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merkel believes the way to restore confidence in the eu is through bold fiscal reform. >> angela merkel's preferred route out of the eurozone crisis is very different than the one sought by many of her european partners. she has a clear idea of what the brussels summit should achieve but warns against excessive optimism. >> the solution to the eurozone debt crisis is a process, and this process will take years. >> germany says yes to a new treaty, but to discipline, and sanctions for profligate spenders, but note to eurobonds or a banking license for the rescue fund. french believe that is just a return of memnon. . >> the bismarck style is bringing the tradition of german nationalism back to a head. >> the british are also highly annoyed. it by a single sentence, that all of europe was now speaking german. the crisis has forced germany into the role of leader pierre the chancellor wants to push through her german the principles as head of a strong and powerful nation, but tempers her statements. >> it is true that we advocate a certain culture of stability and growth, but we are doing so
merkel believes the way to restore confidence in the eu is through bold fiscal reform. >> angela merkel's preferred route out of the eurozone crisis is very different than the one sought by many of her european partners. she has a clear idea of what the brussels summit should achieve but warns against excessive optimism. >> the solution to the eurozone debt crisis is a process, and this process will take years. >> germany says yes to a new treaty, but to discipline, and...
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i think merkel is right.ut there is a consequence to that which is it's not clear all 17 members will be able and willing to sign up. >> mohamed el-erian co-ceo of pimco. in terms of where they should be putting their moment el-erian says the u.s. should be part of that and we should avoid taking major risks, sound advice, charles. >> and very sound indeed. i'm sure he won't be the only one to be saying that. certainly me who are less inspired but could have told us that. in monday imf officials are sitting down to discuss what progress greece has made in improving its financial situation. the bank has to decide whether athens has done enough to deserve its next loan payout. that was put in jeopardy by former prime minister george p papandreou. he's been telling fareed zakaria the wider situation is uncertain. >> i think we're at a crossroads. it is the mrilg will that is necessary to decide on whether we will move forward to a deeper union and therefore not only protect the euro-zone but i would say everythi
i think merkel is right.ut there is a consequence to that which is it's not clear all 17 members will be able and willing to sign up. >> mohamed el-erian co-ceo of pimco. in terms of where they should be putting their moment el-erian says the u.s. should be part of that and we should avoid taking major risks, sound advice, charles. >> and very sound indeed. i'm sure he won't be the only one to be saying that. certainly me who are less inspired but could have told us that. in monday...
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Dec 2, 2011
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german chancellor angela merkel demands patience. parliamentary elections are coming in. and the 2012 football championships. we will talk about which sides have the luck of the draw, and which ones do not. this is a marathon, not a sprint. that is out german chancellor angela merkel describe the process of fixing the eurozone. >> she says it fundamental changes are necessary to keep the 0 live. >> those changes could include how all eurozone countries run their finances. this will be discussed at a crucial summit in just one week. >> again, rejected ideas that quick fixes simply will not work. >> germany has been accused of wanting to dominate europe and of putting its own interests first, but chancellor angela merkel said it was simply advocating against the culture of instability. >> we have to work to strengthen the foundations of economic and monetary union. we have to repair the construction mistakes made when the economic and monetary union was formed. we have to finish the job. the goal is fiscal union. >> that would require a change in the eu treaties. merkel tou
german chancellor angela merkel demands patience. parliamentary elections are coming in. and the 2012 football championships. we will talk about which sides have the luck of the draw, and which ones do not. this is a marathon, not a sprint. that is out german chancellor angela merkel describe the process of fixing the eurozone. >> she says it fundamental changes are necessary to keep the 0 live. >> those changes could include how all eurozone countries run their finances. this will...
