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tv   [untitled]    December 7, 2011 7:30am-8:00am EST

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video. this is supporters and opponents of the winning. make their voices heard rallies in key cities three days after russia's parliamentary election the opposition has claimed there were irregularities in the voting process leading to clashes with police after the ruling party secured daily fifty percent of the ballots. meanwhile moscow has responded to washington so big criticism of the whole foreign
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minister sergei lavrov fifty's his counterpart hillary clinton of using have clout for about an easing of the receipt of school political points at home for the taking washington's grievances straight to the crown that. canada lost it to save the rear it was germany and for all to push for a change to the treaties it's sparking fears that brussels could strip away further the suffering of the state the system. now is europe's leaders are rolled up their sleeves are prepared to slug it out for the euros very survival is from a lawmaker in the blocks the chief german. schaefer now explains why piling new debt. with the european economy continuing to darken how real is the threat of the
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collapse of the euro zone to try to find an answer to this and some other questions now joined by and then we're off the german parliament from the free democratic party frank schaeffer of mrs shelfer thank you very much for joining me. first of all how would you agree that the efforts by merkel and sarkozy to save the eurozone and are heading in the right direction now i know it's a project that's been designed by those at the top of the european union needs the steps that would bolster the market economy and that would be adjusted so that it could fit into the market economy according to the rules of the market economy if you decide to take on the risks you have to bear the responsibility for these risks the projects that are enforced from the top will not be able to operate under such conditions such projects should work from the bottom up. bureaucrats and their allies in national governments want to see more fiscal control over
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national governments more control over their budgets also how much centralization and does the european union meeting your opinion the european union does not need more centralization excessive centralization has actually been the key problem and the reason that we are facing the current crisis the euro has been a project of the planning economy developed and enforced from the top the members that have become part of the eurozone project are very much different from one another and cannot provide a common homogenous currency space that's what has become so obvious under the present situation now they want to resolve the problem by introducing more centralization while centralization is the root cause of the problem the economy speaks for itself the capital flight is enormous and some analysts say that the situation resembles that in the us before. crash of brothers how real is the threat of a collapse of yours are. the threat of a complete collapse of the eurozone is a means that is used by the european states and the banks to blackmail european
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taxpayers if this pressure is not resisted then the so-called rescue umbrella will have to be extended over and over but every umbrella has its limits of course if greece had announced a default on its debts it would have also had negative consequences for the other european states but no country in the european union will be able to go on without tough reforms there must be pressure on the states to conduct these reforms but it can only be possible when risks and responsibility come together over the country's living beyond their means realize it and do something about it. ensuring. that those countries in a stronger economic position have to pay for the trouble was is this the correct price to solve the problem. no i don't consider this to be a reasonable way to solve the problem i'd like to emphasize once again risks and responsibilities should be indivisible and no additional loans or additional
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investments can solve the problem but it's not possible to repay old debts while making more new debts the crucial moment here is for every country to do their own homework in other words for every country to take full responsibility for its own economy it was captured in the agreement framework of both the european union and the eurozone but the currently pursued policy is such that it is at all with these agreements it destroys the european union it erodes its common values as well as destroying the common monetary and economic space this leads to the domino effect as we see more and more countries trying to hide from solving their own problems under the umbrella of bailout commissioners. why do you think it's fair to say that this euro bonds mechanism can actually create more financial problems for the healthiest european economies. yes these are dangerous measures and they're quite dangerous for stable economies as well and it's especially clear today if we
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consider the example of france which is paying off dangerously high interest on its national debt and runs the risk of losing its aaa status. is also facing the same prospect and if france were to lose its aaa status the entire bailout package for the euro zone would be placed at risk as it could become untenable it's a well known fact that the euro zone's bailout package or umbrella relies on the economies of six states finland the netherlands luxembourg austria germany and france and says austria and france's economies are no at risk we can say that the currently implemented measures really are not working. on the principle of mutual guarantees which can actually create a system similar to the one. when the global economic crisis actually started in two thousand and eight i think it's fair to say that putting off the crash of the
