that with our financial market correspondent paul chrystia blitzer joins us in frankfurt ad to peter klepper from the open europe think tank in brussels hello to both of you and i'd like to start with you peter open to europe of course is known to be let's say quite critical of the e.u. what do you make off today's the tone is the time to take perhaps a victory lap. i don't think this is a good decision weird way of defining competition i think as long as there's a possibility to enter the market even if there's only one player there's effective competition and indeed in the past the european commission has been complicating all their mergers like for example the woman telecoms between vodafone and mannesmann and only a few years later the same commission was complaining that there were no european champions in in telecom so this is a weird decision it's also strange that mrs vest dog is so keen to double down on controversial aspects of her job well sort of ignoring the core of her job which is to police state eight for example she allowed italy to bail out a bank that just passed just with

of the british overseas territory says the spanish ship sailed away after the confrontation of peter klepper is the head of the brussels office of open europe the joins us live now from brussels thanks very much for being with us so what do you think is going on here or what's what's the motivation is as well behind. it behind spain here and why this was why this action was taken by one of their warships. well a many people of course immediately think of all the briggs it and spain sort of trying to gain some leverage from this. like one can only wonder how that would work now that's kind of strange because the spanish have already gained a concession which is that they will have a veto over the future status off. drop which really is a fake concession because every european country really will have a veto over the future in you u.k. trade arrangement the real likelihood is that spain really is doing that because there will be elections in spain in about two months time and the current left wing government has been perceived as not being too patch retic because they have been too flexible an