but angela merkel defended the brussels accord. said funding recipients would be subject to strict and, long-term, that would help stabilize the euro. >> there is a legal connection here between sound policy and solidarity. that is a very important. we back the euro. we want it as our stable currency. we believe we can run our economy better with it, that our living standard will be higher, and that is why i am is seeking agreement from you all. >> while many in the opposition are wary of handing over more power to brussels, the general consensus in parliament is that the common currency must be saved. >> and voting has just begun after that debate. let's go to john who is following things from our parliamentary studios. is the government going to get its two-thirds majority? >> i think that is very likely. i just returned from the chamber. and just to clear up a possible misunderstanding, because i think in the international media, this is often being and accurately reported. this debate, of course, the chamber today is not about

because she is being tough. >> angela merkel is doing a good job. i think the way she stands her ground is good as well. i really support her. >> angela merkel, the iron chancellor or the euro terminator, as she was recently depicted by a british news magazine, just hours after addressing the bundestahg. agee's back to berlin for a crucial vote on friday. merkel is fighting on all fronts. >> the chancellor is now in paris to try to agree on a common line with the french president at the eu summit. it is her first visit to the french capital since he took office. >> merkel said the summit would be addressing the future of the european union. both say deeper integration is needed in europe. she added that we need a europe that is functional and the markets would be looking for that, but she also said further integration would have to be based on the principle of mutual support. >> as that meeting got under way, we spoke to our brussels bureau chief, who is in paris with the german chancellor and ask for more on the significance of tonight's talks. >>

chancellor merkel's these are far removed from the russian president's.he 90 minutes of talks were dominated by the situation in syria. germany supports the international peace plan for the violent country. merkel has been scoring her position with the american and french presidents. >> prospects in syria look really bad, and we absolutely candid the human rights violations taking place there. >> in the u.s. security council, russia and china had been blocking international action against syria. the u.s. secretary of state says russia is only further destabilizing the situation by supporting the baskets. >> we are focused on supporting kofi annan, reaching out, both inside and outside of syria, bringing together those that are most directly affected, particularly in the region. >> as putin arrived at the berlin chancellery, a small but vocal group of demonstrators protested outside the gates. the accused the russian president of worsening the crisis. both putin and merkel could hear the protest. >> for more, we're joined by our political correspondent. do

power -- germany full power is not unlimited. -- germany's's power is not unlimited. >> merkel says individual country's debt should not be shared in the form of eurobonds. instead she was to encourage austerity and growth. >> both elements are a central. if we are to reach a sustainable resolution, we have to attack the crisis at its roots. the massive debt and lack of competitiveness of member states, as well as the like -- the lack of reliability for europe to follow its own rules. >> but the opposition wants germany to take the lead. for instance, in regulating financial markets. >> if a country with more than a million people in europe, the strongest economy in europe, if such a country will not take responsibility for a courageous way for work -- who will? >> but so far, mattel -- merkel has stepped to hurt coarse. >> we will have more on the eurozone crisis later in the show. >> but first to this. be with you leaks -- the wikileaks leader julian assange has been fighting his extradition cases 2010. swedish prosecutors want to question him over allegations of rape and sexual a

attila merkel keeps saying we need to focus on really getting sustainable solutions -- angela merkel keeps saying we need to focus on really getting sustainable solutions, and we need joint responsibility before we can have job reliability. >> can we expect some kind of breakthrough tonight, or at least some type of compromise? >> the growth package that you have mentioned as well has been called something -- angela merkel tried to portray it as something of a breakthrough, which it is not. it is not a new idea. there will be 130 billion euros available to foster investment, but not all of it is fresh money. the question is where your voice to go, whether we want more fiscal integration or not. >> at the eurozone debt crisis summit, thank you so much. >> it has had an impact on the markets feared investor hopes were dashed today by different viewpoints expressed before the summit began. for more, let's turn to our correspondent, was sent us this report from the frankfurt stock exchange. >> the people here on the floor were not getting their hopes up, and that was true for equity mark