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Dec 10, 2011
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we know that chancellor angela merkel had a lot riding on this. do you think she got what she wanted? >>t victory at a high price. she gained, of course, an agreement to her plan from 26 membertas, but at the cost of excluding britain. there is a second point. th i oy a framework for fiscal union. i'd think it is very likely tha w'llee some tough negotiating as member states fight for their national interests. thirdly, this treaty that has been talked about has been questioned already by european lawyers, who think that it may not be legal. in thatas o course, it could lead, in the most dramatic scenario, to the european union being dissolved in its present form and being reconstituted around britain. >> that sounds extremely radical. i do not think we're quite there. it seems as if there was an appeal to germany's constitutional court. will that happenga? >> it is possible. the constitutional court has come in each of those cases, all the strength in hand of the rm plien-- the constitutional court has come in each of those cases, put all the stre
we know that chancellor angela merkel had a lot riding on this. do you think she got what she wanted? >>t victory at a high price. she gained, of course, an agreement to her plan from 26 membertas, but at the cost of excluding britain. there is a second point. th i oy a framework for fiscal union. i'd think it is very likely tha w'llee some tough negotiating as member states fight for their national interests. thirdly, this treaty that has been talked about has been questioned already by...
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Dec 2, 2011
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the most important words today have come from german chancellor angela merkel. is it seem like she is now convinced that she can push through a significant eu change to get this fiscal union? >> she is certainly talking that way, but you're absolutely right. you don't do these things overnight. she is not talking about a big, blockbuster negotiation for the full european union. she's talking about tweaking treaties within the eurozone. you think of the shanghai agreement, which is in agreement about who can cross borders. it was negotiated over the years, but relatively painless. she wants the same kind of treaty. the question really is, everybody thinks that nell is the time when the eurozone is -- that now is the time when the eurozone is either safe or shattered. these treaties will take a long time. what is going on? her language and the substance even does not seem to have changed very much. >> the immediate urgency in this situation. the markets are looking for some sort of certainty about the future. hugh, do you believe they are of one mind and do you be
the most important words today have come from german chancellor angela merkel. is it seem like she is now convinced that she can push through a significant eu change to get this fiscal union? >> she is certainly talking that way, but you're absolutely right. you don't do these things overnight. she is not talking about a big, blockbuster negotiation for the full european union. she's talking about tweaking treaties within the eurozone. you think of the shanghai agreement, which is in...
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Dec 5, 2011
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i plead trust angela merkel when she says she will lead us all. ban ki moon a good friend of afghanistan. >> you have said that you would be happy to have the german troops stay on for ever. president hamid, karzai, many thanks. >> with that, we wrap up "the journal." thank you for joining us. stay tuned.
i plead trust angela merkel when she says she will lead us all. ban ki moon a good friend of afghanistan. >> you have said that you would be happy to have the german troops stay on for ever. president hamid, karzai, many thanks. >> with that, we wrap up "the journal." thank you for joining us. stay tuned.
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summit will finally be a decisive day for the future german chancellor angela merkel is pushing for a treaty change with a fiscal union as the end goal she wants brussels to have veto powers over national budget plans that breach e.u. limits automatic sanctions for debt violators a day of court for repeat offenders. in a word merkel wants to impose discipline french president nicolas sarkozy is generally on the same page but is resisting giving more powers to brussels whoever pays the piper gets to call the june germany price we've all of you in the euro zone want to keep the single card safe you must be prepared for that you must be prepared for giving up your fiscal sovereignty perhaps maybe you can even save some public money by distorting your national finance ministries but this german m.e.p. begs to differ but what is the sovereignty for germany at the moment paying billions and billions of risk there's no sovereignty we are forced to do this because the euro is with reality so basically regaining sovereignty by sharing it on the european level is what the whole operation is abo
summit will finally be a decisive day for the future german chancellor angela merkel is pushing for a treaty change with a fiscal union as the end goal she wants brussels to have veto powers over national budget plans that breach e.u. limits automatic sanctions for debt violators a day of court for repeat offenders. in a word merkel wants to impose discipline french president nicolas sarkozy is generally on the same page but is resisting giving more powers to brussels whoever pays the piper...