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system for all euro bonds and other financial stabilization mechanism can actually make the situation even worse in the end yeah yes that's exactly what i think all these bailout measures only add fuel to the flames and only make the situation in europe worse such countries as greece portugal and possibly even ireland will not be able to emerge victorious from the current crisis they won't be able to recover the only measure that canoe help is cutting heavily on state expenditure and other measures are only an attempt to delay the disaster with time whereas time is a luxury we don't have mr schaeffer you have proposed that feeling banks should not receive any go out at all what what could be the consequences of. the collapse of the euro zone one a look at the carving in general i think. it has its repercussions no doubt but let
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me say again that piling new debts on top of old ones will only make matters worse and ultimately lead to the euro zone's collapse i don't think the beer is only going to survive in its current form it will very likely have to change somehow if we look at the way the commies are currently developing we can see that they're going in a very different ways greece's economy is shrinking it has shrunk by five percent on the other hand germany and a number of the other countries are growing albeit at a slow rate this gap is only going to grow what we need now to mechanisms for quick and organized secession from the euro zone to enable countries like greece to pull out of the union sort out their economy and then your worst debts to cut government spending and improve their economic standing it's very hard for me to predict how the situation might develop even more so the consequences of those developments as i said i don't think the eurozone will collapse completely it's much more likely that we will see some of its members perhaps a large number of its members secede from the e.u.
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i cannot see you know secession is causing any repercussions on a global scale perhaps they'll put pressure on other countries with bad economies and force their governments to start reforms i think they're the problem we see in the euro zone one of excessive government debt has affected all of the world's economies today look at russia the u.s. japan and they're all worried about their colossal debt. what is your forecast for the italian crisis do you think that you know we should also consider moving back national currency i. do not think italy would pull out of the euro zone italy needs a fish and reforms to revitalize its economy and allow us to maintain a strong italian economy in the euro zone what the country needs most now is the trust of its own people over fifty percent of the bonds issued by. the italian government are in the hands of the people the government will have to prove to its people that its capable of playing it. and finally saving the european union has
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become some sort of. the european elite. yeah that's like i've already said saving the euro is a project imposed from the top down based on over rating the notion of european unity after all europe is not merely the seventeen states that formed the eurozone it's not even the twenty seven member states of the european union in fact europe comprises some fifteen nations and by the way that includes russia which is also part of europe with that in mind i believe it was the elites headquartered in brussels that promoted this project from the top aiming to drive europe into a new form of centralism and i think it's wrong in my mind europe's advantage is exactly it's inclusiveness and its diversity in forms of different cultures languages mentalities and the people it comprises and imposing uniformity and looks like a mistake to me this notion probably stems from the so-called brussels centralism
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mindset which has been put in practice by the french it's very dangerous and completely unnecessary. thank you very much for your time thank you. i. think you didn't help for many years in this system has faded away in less than twenty four hours as bella very scare pushes. we acted in a true russian style we didn't know exactly what the future would bring that would think about later three leaders come together and sign an agreement dissolving the u.s.s.r. for good or to get rid of the so called big brother there was always controlling them was the dream of many republics. but that in the eyes of the people they put it like this i will liberate you from the kremlin oppression no one wants to take
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the blame for you not be able to persuade gorbachev. and besides these words could not be relied upon. he could tell you anything and do something completely different i can't forgive myself for being too liberal and in the sand boris yeltsin or i should have that was my mistake. this is the decisive in strict boris yeltsin that sucks in the kremlin instead of good stuff about time. then i don't think we'd have left elevator forest soaries. two decades have passed but the discussion still rages was this applause for a fait accompli. the
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close of team has been on the black sea coast for future developments depends on the good way. to go area
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first place to many flights champions and the most ambitious. has ruined the lives of many innocent families across the region. where the oldest city in russia is for. more than five thousand years. to dagestan russia close. news today violence is once again flared up. and these are the images the world has