as germany's chancellor merkel seeks countries willing. pakistan is testing the u.s.'s patience as insurgents continue their cross-border attacks on u.s. troops in afghanistan. welcome to "bbc world news." i'm david eades. also coming up in the program -- the japanese tsunami made its presence felt in the united states more than a year after the disaster. >> hello. welcome and children, some of them burned to death, others shot or stamped, are among around 80 people killed in the latest massacre in syria. they are all believed to be civilians. the attack took place in the village of qubair in hama province. opposition activists say it's the work of pro-government militia together with syrian security forces. government officials insist armed terrorists, as they called them, carried out this latest brutality. u.n. observers who verified previous recent massacres, are once again in hama to assess the scene. tom esselmont has the latest. >> once again, hama is a focal point of this conflict. these are apparently the victims of what activists say were the killings carried

and they didn't welcome putting it all so so so the reaction was mixed but german chancellor angela merkel she pressed putin to allow democratic diversity ike want to develop in russia how serious is this issue on democracy in miracles policy towards putin had very difficult to understand. german see value oriented policy views every reality politic which is also always traditional in germany germany's eastern policy mrs america said. two or three weeks ago. that crane estate a ship she very much criticized which she also very much criticized the question. also as a dictator i think that in the past couple of days she understood that she controls the east. and while criticizing mary on the core rich for having you let emotions can present she had to balance somehow this kind of harsh criticism was more a real politic approach towards russia because the business in germany has very strong interests in the east and if merkel would concentrate only on the value or in the policy only criticizing russia for not being democratic then business would feel it on the russian markets and also the hum

stop merkel from what?help out frrks trying to help save you're rod some takes super powerful economy. yield 5.7% right now. we're also seeing selling in the spanish ten year, too. a little bit of buying in the ten year gilt. there might not be that much of a reason pot bank of england to be stepping in, increasing it stimulus program. the market is doing it on its own. ten year bund yielding 1.3% so coming back a stad in this morning's trade. >> these are your headlines. quit i markets fall. and charles he evans says more stimulus needed and reuters suggests spain may seek aid for its banks as soon as this weekend. >>> earlier will week, a russian hacker posted passwords of millions of linkedin's users. joining us from the ernst & young world entrepreneurship award is reed hoffman, co-founder and executive chairman at linkedin corp. he's been named entrepreneur of the year. reed, congratulations. it would seem this honor overshadowed by some of the difficulties at your company. were you not proactive enoug

back home, some say chancellor merkel had suffered a painful defeat. she said she had been able to make concessions because she had one tighter controls over the banks. >> when you have a meeting late into the night, there is a certain risk. we are under pressure from the financial market, and people find themselves in a very complicated situation, so we had a shared interest to find a solution. >> in germany, there were demands for chancellor merkel to explain what was described as a 180-degree u-turn. >> germany alone cannot pay for all the countries. we are not so strong. >> in some years, we all will regret what happens now, and then it will be too late. >> there was another clear message -- in order to save the currency, the euro is moving towards a much closer integration, economic unions, banking unions, political unions. >> summits have come and gone. this was the 19th, but power in europe has shifted. the germans are more isolated. italy and spain have found an ally in france. time has been bought, but a comprehensive solution to the debt cris

merkel wasn't willing to go that far. her taxpayers are getting very impatient with the idea that they keep paying the bills. so you have still got europe stuck in this mode of austerity. tough job to go to europe and look at this but somebody's got to do it. as one businessman i met with said, the problem is austerity is, it's austere. you aren't getting any growth. southern europe is in a full- blown reserks britain in a recession and the german economy is being pulled down. what does that mean? j.p. morgan says if the european commep slows down by a percentage point, ours slows down by half a percentage point. so we have ream skin in the game. they're going to have a summit meeting next week among these same leaders. this was a prep ratory meeting today. 9 hope is merkel will feel some of the pressure and loosen up a bit more. if you want a kind of american analogy for this, when we went through our financial crisis we sort of bit the bullet on tarp, the bailout of the banks. we mated -- hated it. it made for terrible