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Dec 14, 2011
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german chancellor angela merkel is new to make an address in an hour or so. she will outline the main points of the eurozone treaty. a senior figure from the free democrats has unexpectedly declined. the general secretary of the party. it may be linked -- we are joined by suzanne, the bureau chief in london for the german public broadcaster. we have been looking at the absence of countries like the uk. questions in germany about the deal itself. >> yes, it's a very interesting day for angela merkel in the parliament. that move this morning is quite crucial for her. contrary to the british situation, the liberals in germany are far more right wing. this person wanted to say that he was hinting at a euro skeptic group within his party. german chancellor angela merkel has to face some criticism about what she is doing in brussels within the coalition. >> is there a possibility, given this move by the free democrat general secretary, that she may not get her wishes in the german parliament? >> i think she will get her wishes, even in the german parliament. the ma
german chancellor angela merkel is new to make an address in an hour or so. she will outline the main points of the eurozone treaty. a senior figure from the free democrats has unexpectedly declined. the general secretary of the party. it may be linked -- we are joined by suzanne, the bureau chief in london for the german public broadcaster. we have been looking at the absence of countries like the uk. questions in germany about the deal itself. >> yes, it's a very interesting day for...
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european school of management and technology thank you for coming on the program today chancellor merkel is saying that a solution to the debt crisis will take years tell us does the eurozone have years . that's a good question and i think. i'm going back to its right to point out that there are no easy fixes for the for the current crisis and i think she's right to resist the call for the year of one so i think this is. seems to be an easy way but actually it has a lot of dangerous and the ways she likes to steer europe out of the crisis is by focusing on. getting the problems of the euro zone structure fixed and that basically means to address the issue of fiscal unity and making sure that national governments basically stick to the same rules within the euro zone and that is something that requires a lengthy political process and that's what she pointed out she didn't want out of fiscal unity put on the heels of what merkel said tighter controls over budget creating a fiscal union where brussels will be imposing penalties on members that break the rules would it take individual nation
european school of management and technology thank you for coming on the program today chancellor merkel is saying that a solution to the debt crisis will take years tell us does the eurozone have years . that's a good question and i think. i'm going back to its right to point out that there are no easy fixes for the for the current crisis and i think she's right to resist the call for the year of one so i think this is. seems to be an easy way but actually it has a lot of dangerous and the...
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Dec 20, 2011
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they are not being too nice to angela merkel either. also today, and independence- minded scotland has a growing taste for independence from the u.k. if a fashion magazine for religious muslim women shows how turkey is changing. a budapest theater on by non- contrarians. nicolas sarkozy faces an uphill battle to keep the presidency of france. his approval rating is at bell lowest since the and it -- fifth republic began in 1958. anti-german feelings are having an influence on the way that people mean to vote. >> the german imperial eagle allies defeated. the memorial north of paris is dedicated to world war i. almost forgotten in germany, the remembering of the war is fresh in france. >> there were dead and wounded in every family. all of the families were badly affected in the first world war. that was not the case in 1940. >> despite that, both world wars play a role. >> the armistice was signed in this railway carriage. so was the one signed in 1940. >> in 1940, the nazi regime forced them to surrender the same place that the germans
they are not being too nice to angela merkel either. also today, and independence- minded scotland has a growing taste for independence from the u.k. if a fashion magazine for religious muslim women shows how turkey is changing. a budapest theater on by non- contrarians. nicolas sarkozy faces an uphill battle to keep the presidency of france. his approval rating is at bell lowest since the and it -- fifth republic began in 1958. anti-german feelings are having an influence on the way that...
