handcuffs essentially what happened is that he broke into this room where they hit the end of the proceedings were taking place and he pelted murdoch with what appeared to be a white substance that it may or may not have been shaving foam or something quite light and managers managed to get merged with
with the cautiously optimistic about the future of the euro as he meets merkel in germany. live from central moscow you're watching r.t. internationalists eleven pm here now my name is kevin owen and our top story rupert murdoch and his son james and the ex c.e.o. of their british media operation rebecca brooks face angry lawmakers of a phone hacking and police bribery claims of the now defunct news of the world events took a dramatic twist to when two protesters broke into the westminster...
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. >> the french president is in berlin for talks with angela merkel. the two leaders are trying to coordinate strategies ahead of the bureau's own summit. the meeting will focus on putting together another rescue package for greece. -- the two leaders are trying to coordinate strategies ahead of the eurone summit. what's the french president will be trying to influence the german chancellor. he believes that the denial of a rescue package degrees would do irreparable damage to the common currency. >> when matters reach a certain complexity, it helps to sit opposite one another and discuss the issues in detail. this is better than talking on the phone. >> in brussels, it is the commission president who is warning of fallout from the greek crisis. he urged eu leaders to do it takes to stable -- to give stability to the eurozone. >> this is very serious. this requires a response. otherwise, the consequences will be felt in all corners of europe and beyond. >> when it comes to spending german taxpayers money, merkel is not about to let paris call the shots
. >> the french president is in berlin for talks with angela merkel. the two leaders are trying to coordinate strategies ahead of the bureau's own summit. the meeting will focus on putting together another rescue package for greece. -- the two leaders are trying to coordinate strategies ahead of the eurone summit. what's the french president will be trying to influence the german chancellor. he believes that the denial of a rescue package degrees would do irreparable damage to the common...
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. >> angela merkel was keen to paint the outcome of the summit as a personal success. this countered criticism that she was slow and unwilling to react to the debt crisis. >> i had a clear sense of what you're should do so that people can continue to live and prosperity. >> insist that the growth must be geared towards the more robust economies. she defended fresh emergency loans for greece, in the rescue of the euro a historical task. >> everything we do will come back in multiple ways. this is good for us and it is part of the economic success. >> for now, the taxpayer will have to shoulder a 109 billion euro burden. private investors including banks and pension funds will be involved in the bailout contributing nearly 50 billion euros. >> angela merkel stressed she would not let europe become a union in which wealth was transferred from rich to poor states. that does not mean that she lacks passion for europe. >> if i had as much passion for everything as i have for europe, my days with last 48 hours. >> she began to some of right at the weekend. >> european leaders
. >> angela merkel was keen to paint the outcome of the summit as a personal success. this countered criticism that she was slow and unwilling to react to the debt crisis. >> i had a clear sense of what you're should do so that people can continue to live and prosperity. >> insist that the growth must be geared towards the more robust economies. she defended fresh emergency loans for greece, in the rescue of the euro a historical task. >> everything we do will come back...
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. >> president sarkozy met to talk with angela merkel. they are the big piece of the eurozone, but they have struggled to agree. they have wrestled with two challenges. greece needs new funding of well over 110 billion euros. the first rescue last year only increase in debt to 350 billion heroes. that is heading to an extraordinary 170% of gdp. the leaders are likely to agree to make greece cost debt more bearable, but angela merkel is under pressure not to bankroll greece further. wexne>> the rating goes the wayo save countries that pencan be saved. >> increase, another violent protests. it is precisely what irritates german taxpayers, so the german chancellor has insisted the private sector contribute to a new bailout and take some new loss those and reduce greece's death. -- debt. >> the issue is whether this will be achieved now or at a later time. it seems now we will not have an ultimate decision on greek death. >> if the banks to except losses, it will unsettle markets further. another thing is italy. if the eurozone struggles to s
. >> president sarkozy met to talk with angela merkel. they are the big piece of the eurozone, but they have struggled to agree. they have wrestled with two challenges. greece needs new funding of well over 110 billion euros. the first rescue last year only increase in debt to 350 billion heroes. that is heading to an extraordinary 170% of gdp. the leaders are likely to agree to make greece cost debt more bearable, but angela merkel is under pressure not to bankroll greece further....