the need for growth. >> how difficult does that make it for merkel? how much leverage ultimately will she have? >> she has quite a bit of leverage as well. germany is one country that still has strength in growth. she's becoming more and more isolated. you can see that in the positioning and commentary and i think it really is going to make it very difficult for her to kind of stronghold something. there are certainly measures they can do. some will probably be too little. really, at the end of the day what you need to do is figure out how to create a physical transfer union whether by stealth or outwardly. i think probably is a stealth maneuver might be what ends up happening. but the problem that we see is likely you have to face a fairly serious crisis in order to sort of cause that kind of coordination. >> well, jpmorgan is saying they liken this to the meetings that took place in the late 1980s before '81 and it wasn't until 2001 we got the euro. the time frame here seems to be quite a bit longer than people had hoped or expected a couple of mont

merkel is a political animal. she understands that she needs to send francois hollande home with something as a newly elected president of france, we'll have a growth back. so there will be some gestures towards this mood for growth in contrast to austerity but it isn't going to be a german santa claus with a pot of money. >> wonder if there isn't a certain logic to what we've seen played out. the worst the crisis gets for portugal, spain, greece the more likely they may ultimately have to be simply out of desperation give up some sovereignty to get some help. so we're still one crisis away from getting to that point, we haven't reached that point where the leverage really makes it more appealing for some of these countries to give up sovereignty. do you expect worsening of the situation from here will push them into the arms of a fuller fiscal integration? >> it's certainly possible you may need a trigger in order to coerce countries into making those hard choices and a bank run could focus that. what we've seen

merkel and monti will be meeting in italy next monday.t appear to be liking the eu summit results so far but will the rally hold as we get into trading day on wall street. more on that and more from brussels next. what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. we provide the exact individualization that your body needs. wow, that feels really good! once you experience it, there's no going back. and don't miss our special financing now through july 4th only. plus enjoy the lowest prices of the season on selected bed sets only at the sleep number store, where queen mattresses start at just $699. >>> >>> okay. so rallying on the fact that esm will put money into the banks and buy debt in sovereign nations and there will be no down playing seniority when they put money into spanish banks. silvia is in brussels. how do we get from what's been announced toni of this stuff being implemented? >> reporter: we

merkel has decided to agree to this bailout firstly because she's getting more power to the e.u. in exchange and secondly because she sees that if she doesn't help italy and spain then the euro would collapse well there are certainly a lot of analysts that have been saying for months now misandrous in the eurozone is destined for collapse mr martin douras an m.e.p. member of the e.u. budget committee certainly a conversation that requires more time than we have available for us here are two today thank you for coming on the program and here thank you. all right well it's good to have you with us here on r.t. today the deadline set for julian assange to surrender to london police for extradition procedures has now passed the weekly's editor had warned that he would ignore the demand saying that asylum law both internationally and domestically takes precedence over extradition law artie's laura smith now joins us live from london good to see you laura so why do you take us through the story of us aren't being summoned to the police station and the consequences of his failure to do

merkel against the others. she has said she does not expect anything to come out of today's meeting. she has downplayed expectations for next week's meeting. the german line is that there has to be more integration, it has to be conditional, and there cannot be any short time relief. >> the bond markets are not happy. every day we get more evidence italy, the markets are really losing patience. is there not now in surmountable pressure on germany? there is enormous pressure on germany. in the coming days, germany will pour some water into the wind. it is political gain. in the end, i think she will be willing to put more german taxpayers' money on the table. it will be up to the other countries to deliver the reform and the austerity measures. >> we just saw some pictures of angela merkel. i wonder whether the dynamic in the eurozone has changed very much with the election of francois hollande. you look at these things very closely. do you think the hollande factor is a big one? >> it is. before, it was always

i want to start with what angela merkel said yesterday. she said the lowering expectations, talking about instant solutions going to happen. >> i was shocked to learn her position. , "over my deads body," she said. germany is also responsible for the mistakes made during the management of the euro zone crisis. spain and italy at and big european union countries in crisis. we have to decide long-term measures and medium-term measures. >> we can have a european treasury, but that is 10 years away, she says. >> a european treasury without to the euro existing, what sense does that makes? >> if you don't take urgent action now, in 10 years the euro will have disintegrated? >> if we are not able to decide measures right now which will help the italians and the spanish to fulfill their obligations, to be able to afford to their interest rates, we will fail. so this is really the signal we need from this council. behind this we need clear decisions that the europeans are together on taking responsibility for the countries in crisis. >> do you thi