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our money. >> in the german parliament today, angela merkel was looking for a plan that would save theus idea is for the countries to be bound more closely together, with tough rules to prevent governments overspending. >> anybody who just a few months ago would have said that we were introducing very serious steps, for a fiscal union, would have been considered crazy. >> she said, however, that fixing the crisis was a process that would take years. at the heart shall the lateful -- of the latest plan by angela merkel is what is called a fiscal union with tighter control over tax and spending. there were be sanctions against countries that broke the rules, with offenders possibly being taken to the european court of justice. national budgets could even be vetoed. >> of course this is hard to swallow for any sovereign country, however, the situation is such that countries cannot really bargain for much. they need whatever it on the table to work because otherwise the consequences will be dire. >> in angela merkel's view, these plans will require changes to the u.n. treaties. in the past
our money. >> in the german parliament today, angela merkel was looking for a plan that would save theus idea is for the countries to be bound more closely together, with tough rules to prevent governments overspending. >> anybody who just a few months ago would have said that we were introducing very serious steps, for a fiscal union, would have been considered crazy. >> she said, however, that fixing the crisis was a process that would take years. at the heart shall the...
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in a word merkel wants to impose discipline french president nicolas sarkozy is generally on the same page but is resisting giving more powers to brussels whoever pays the piper gets to call the june germany pace we've all of you in the euro zone want to keep the single card safe you must be prepared for that you must be prepared for giving up your fiscal sovereignty perhaps maybe you can even save some public money by this holding your national finance ministries but this german m.e.p. begs to differ but what is the sovereignty for germany at the moment paying billions and billions of risk there's no sovereignty we are forced to do this because the euro is a reality so basically regaining sovereignty by sharing it on the european level is what the whole operation is about. while germany may be for greater fiscal integration it's dead set against the euro bond idea or euro countries sharing debt and idea pushed by the european commission albeit renaming it stability bonds in effect italy's debt interest rates for example would go down from its worrying six to seven percent level while
in a word merkel wants to impose discipline french president nicolas sarkozy is generally on the same page but is resisting giving more powers to brussels whoever pays the piper gets to call the june germany pace we've all of you in the euro zone want to keep the single card safe you must be prepared for that you must be prepared for giving up your fiscal sovereignty perhaps maybe you can even save some public money by this holding your national finance ministries but this german m.e.p. begs to...
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merkel is meeting with french president, nicolas sarkozy, about the eu. she says it needs better financial discipline if it is supposed to survive. sarkozy said the crisis facing the euro currency requires a structural response. he wants to rebuild the foundation. he noted a revision is necessary to address european credit uncertainties. he also said deciding issues with the majority rather than a unanimous vote would promote faster decision-making among eu members. >>> christmas season is in full swing in japan and the stores are glittering with festive decorations. thee are simple designs that come with an inspirational story. all the decorations were made by a group of women who lost their jobs to the march 11 earthquake and tsunami. on the road ahead we look at how these ornaments help the women overcome their loss and dispair. >> this area was deaf stated by the march tsunami. in this district, 80% of fishing boats were swept away. the local industry was wiped out. this woman survived the tragedy, but everything she owned was gone. her home, two boat
merkel is meeting with french president, nicolas sarkozy, about the eu. she says it needs better financial discipline if it is supposed to survive. sarkozy said the crisis facing the euro currency requires a structural response. he wants to rebuild the foundation. he noted a revision is necessary to address european credit uncertainties. he also said deciding issues with the majority rather than a unanimous vote would promote faster decision-making among eu members. >>> christmas...