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there's also a question for mrs merkel. this was what do you think about the quadriga case. and i can start with my apartment is nice and i. get it before going and he and i don't have a special biotin special words to say in that case and i don't think this topic. but there you go. you know not not the topic which will influence our words like well it's already ships between germany and russia i think it was a decision of the committee. yes. i think it's my turn to see something of that and. if i got your question right age. erast king. i think at the vatican it bugs the answer that mr borden gave was a little bit in the period that you see a button in the post electoral period again i'm not sure i understand your question correctly i think that you said that after the trail campaign you have to use what that means over just because every electoral campaign you know it's all kinds of. media techniques i should let them both a muzzle on i think this was what he meant mission at the legion ag and the matter of personal hygiene and there's nothing to talk about but what he use
there's also a question for mrs merkel. this was what do you think about the quadriga case. and i can start with my apartment is nice and i. get it before going and he and i don't have a special biotin special words to say in that case and i don't think this topic. but there you go. you know not not the topic which will influence our words like well it's already ships between germany and russia i think it was a decision of the committee. yes. i think it's my turn to see something of that and....
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like every other chancellor before her, angela merkel has not dared to restrict the german freedom of the roads. attempts to drive her in that direction are bound to hit a big robot. >> japanese soccer fans have been celebrating their team's major victory at the women's soccer world cup here in germany. happy but tired after a night of celebration, members of the japanese team signed a few autographs before leaving for the airport monday afternoon. japan passed the u.s. to get the title, and it was in the starting game from start to finish. >> she blasted home the last decisive penalty they gave japan their first-ever women's world cup title. it was a heartbreaker for the u.s., the were the more aggressive team. the americans were awarded the lead, with a score. japan refused to give up, and after a u.s. defensive lapse three minutes from the end time, the japan players leveled the score. that meant extra time, and the store was much the same. one player put the u.s. back in front. but again, three minutes from the end, it was on to penalties. the u.s. team had a terrible start, missi
like every other chancellor before her, angela merkel has not dared to restrict the german freedom of the roads. attempts to drive her in that direction are bound to hit a big robot. >> japanese soccer fans have been celebrating their team's major victory at the women's soccer world cup here in germany. happy but tired after a night of celebration, members of the japanese team signed a few autographs before leaving for the airport monday afternoon. japan passed the u.s. to get the title,...
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there's also a question for mrs merkel. this was well what do you think they could trigger a case. on your mind. and i can start with my words and i know i. mean he and i don't have a special one. additional words to say in that case and i think this topic of course. is. not a not a topic which will influence our words like the ballots are already ships between germany and russia i think it was a decision of the committee. judy i go. i think it's my turn to see something of. your question right age. you're asking. i think that the beating up of a bug the answer that mr gave was a little bit in the video that you see a bullet in the post electoral period again i'm not sure i understand your question correctly i would think that you said after each electoral campaign you have to use but i mean just because every electoral campaigns involves all kinds of malicious media techniques. and i think this was what he meant mission the village negi and the matter of personal hygiene and there's nothing to talk about what he used the expression was and i'm well i think it's one of those nice m
there's also a question for mrs merkel. this was well what do you think they could trigger a case. on your mind. and i can start with my words and i know i. mean he and i don't have a special one. additional words to say in that case and i think this topic of course. is. not a not a topic which will influence our words like the ballots are already ships between germany and russia i think it was a decision of the committee. judy i go. i think it's my turn to see something of. your question right...