>> i think angela merkel was secretly disappointed by the results in greece.ing party had won and rejected the bail-out greece could say well, we're done with you. go away now. now there will be a long contentious negotiation about renegotiating the terms that puts her on the hot seat. greek is in economic freefall, economic catastrophe. the gdp dropped 16% in last three years and scheduled to drop 7% this year. he cannot pay for what the terms of the bail-out. so instead what we'll do is keep the fuse burning. we're going to have mixed metaphors, kicking the can for a long time now. eventually, greece has to default and has to drop out of the euro zone. >> john: if this is a long sort of slow drip, drip, drip, what happens here to people's savings and their 401(k)? >> i think greek situation is the least of e.u. troubles. it's a relatively small economy. if they had the will, it could be sustained indefinitely on life support. the problem is spain. spain has now long-term interest rate are over 7%. at six, you are in the danger zone. when greece hits six, it

paris on the last leg of his european tour just a few hours ago in berlin putin german chancellor merkel vowed to prevent syria sliding into civil war. the un human rights council calls for an investigation into the massacre in the town of the syrian government claims armed gangs for wanting to trigger foreign intervention. at least six people were injured in northern kosovo as nato peacekeepers for gas and rubber bullets at protesters. around the clock around the world this is the with news and comment live from moscow financial recovery and the turmoil in syria the focus of the russian and french president's meeting now in paris that improved in his reach the last stop on his first european tour since returning to the top job last month. he vowed to do what he can to prevent syria from sliding into civil war and insisted russia is not taking sides. joins me live now from paris. france where. they meet for the first time as president what are we expecting to come out of their talks today. well we are expecting to talk on a lot of a range of issues many of them is similar to what i have

. >> angela merkel does not expect a deal this week as the haggling with the opposition continues, butis believed that bipartisan support will be reached before a major summit at the end of the month. >> during the european championships, there were more pleasant things for angela merkel to do that wrangle over the fiscal compact. markell insisted on a commitment from her european partners on stricter budget controls -- angela merkel insisted on a commitment. but now, she has to make sure the german parliament ratifies the plan. so she needs the support of the opposition and federal states. she is working hard to sell the idea. >> i want a europe where it is always the case that liabilities and control mechanisms are in one place. we cannot share the liabilities and leave controls that a national level. >> the fiscal compact is meant as a first step. the plan is to reduce deficits and produce a balanced budgets in the long term. failure to comply with the rules triggers an automatic procedure for imposing penalties. states also agreed to enter a debt free by national law. money from th

well my feeling is that mrs merkel will keep to a point and that she won't. give the german credit card if you allow me to put it that way to the other countries without having sufficient degree of control over what these other countries are doing in terms of expenditure economic policy in general now if the italian and spanish boring costs have again risen after merkel's tough comments against euro bonds and there's a view the germany may be doing it on purpose to keep the pressure on rome and majority what do you make of that well maybe not directly in terms of trying to making them out of the markets even more nervous but it's quite clear that one of the basic elements that is present in the german attitude is that they fear that if . the pressure on these countries to change their economic structure to rein in their government expenditures in all the other structural things they need to do if that pressure is lowered they won't do anything so it's a question about whether the glass is half full or of empty the germans are saying first we need firm commitm

leaders ultimately it's merkel who dictates what gets decided. it is perfectly clear that the brussels machine does dance to the german team and smaller countries are very frightened of going against really in the end what angela merkel says the focus always is on germany you know will merkel blink or not the argument that somebody should take charge is the argument david cameron keeps putting out it's the argument that says that all the member states of the eurozone should abolish their democracy is should have bullish their independence surrender their birth rights and give it all to a super bureaucrat you know herman van room poit or mr barroso or somebody as incompetent as that and some by some magic formula giving away control of everything to one person will solve everything look the eurozone is a fundamental misconstruction between economies that are so different and economic and monetary union between them was never going to work we will stagger all of this conference i think without much conclusion at all. after the e.u. summit in brusse