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Dec 7, 2011
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it is following merkel. eventually, paris says -- we better agree. it is better to have a deal than no deal. >> it begs the question, why does he think associated himself so closely with it, why does he think that will be a vote-winner when it comes to the presidential election. >> it's better than breaking up the euro. sarkozy has to get a deal, has to save the euro. otherwise, it's really going to look bad if france loses its triple-a rating. on the other way to do that, -- politically, he is weak. he was stronger during the g-20 and all that. >> if you were one of the socialists, the opposition in france, you are thinking this is lovely. here is a right wing president dancing to the tune of the germans. >> some leaders, some anti- german leaders, are using that. he does not want to undermine the euro. how far are you willing to go? >> here is a french president, ok, with all the splendor and grandeur that implies, and here is a man who is telling you i'm going to sell you a deal. the deal means we will be punished if we ever go off of the straight
it is following merkel. eventually, paris says -- we better agree. it is better to have a deal than no deal. >> it begs the question, why does he think associated himself so closely with it, why does he think that will be a vote-winner when it comes to the presidential election. >> it's better than breaking up the euro. sarkozy has to get a deal, has to save the euro. otherwise, it's really going to look bad if france loses its triple-a rating. on the other way to do that, --...
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otherwise, the consequences would be dire. >> in angela merkel's view, these plans require changes to this treaty. that is controversial. in the past, haggling over treaties such as lisbon took years and involved some countries referenda. what is unclear is whether these latest proposals to alter the treaties will be limited or substantial. treaty changes pose a big dilemma for britain. today, the prime minister was in paris visiting president sarkozy, who is also backing the treaty change -- backing treaty change. the british position is to wait until it is clear what the final proposal will be. >> if there's treaty change, i will make sure we further protect britain's interest. we will see what happens next friday. i'm convinced the bottom line for me is always what is in the interest of the u.k. >> his dilemma is that a major treaty change would require british support, and many of his backers would see that as an opportunity to get back powers from brussels. >> we have to say that you proposed the negotiation of the european treaties. we're not going to except those on your terms.
otherwise, the consequences would be dire. >> in angela merkel's view, these plans require changes to this treaty. that is controversial. in the past, haggling over treaties such as lisbon took years and involved some countries referenda. what is unclear is whether these latest proposals to alter the treaties will be limited or substantial. treaty changes pose a big dilemma for britain. today, the prime minister was in paris visiting president sarkozy, who is also backing the treaty...
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merkel is meeting with french president, nicolas sarkozy, about the eu. she says it needs better financial discipline if it is supposed to survive. sarkozy said the crisis facing the euro currency requires a structural response. he wants to rebuild the foundation. he noted a revision is necessary to address european credit uncertainties. he also said deciding issues with the majority rather than a unanimous vote would promote faster decision-making among eu members. >>> christmas season is in full swing in japan and the stores are glittering with festive decorations. thee are simple designs that come with an inspirational story. all the decorations were made by a group of women who lost their jobs to the march 11 earthquake and tsunami. on the road ahead we look at how these ornaments help the women overcome their loss and dispair. >> this area was devastated by the march tsunami. in this district, 80% of fishing boats were swept away. the local industry was wiped out. this woman survived the tragedy, but everything she owned was gone. her home, two boats
merkel is meeting with french president, nicolas sarkozy, about the eu. she says it needs better financial discipline if it is supposed to survive. sarkozy said the crisis facing the euro currency requires a structural response. he wants to rebuild the foundation. he noted a revision is necessary to address european credit uncertainties. he also said deciding issues with the majority rather than a unanimous vote would promote faster decision-making among eu members. >>> christmas...
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>> essentially, angela merkel wants the rest of europe to be german, in terms of the way they behave, exactly. not too much spending. work hard, et cetera. >> rose: that is mazing fundamentals look what it has done for germany. and if the nations had done what germany has done they would be in a bter place. >> there si a critical issue because germany benefitted for exporting to everyone else. it is a bit of-- you can't have erybody exporting all the time. >> rose: as long as they are buying a lot of stuff they bought gern stuff. >> and what sarkozy wants most of all at t moment apart from to get re-elected is to make sure france maintains its top-notch credit rating. and that is a real threat at the moment. so you have quite differt agendas. i don't know what bob thinks interms of wch aim is more viable. >> i thi you raisea really good question, gillian. because in addition to austerity and what germany wants the rest of europe to be like, what there has been far tolittle focus on at least in my opinion s that you've also got to try to promote growth. because austerity by itself is c
>> essentially, angela merkel wants the rest of europe to be german, in terms of the way they behave, exactly. not too much spending. work hard, et cetera. >> rose: that is mazing fundamentals look what it has done for germany. and if the nations had done what germany has done they would be in a bter place. >> there si a critical issue because germany benefitted for exporting to everyone else. it is a bit of-- you can't have erybody exporting all the time. >> rose: as...