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not be able to pay them the euro's facing an existential crisis that gets german chancellor angela merkel but the head of your biggest economy balls they still might not find a compromise at the brussels summit that's crazy tensions across the globe rather indeed there are. those at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy in the session with some very weak economic figures and suffering as well e.u. leaders could stand the test warrant for the single currency here at the summit if again they fail to do a deal and halt the spread in europe experts fear public panic will take over you know in the control panel see brussels well germany and france have declared that they'll take a joint position on fighting the debt crisis through today's summit but according to professor. western investing a unity is intended only for show. if they go on doing what they did for the last two years it's going to feel because there was one plan a second plan and now if they had a plan of this in nature it woul
not be able to pay them the euro's facing an existential crisis that gets german chancellor angela merkel but the head of your biggest economy balls they still might not find a compromise at the brussels summit that's crazy tensions across the globe rather indeed there are. those at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy in the session with some very weak economic figures and suffering as well...
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i think what it does say is what british ambassador british prime minister cameron in chancellor merkel of germany said that multiculturalism has failed in western europe and in the united states and in canada and elsewhere and there are large numbers of people who are not going to pick up guns and shoot anyone but there's a large number of people in the west who believe that the multiculturalists the people who are forcing changes in western culture in western religion and western civilization are really the enemy and that's certainly what the man in norway felt and i don't think he's alone again he's probably in a very small minority who will pick up a gun and do something but the governments who have allowed endless amounts of open immigration who have who have made free speech much less viable in the west they're at base the cause of what happened in norway it was an overreaction to a puppet to a failed policy at least according to people like cameron and merkel turning now to libya the thirty countries recognize the rebel council as libya's they just make government now put. there
i think what it does say is what british ambassador british prime minister cameron in chancellor merkel of germany said that multiculturalism has failed in western europe and in the united states and in canada and elsewhere and there are large numbers of people who are not going to pick up guns and shoot anyone but there's a large number of people in the west who believe that the multiculturalists the people who are forcing changes in western culture in western religion and western civilization...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe. at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well. e.u. leaders could sign that this warrant for the single currency here at the summit if they fail to do a deal to halt the spread in europe experts fear public panic will take over denying them control. see brussels for naturals member of the european parliament of the u.k. independence party told me bailouts could last for ages and offer no exit out of the debt trap. we can continue propping up the euro and we can continue pouring money into this and the idea that britain my own country isn't putting any money in it's complete nonsense because we are all of already our contribution to the i.m.f. which is now over twenty billion so we're contributing to this we don't want to bail out these basket case economies anymo
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe. at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well. e.u. leaders could sign that this warrant for the single currency here at the summit if they fail to do a deal to...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of your biggest economy will. find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious. problems but on the other side of the atlantic you have the u.s. economy. but some very weak economic figures and suffering as well e.u. leaders could sign the death warrant for the single currency here at the summit if again they fail to do a deal to halt the spread in europe experts fear public panic will take over denying them control. brussels well to discuss the financial woes gripping the e.u. when joined by professor. and apartment of political science at the paris western university thank you for joining us here in the studio. made no attempt to hide his skepticism over this meeting and there's only. they come up with a joint agreement with france on the pressure always seeing cracks forming among the leadership over all this i think the cracks of always been there and there's an attempt now to paper over
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of your biggest economy will. find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious. problems but on the other side of the atlantic you have the u.s. economy. but some very weak economic figures and suffering as well e.u. leaders could sign the death warrant for the single currency here at the...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe. poland three times those at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy well the recession but showing some very weak economic figures and suffering as well. e.u. leaders could work for the single currency here at the summit if again they fail to do a deal to halt the spreading your of exposed to the public plan it will take over denying them control don't you see brussels. it's makes good opinion now on the e.u. emergency so to speak so financial writer peter bell paints a very good evening thank you being on r.t. international as the leaders then hold the emergency summit all eyes on the franco german rescue deal for grace but does not suggest only two countries there making the decisions for all seventeen nations in the eurozone. this is a political agreement on this is a political situation and the two biggest are simply france and germany to
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe. poland three times those at the moment the most visible the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy well the recession but showing some very weak economic figures and suffering as well. e.u. leaders could work for the single currency here at the summit if again they fail to do...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of europe's biggest economy warns they still might not find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible of the most obvious is the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well your leaders could sign the death warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading you're a virus experts fear public panic will take over denying them control. brussels well germany and france have declared that they'll take a joint position of finding a debt crisis during today's summit but according to press galen from the parents west university their unity is intended only for. if they go on doing what they did for the last two years it's going to feel because it was one plan a second plan and if they had a third plan of this in nature it would feel basic
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of europe's biggest economy warns they still might not find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible of the most obvious is the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well your leaders...