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been seeing from the streets of canada. trying to corporations to rule the day. supposes and opponents of the winning united russia policy make their voices heard in a rally using t.c.c. three days after russia's parliament tree election the opposition has claimed there were irregularities in the voting process to the prices will be off the ruling apologies secured nearly fifty percent of the ballots. meanwhile moscow has responded to washington severe criticism of the poll of foreign minister sergey lavrov accused his counterpart hillary clinton of missing a couple about a new singer from their recent new to school political points ahead stead of taking washington's grievances straight to the kremlin. and
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a last ditch attempt to save the hero's germany out of problems for a change to treaties is sparking fears that crosses could strip away further the sovereignty of member states. the next all that exists in the world of sport with capes. hello welcome to the latest sports update ahead of another big night of european football and here the top story is making history isn't it reached the knockout stages of the champions league for the first time in porto to work on this draw in cortical. while hitting back manager andre glasgow us says chelsea gave their critics a slap in the face by beating back n.t. a three nil to win group a in which the last sixteen. plus sound zero six has come oscar look to pull off an upset into milan to get their slim chances of
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qualification alive. and double trouble boxing brothers the tally downs but the area which could fight on the same night to tally targeting. the david haye. but first national champions and it's a petersburg have reached the champions league knockout stage for the first time after a goalless draw reporter was enough to send them through what are themselves needed to win to progress back to the st petersburg side defended solidly for vital points to finish second behind group she went to sao paulo despite bed to know the state shocked out of that water will not enter the new rugby league which they won last year and a coach which honors for letting said his side deserved to reach the last sixteen. of them. i think we could have done better but i also think that what happened was the outcome of the whole part of the way we've played in the group stage and for all but it's fair that we've managed to go through. you know it's going to be as if
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we're sad because we wanted to go through in the champions league it was not possible now we have to look at euro believe there's an important objective therefore we're going to keep on working and try to do our best to be the league we're champions of the current holders of the title and we want to defend the title which we call. she's broke with our own name on the pressure chelsea manager and david ashcroft says the bruce case that critics say stuck in the face and up his side went from the brink of elimination the full cost to try things to another time to balance here to reach the knockout stage as group b. awareness did a drugs that brace and were near a strike ensured the blues finish above. the true one one at getting exit at the group stage would have been chelsea's first under an hour long which of course says his side showed what victory meant to that. series. it's. really only going to be because if you don't they're going to be there. for you and
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you would be very pretty much if you marry x. and. we know that you don't go you. are going to see you through the going to. be. criticism. this is. just a great. there's plenty of drama in group f. must say grabbed a last minute when i had to come from two goals down and win three two it dalton's to get through to the last sixteen along with already qualified also in the last three one of them in p.r. the great champions the second for the you very quickly. while the defending champions in group h. winners barcelona thrashed by the self four nil at the new county despite resting key players ahead of saturday's el classico at round madrid and ac milan already threw in second place let a two goal stick in the final minutes into order to have checks on the twentieth of january to get into the europa league. on the draw for the last sixteen while we
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wait on friday december the sixth a it's a must go hope to be it is only have a slim chance the moscow side has been training at the sound zero where they have to be in service wednesday and that have neil and trap. draw in the other games include the tesco are currently bottom but if everything goes their way they would finish second behind into who already qualified as a tesco coach then it certainly isn't pretending it's going to be easy. to do with the folks fortunes fortunately we don't know the line up of printer they have a large number of great players it's difficult for us to plan for a match like these but we have prepare something called try to do our best. so this is how it's a test as group group b. it is pretty tight with tesco and the straps on stuart all chasing that second spot for a place in the knockout stage so winning at the sounds there is imperative for to sca and they are somewhat boosted by the news that into it will be without midfield