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Dec 15, 2011
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. >> our headlines -- german chancellor angela merkel calls for parliamentary support as she presentser plans to save the euro. >> a top-level resignation in her junior coalition partner over those bailout plans of the pressure on the chancellor. and marking a of the greatest expeditions of all time. norway celebrates roald amundsen and his term 8 -- his journey to the south pole. ♪ >> the eurozone debt crisis is likely to continue for years. that is according to chancellor angela merkel, who just told parliament that last week's summit little painful, yet the unavoidable measures, to bring it to an end. eu leaders agreed at a conference last week to back a german and french drive for tighter budgets to save the eurozone. the plan contains deep spending cuts, tax hikes, and more power for brussels. >> the german chancellor was decidedly upbeat in his keynote address. the current crisis and more opportunities and risks, she insisted, and doorsteps in addition to overcome e billgs of the pass when the eurozone was set up. gen when political union, she said, was now in sight. >> the way
. >> our headlines -- german chancellor angela merkel calls for parliamentary support as she presentser plans to save the euro. >> a top-level resignation in her junior coalition partner over those bailout plans of the pressure on the chancellor. and marking a of the greatest expeditions of all time. norway celebrates roald amundsen and his term 8 -- his journey to the south pole. ♪ >> the eurozone debt crisis is likely to continue for years. that is according to chancellor...
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Dec 14, 2011
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angela merkel will be very pleased. news has just come in of the general secretary of the f.d.p., the coalition party with angela merkel's christian democrats, has resigned, somewhat unexpectedly, and that is seen as being linked to the eurozone rescue move, some question of a referendum. so more actions clearly there in germany. >> we've had enough reaction from them in the past on prices going up, down, supply, up, down. >> actually, today could be a good day, because they're meeting as you and i speak. we're talking about the organization of the petroleum exporting countries. they're apparently going to set their target, their production limits really for the first time in three years, which is very important. they're also going to settle an argument over output levels, and apparently it's going to go in saudi arabia's favor. we got to remember that saudi arabia is the central banker basically of the oil market, and it's been pushing for keeping its levels sort of higher, its production levels higher. the big key thi
angela merkel will be very pleased. news has just come in of the general secretary of the f.d.p., the coalition party with angela merkel's christian democrats, has resigned, somewhat unexpectedly, and that is seen as being linked to the eurozone rescue move, some question of a referendum. so more actions clearly there in germany. >> we've had enough reaction from them in the past on prices going up, down, supply, up, down. >> actually, today could be a good day, because they're...
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french president sarkozy and merkel planned to impose penalties on excessive budget deficits. they met in paris. they outlined their plans after the talks saying they hope to draw up the revised treaty by march of next year. >> translator: new rules are needed to prevent a recurrence of the debt crisis in the eurozone. >> merkel said the existing treaty provides no means of restoring confidence. france was previously reluctant to impose sanctions on countries that overspend, but it made concessions to germany in an effort to maintain unity. the leaders will formally present the idea to european council on wednesday. it will be discussed at a eu summit thursday and friday. merkel and sarkozy also called off a plan to issue a eurozone common bond saying it would not solve the crisis. >>> the plan to strengthen the eurozone's fiscal yield eased tensions over night. slipped to around 5.9% at one point. this was the first time in about five weeks that it dropped to the 5% level. the yield recently reached 7%. that's a level that would make it difficult for the country to rebuild fi
french president sarkozy and merkel planned to impose penalties on excessive budget deficits. they met in paris. they outlined their plans after the talks saying they hope to draw up the revised treaty by march of next year. >> translator: new rules are needed to prevent a recurrence of the debt crisis in the eurozone. >> merkel said the existing treaty provides no means of restoring confidence. france was previously reluctant to impose sanctions on countries that overspend, but it...
