>> now we are joined by our correspondent, to explain outcome of the finance ministers meeting, so reiko it's hard to count how many times politicians have met to discuss their credit crisis, so how is this finance ministers meeting any different? >> well, their job was to figure out how far they could go to implement the plan eu leaders came up with last month at a summit, and the biggest outcome of this meeting is the result you just mentioned, the multimillion euro bailout for spain's troubled financial sector, however the ministers didn't have enough time to reach an agreement on the greek government's request to ease austerity measures. they have tried to come to terms by september on possibly reducing the bite of spending cut requirements. the delay is blamed on the fact that greece's new government experienced a bumpy start. some cabinet members have resigned and substantial negotiations have barely started. the finance ministers also said that they would release a detailed plan at the beginning of september, for using euro fund to purchase government bonds. this measure is design

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institutional career several rachel trade groups have suspended the country however a new president heard of reiko franco says such moves did not trouble him power why is ready to go it alone his parish language channel talks of the deposed president lugo his first major interview since he was forced out later he says that people will not forget best sold on that of ocracy what i mean. part of the main thing is that nothing has happened according to the media at all is quiet there are no rallies no deaths no blood because i the president and the legitimately elected government don't want. therefore it's important for the media to reflect the truth of what's going on here now because a disruption of the democratic process from the people will forget the coup was in their minds their personal history and the history of civil society and they say if nothing has happened why has mergesort expelled if nothing's happened why has yunus or expelled us if nothing's happened and everything's all right why is the european union sending a commission to our country so it can't be so that nothing has happened a