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the fore a subject that he's raised in the past there is a particular friendship between angular merkel to meet from it better perhaps two of the closest partners on the world stage and that was very much present here in the talks today now we've heard that president medvedev has been quiz several times about his election opportunities and today he said that he would be making you know it's a very shortly about whether he would stand for president of russia again. and richard would have said they shared common views on the whole middle east situation of course both countries abstained russia and germany abstained on the u.n. vote authorizing action for military intervention in libya and the escalation of violence is something of concern to both sides some upset it is a little saying you shouldn't even though at the risk aleutian should not be playing i mean both resolution nine hundred seventy three and resolution nineteen seventy they're ok we support it the first resolution we abstained on the second one but we thought that the resolution will be implemented deploying to what it says
the fore a subject that he's raised in the past there is a particular friendship between angular merkel to meet from it better perhaps two of the closest partners on the world stage and that was very much present here in the talks today now we've heard that president medvedev has been quiz several times about his election opportunities and today he said that he would be making you know it's a very shortly about whether he would stand for president of russia again. and richard would have said...
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where there is fuel for thoughts as russian president dmitry medvedev need stroman translator angela merkel to talk about gas he's eyeing up access to consumers in the biggest market for russian energy and that's more time travel now after germany decided to pull the plug on power energy minister said ignition of core estimates this could increase the country's i know gas consumption by twenty percent he says germany may subsidize the building of gas facilities jointly with russia and russia says it's ready to meet the man prime minister putin earlier indicated adding a new line to the nordstrom network which will pump gas to europe bypassing ukraine and belarus. now life it is getting easier for foreign investors playing on the russian stock markets they now don't have to pay a twenty percent capital gains tax for trading local shares officials say foreigners often conclude the deals with russian blue chips outside the country in order to avoid this tax analysts hope the move will help boost liquidity in the markets. let's take a look now at the day's trading crude is on the rise as invest
where there is fuel for thoughts as russian president dmitry medvedev need stroman translator angela merkel to talk about gas he's eyeing up access to consumers in the biggest market for russian energy and that's more time travel now after germany decided to pull the plug on power energy minister said ignition of core estimates this could increase the country's i know gas consumption by twenty percent he says germany may subsidize the building of gas facilities jointly with russia and russia...