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is there any way angela merkel penn state you can have a little leeway? >-- is there any way angela merkel can say you can have a little leeway? >> you can have degrees of control. it is about taxation and spending in different countries. all that will be in the details yet to be negotiated. the real question, if you have a central directives that particular countries such as may be priests and pastors have this much cash and cannot exceed a particular level of gdp, then you have to enforce that. the details will then be negotiated. the difficulty is that this crisis is immediate. and the markets are not saying these treaties will be renegotiated over the next two years, so let's all go home. they are saying there's a problem right now and how do we solve it? >> there is an immediate crisis. where is it that nicolas sarkozy can perhaps compromise? >> he must find agreement quickly because this is already tough on the current economy. their credit rating is under threat. if they don't find an agreement on friday they will lose out. he must find agreement a
is there any way angela merkel penn state you can have a little leeway? >-- is there any way angela merkel can say you can have a little leeway? >> you can have degrees of control. it is about taxation and spending in different countries. all that will be in the details yet to be negotiated. the real question, if you have a central directives that particular countries such as may be priests and pastors have this much cash and cannot exceed a particular level of gdp, then you have to...
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german chancellor angela merkel things parts of the deal have been a breakthrough while if you can a sharper also says it's unfortunate that not everyone backs it will have more from brussels that's. also israeli missiles rained down on garza targeting militants but hitting civilians in the most dramatic escalation of violence in weeks. and both valid russia central election commission confirms the ruling united russia party win the sunday's parliamentary poll but admits minor irregularities did take place. hello you're watching r t from moscow it's ten pm here now my name's kevin zero in on our top story for you e.u. leaders have pushed through new budget rules to save the single currency but the franco german dream of a unified europe is being dealt a severe blow by london marathon overnight talks or the u.k. oct out of a new e.u. treaty which will now have to be agreed between individual nations. in brussels for us. with the decisions that came out what we're going to see is a two speed europe essentially those who are on board the german push for more fiscal integration stricter
german chancellor angela merkel things parts of the deal have been a breakthrough while if you can a sharper also says it's unfortunate that not everyone backs it will have more from brussels that's. also israeli missiles rained down on garza targeting militants but hitting civilians in the most dramatic escalation of violence in weeks. and both valid russia central election commission confirms the ruling united russia party win the sunday's parliamentary poll but admits minor irregularities...
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the summit in brussels is to consider the angela merkel nicolas sarkozy plan. meeting with france, spain, and italy later in the week, with a simple message. the fall of the euro will cause much pain. " we do none know is if he is also bringing promises of money for rescue funds. bbc news, berlin. >> i am joined by the former adviser to the british government, now a senior managing director at fti. thank you very much for being here. i want to pick up quickly on the visit of timothy geithner. is this a sign of how crucial this week's meeting is going to be? >> absolutely. president obama said to get your act together. the euro zone collapse, it will ease pressure up to a point. they are very anxious on what will happen as it leads to serious problems in the euro zone. >> having mentioned to the meeting yesterday, i was on the air when the markets were going up and everyone was saying look, it is not signed and sealed, but they are absolutely for the first time giving an indication that they are entr'acte. >> what they really want to do is make sure that everyon
the summit in brussels is to consider the angela merkel nicolas sarkozy plan. meeting with france, spain, and italy later in the week, with a simple message. the fall of the euro will cause much pain. " we do none know is if he is also bringing promises of money for rescue funds. bbc news, berlin. >> i am joined by the former adviser to the british government, now a senior managing director at fti. thank you very much for being here. i want to pick up quickly on the visit of timothy...