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that day and stunk of it the former serbia star picking up on the line of fire injury during the morning training however into his domestic form would also favor the muscovite side italian giants are languishing sixteen to place in syria for the last three of the last four home games in the champions league. baltasound the only side were lying on other teams much to city's champions league prospects are hanging by a thread very lying on some extremely favorable results to see them through the play side must win at home to group a win is by munich well also hoping rock bottom gear i out at least hold second place not only to a draw city cocksure about the one cheney says he's prepared whatever the outcome. we should do that thing called it about that. we need to be. grave don't feel that would be easy. but yeah our job after him for. years before i saw ok it's not going wrong but again we take you know
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a party that we can do nothing in this moment while in group c. second place manchester united have their fate in their own hands but they must get at least a point it's was signed by all who them. selves would go through to the last sixteen if they were to eat so alex ferguson's side last time united failed to make the knockout stages back in two thousand and six but ferguson denies it's been a bad campaign so far and says their three three draw with barlett old trafford earlier in the year so only slip up. always where you. are suffering from it because for most in the game against basel doing so in that you can really. sizes that we want because for the majority you discovered by the printer and then you can. vary what came home game in future and elsewhere rail madrid coach jones i'm very near will be fielding mainly reserves but their final
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group game is i x. having one group d. by a landslide a spanish league leaders go to the dutch giants who can afford to lose and stood dance into the knockout stage as their place would need an enormous victory over zagreb she snatched the second qualifying place. now boxing world heavyweight champion of the americas go will reshape jewel his counsel fight against john mark moment for the next march and it could also see his brother the tali fight david haye on the same card the moment fight was due to take place this weekend but was called off after a bloody may have had a kidney stone removed however his brother vitali and that's the fact that take place on march the third and also claims he could fight which are strong on the same evening earlier this year hey lost his w.b. a belt to vladimir who also holds the w.b. and i.d.f. titles and italy who's the w.b.c. champion says he'd love to have the chance to knock out the london. after his fight against flood him or i was hopin disappointed as well i was glad that my brother
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won the fight against do hate into their last remaining heavyweight championship belt that was not included cause brother school action i was disappointed just because of the little nuance that allowed him or couldn't buy it should be struck or i mean to win by knockout it's only aim i have to fight with david haye. and finally a forum has been held in moscow to increase cooperation between the olympic cities of london and such a respective host of next summer's next summer and winter games and as richard reports both parties are looking to learn from each other. the limbic system most watched sporting events in the world billions world wide are expected to watch the london games which got in the way in this for nine months time. however getting ready to host the globe's biggest sporting extract ganza is understandably no easy task and that's why london sought she and looking to learn from each of his
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successes and mistakes in london his preparation for the games have been exemplary the way they set out their blueprint in their bid and then carried out that blueprint sochi have already been following that and have learnt a lot from how london has been preparing think the way london is trying to be a sustainable green games has been very successful and sochi again have tried to not only follow but even exceed those standards the meeting was held at the british embassy in moscow where members of the organizational committees and business communities from both cities got together to exchange ideas however to join tips who's helped to organize almost a dozen lympics the key is finding a good leader so one of the great things about sochi twenty fourteen that they've learnt from london is the importance of having very strong leadership a good visionary leader and in dmitri chernyshenko that's exactly what they've got he's leading an incredibly strong and passionate team who work incredibly long
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hours and it's the same as london with lord coe and i think this this it it's very important for the world and even pick movement to see the whole progress being driven by an inspirational leader and i think they have that in dmitri chernyshenko cities had to build a number of new venues for the games in london had the advantage of having a world class transport system ready and place the same could be said of cinci where everything is having to be built from scratch i think the games are a catalyst for incredible change both infrastructure and social change and economic change in the region i think the russian government working to develop the region anyway but even pick games provide that impetus they provide that catalyst for change which enables everyone to focus both in russia and outside russia focus on the region and now today sochi is truly on. because of the them pick games she has just over two years to prepare for the two thousand and fourteen winter games london's time in the spotlight is just nine months away. of already learned heavily
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from parceling picks up the next two games hosts are continuing to compare notes to ensure they can produce two memorable sporting festivals which of ample free to artsy moscow. please join me in just a little. while . technology innovation all the developments around russia we've got the future covered.
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