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themselves in the foot they can be doing them let's extend those loans but in the end it was mrs merkel it's doing she's misleading her parliament in precisely the same way that we set up on that it was misleading his parliament because this money is not for greece this money is for the french and the german banks and a fool for saving the banking system not saving but preventing another collapse of the banking system all right well finally of course we're talking here you're actually sitting on a greek island how much do you want for it how much do you want for your children. yes well that sounds very impassioned but as we know it is more all sad no place and today's global economy morals don't trade on any exchange therefore morals down exist it's just it's all everyone's got their price and today's globalized economy so out there is it that when when we are a little less fashion that maybe next week but let me answer this question in a dispassionate way i was talking to investors from switzerland and germany who really want to get their hands on duty gas and they said to me off to th
themselves in the foot they can be doing them let's extend those loans but in the end it was mrs merkel it's doing she's misleading her parliament in precisely the same way that we set up on that it was misleading his parliament because this money is not for greece this money is for the french and the german banks and a fool for saving the banking system not saving but preventing another collapse of the banking system all right well finally of course we're talking here you're actually sitting...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe not indeed there are problems in three time zones at the moment the most visible of the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well your leaders could sign that this warrant for the single currency here at the summit if again they fail to do a deal with the spreading you're a virus experts fear public panic will take over denying them control. see brussels. and the cranks frighten the king to join its report later this hour. with the east those struggling to keep its head above water there are still some countries that are ready to get on board or some commentators have compared to climbing on the titanic after it started thinking. financial times correspondent david well says it's not only the euro it's going down. i don't believe those either the european economies or the united states have yet
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe not indeed there are problems in three time zones at the moment the most visible of the most obvious is clearly the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well your leaders could sign that this warrant for the single currency...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of your biggest economy warns they still might not find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious in the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well e.u. leaders could sign the death warrant for the single currency here at the summit if again they fail to do a deal and halt the spread in europe experts fear public panic will take over denying them control. see brussels. as the struggles to preserve the euro u.s. is fighting its own battles economic hardship faced by both sides as a consequence of their refusal to recognize the huge issues of two thousand and eight financial crash presented that's according to former financial times correspondent david don't well. i think the story is that the euro as a as a phenomenon is in quite serious danger our main concern has to
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of your biggest economy warns they still might not find a compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious in the eurozone problems but on the other side of the atlantic you have the u.s. economy not in the session but showing some very weak economic figures and suffering as well e.u. leaders could...
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might not be able to pay them the euros facing an existential crisis admits german chancellor angela merkel but the head of europe's biggest economy falls they still might not find a compromise at the brussels summit that's raising tensions across the globe not indeed all of them three times those at the moment the most visible the most obvious is clearly the euros or problems but on the other side of the atlantic you have the u.s. economy rather than the session with very weak economic figures and suffering as well e.u. leaders could stand the test warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading your of experts fear public panic will take over denying them control. see brussels. well i'm not going fly by hugh senior research fellow at the school could be institute for emerging markets in beijing to discuss china's perspective on being crisis card holding documented thanks for being with us here on r.t. and there were reports that he took from seven hours the anglo american and nicolas sarkozy to reach an agreement on how to deal wit
might not be able to pay them the euros facing an existential crisis admits german chancellor angela merkel but the head of europe's biggest economy falls they still might not find a compromise at the brussels summit that's raising tensions across the globe not indeed all of them three times those at the moment the most visible the most obvious is clearly the euros or problems but on the other side of the atlantic you have the u.s. economy rather than the session with very weak economic figures...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe rather and into poland three time zones at the moment the most visible of the most obvious is the euro zone problems but on the other side of the atlantic you have the u.s. economy recession showing some very weak economic figures and suffering as well. the u. leaders could this work for the single currency here at the summit if they fail to do a deal of the spreading. exposed public panic will take over there knowing the control . brussels. and the e.u. cranstoun function they came to join. with the east they're struggling to keep its head above water there are still some countries that are ready to get on board and what some commentators are climbing on the titanic after it started thinking. financial times dodwell says it's not only your own it's going down. i don't believe there's either the european economies or the united states have yet. really begun to get to grips with the very grave collapse occurred after two thousand and eight. lots
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel that's raising tensions across the globe rather and into poland three time zones at the moment the most visible of the most obvious is the euro zone problems but on the other side of the atlantic you have the u.s. economy recession showing some very weak economic figures and suffering as well. the u. leaders could this work for the single currency here at the summit if they fail to do a...