what did chancellor merkel have to do in berlin to get broad support for this? then the chancellor merkel had to throw two bones to the opposition to get their support. first, she agreed to push for a european financial transaction tax. at that does not work out, then with a coalition of the building with a minimum of nine members states supporting that. second thing she agreed to was a package of measures to promote growth and employment at european level. all of that was fine with the opposition, fine with the government. they are going to ratify this in parliament, but again, it all comes down to the question of whether the constitutional court will hold that up at a time when europe might need it badly. >> thank you very much. that meanwhile, the pressure to keep spain out of the euro crisis increased on thursday. the country's borrowing costs surged in a major debt auction. our correspondent has more on how the markets reacted in frankfurt. >> the news from spain dominated the mood at the financial markets. soaring borrowing costs are adding to spain presid

chancellor merkel . that's who counts. in machall and and so i can see work together now that i can no longer agree to increase the capital of the european vestment bank and that increasing capital can go to major infrastructure projects if you look at for example you know high speed rail connections in europe they don't exist in most. we did this better than say frankfurt so as not to be done let's use a real we this is again i think everybody would agree all these things have been but who can do it ok ok there's the european parliament which most people in the there are represented in the european parliament you do not know who represents them there ok i'm sorry it's not a real parliament yet it's got a long way to go we don't have a real we don't have a real president of the european union we have figureheads ok we did how do we get that how do we square the circle is there because a lot of people say there is a democratic deficit in. there let's not forget that the european union is a political union apart from that th

. >> chancellor merkel be feeling the heat. the pressure on the euro and the eurozone economy shows no signs of letting up. david cameron lent his voice to calls for action. meanwhile, the election of francois hollande has deprived merkel of a key ally in her drive for austerity. on thursday, she appeared to agree with cameron that year was already made up of two camps. >> i think those countries which have a common currency must intensify their cooperation, just as we're doing with the physical contact. just as we will have to do in future with more steps of that kind. always remembering the currency is a common bond. >> one of the -- we are one of the leading enthusiasts of the single market. but we have our own borders. we will keep our own borders. >> in other words, deepen the union within the eurozone while those outside maintain their own policies and borders. hardly what the founders of the european project had in mind. >> for more, we spoke to our political correspondent. he told us more about angela merkel's ideas. >>

summit and her twitter feed including jokes by the journalist after angle of merkel gave then to the man's of italy and spain at the e.u. summit a german reporter told tessa that his country had lost twice to italy last night of course he is referring to the european championships and a file where italy be germany to one securing a passage to the file with r.t. for our sports both and later today for all the details on the match. now the protests mood in egypt doesn't seem to be subsiding despite a long anticipated announcement of the presidential vote results last weekend people again plan to take to the iconic to her ear square this friday to demand a complete handover of power from the military to the country's newly elected leader but amid the neverending swarm of political demands the psychological stress ordinary egyptians are constantly under is often ignored as artists policy are now explores. the pain as war as it was the day it happened was just twenty one years old when he was killed near tahrir square the bullet that shattered his heart tore apart his family leaving his m

summit actually doing so twitter feed including some jokes by journalists after angola merkel gave into the demands of italy and spain at the e.u. summit and one german reporter told tatar that his country had lost twice it's only last night of course he was going to the european championship semifinal where italy beat germany two to one securing a passage to the final i do stay with r.t. for our sports bulletin later today all the details still to come on that big match . now julian assange says that he has no plans to hand him self over to police after being summoned for extradition procedures there was a blow is still holed up in ecuador's embassy in london waiting a decision on his request for political asylum from the capital's artie's laura smith. well the police have issued a statement saying that they have indeed requested the presence at belgravia police station this morning here in london of a forty year old man they won't specify who but we're all assuming that it is juvenile songs that he's supposed to present himself eleven thirty which is in about an hour and a half's time

the point is that of course the germans are going to part with their money without conditions mrs merkel has a very tough political scene or sell and if she were said to just give the spanish one hundred million euro the people in germany would think she lost her mind so they're going to be conditions of course the troika is going to look over spanish banks of course there's going to be conditionality at the e.u. level and the spanish and what's happening is you see the politics of this getting harder and harder mrs merkel needs that conditionality the spanish government can't hope to survive if there is that conditionality and people talking their way around the truth but the bond markets and the rest of us don't buy it for a second. the a german chancellor also said that creating growth and europe campian cheap are piling up yet more debt but how does that all sit with the spanish love doesn't it mean yet more debt for the country about how you look at it you know absolutely it's a shell game to fix and not what this will do is add nine to ten points of g.d.p. to spanish debt and media