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the future is similar one doubts will be strictly restricted and his statement echoed chancellor merkel's earlier statement that the lane would not engage in unconditional buy of bones from stricken members and other development it's a warning france that it needs more cuts to avoid becoming the next victim of the debt crisis economists the author economics also patrick young says power says problems started long ago. the problem is look these aren't things that have just happened suddenly i mean the french budget deficit has been in a deficit the french budget since one thousand nine hundred seventy four i mean these are things that have been going on for thirty or forty years it's absolutely ludicrous untruthfully governments need to stop spending and they need to be very realistic about their budgets and there are fundamental problems going all the way through the euro zone and we don't have any leaders who are willing to give us a sustainable solution this is typical of contagion we've been talking about it for weeks we have you know when you get some degree of illness and it goes thr
the future is similar one doubts will be strictly restricted and his statement echoed chancellor merkel's earlier statement that the lane would not engage in unconditional buy of bones from stricken members and other development it's a warning france that it needs more cuts to avoid becoming the next victim of the debt crisis economists the author economics also patrick young says power says problems started long ago. the problem is look these aren't things that have just happened suddenly i...
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might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of your biggest economy . to compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious the eurozone problems but on the other side of the atlantic you have the u.s. economy the session with very weak economic figures and suffering as well e.u. leaders could sign the warrant for the single currency here at the summit if again they fail to do a deal to halt the spreading your a virus experts fear public panic will take over denying them control. brussels well i'm now joined live by hugh senior research fellow at the skulk of institute for emerging markets in beijing to discuss china's perspective on the european crisis documented being with us here on r.t. i know we reported half an hour. and to reach an agreement on how to deal with the greek debt is this likely do you think. maybe. sorry i didn't catch your question so my question was put it all to the the huge amount of time they had to call the french pre
might not be able to pay them the euro's facing an existential crisis admits german chancellor angela merkel but the head of your biggest economy . to compromise at the brussels summit that's raising tensions across the globe. at the moment the most visible the most obvious the eurozone problems but on the other side of the atlantic you have the u.s. economy the session with very weak economic figures and suffering as well e.u. leaders could sign the warrant for the single currency here at the...
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being told to do it and then it will cause the guys gray eyed to be total total terror because mrs merkel wants to throw some bones to her members of parliament saying look they did exist are reading shooting themselves in themselves in the foot they can be killing them let's extend those terms but in reality it was only mrs merkel it's doing she's misleading her parliament in precisely the same way that mrs bush on that is misleading these problems because this money is not for greece this money is for the french and german banks and for saving the banking system not saving but preventing another collapse of the banking system her well finally of course we're talking here you're actually sitting on a greek island how much do you want for it how much do you want for your children. yes well that sounds very impassioned but as we know it is more all sad no place and today's global economy morals don't trade on any exchange there for morals down exist so it's just a start everyone's got their price and today's global eyes economy so out there is it that when when you're a little less passion
being told to do it and then it will cause the guys gray eyed to be total total terror because mrs merkel wants to throw some bones to her members of parliament saying look they did exist are reading shooting themselves in themselves in the foot they can be killing them let's extend those terms but in reality it was only mrs merkel it's doing she's misleading her parliament in precisely the same way that mrs bush on that is misleading these problems because this money is not for greece this...
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to get it and then the question of course was why are they being totally told to do it because mrs merkel wants to throw some bones to her members of parliament saying look we're going to x. . shooting themselves in themselves in the foot they can be killing them let's extend those unknowns but in the end it was mrs merkel it's doing she's misleading her parliament in precisely the same way that mrs brook on that it was misleading his parliament because this money is not for this man he's for the french and german banks and for saving the banking system not saving but preventing another collapse of the banking system all right well finally of course we're talking to you you're actually saying on a greek island how much do you want for it how much do you want for your children. yes well that sounds very impassioned but as we know it is more all sad no place than today's global economy morals don't trade on any exchange therefore morals don't exist so it's just it's all everyone's got their price and so they globalized economy so out there is it that when a little less passion that maybe ne
to get it and then the question of course was why are they being totally told to do it because mrs merkel wants to throw some bones to her members of parliament saying look we're going to x. . shooting themselves in themselves in the foot they can be killing them let's extend those unknowns but in the end it was mrs merkel it's doing she's misleading her parliament in precisely the same way that mrs brook on that it was misleading his parliament because this money is not for this man he's for...