europe cannot be successful i also believe that you cannot be successful without europe penchant for political integration and the understanding that the euro and europe have become intricately connected is more than shared at the moment merkel has time and again driven that point home saying if the hero fails the hero both fail and that argument could hardly be more cogent at a time when the crisis not only threatens to wreak havoc on the european economy but also in danger it's the it of course ability but while all the parties concerned seem to acknowledge the need for a concerted approach and practice the will to make this happen is still lacking and with a series of departures and governments across the e.u. the current structure of european institutions seems to be slowly losing relevance ultimately this comes at the expense of domestic politics where it is the extreme right that has been gaining momentum as a backlash against the eurozone so really not just the economy but also domestic politics that is a stake here well take a look about the future of the political union if i

with this a huge debt crisis mr sarkozy says no euro no europe surely europe worth of oil without the euro so that there's a lot of former literature quote my successor in office next to yours of course europe's going to have problems if the euro has problems but there's one thing you can be sure of the euro is going to survive as a common currency even it theoretically things turn out differently which i find very improbable we will still have a united europe it is i don't know or probably you would child slow when greece cooked its books to join the euro should you have stopped athens for joining with her company. on the. i do not think that was our situation the european commission its employees that had to conduct an inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves but it was a purely preparatory mission conducted by the european commission not the national governments we had made the decision to take greece in we did not claim without having firm proof that the information we got then was diplomatically speaking not e

with this crisis mr sarkozy says no euro no europe surely europe worth of oil without the euro so and there's i know i know for all that is a quote my successor in office next to yours of course europe's going to have problems if the euro has problems but there's one thing you can be sure of the euro is going to survive as a common currency even it theoretically things turn out differently which i find very improbable you think we will still have a united europe with vijay and or prague you would chance look when greece cooked its books to join the euro should you have stopped athens from joining the single currency club in it. on the record your own via i do not think that was our situation the european commission its employees that had to conduct inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves but it was a purely preparatory mission conducted by the european commission not the national governments we had made the decision to take greece in we could not claim without having firm proof that the information we don't then w

are the implications of that for gas prom and europe. regulator reprovision is not the issue but the e.u. germany and the rest of the nations need gas to sensibly reform their energy policy and russia on the other hand has to sell gas to keep its budget in order so there's a codependency which is a good thing now to be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for picture what do you think of the recent new raids on gazprom and its partners in europe think about the or guys i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of these you know better than anyone else for instance that britain recently switched from export to india old europe needs a gas supply to maintain a stable mix of energy sources but it's climatic conditions require and it needs no way to get outside but also russia's gas and therefore i think opening the m

affair with this crisis mr sarkozy says no euro no europe surely europe worth of oil without the euro zone. and a former and this is a quote from my successor in office weeks ago of course europe's going to have problems if the euro has problems but there's one thing you can be sure of and if the euro is going to survive as a common currency there even if erotically things turn out differently which would for a very important do you think we will still have a united europe it is right in or program you would childs a lot when greece cooked its books to join the euro should you have stopped the things from joining the single currency. on the drugs your i do not think that was our situation of the european commission its employees that had to conduct inspections and they had let us know that we could take the responsibility for greece's intercession on ourselves yes and it was a purely preparatory mission conducted by the european commission and the national governments if we had made the decision to take greece in we cannot claim without having a firm proof that the information we got

with this new debt crisis mr sarkozy says no hero no europe surely europe will survive without the euro so it does and i know formerly this is a quote my successor in office likes to work of course europe's going to have problems if the euro has problems but there's one thing you can be sure of and if the euro is going to survive as a common currency even it theoretically things turn out differently which i find very approachable you think we will still have a united europe it is friday and or you would chancellor when greece cooked its books to join the euro should you have stopped athens from joining the single currency. on those it towards your invite i do not think that was our situation of the european commission its employees that had to conduct inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves and it was a purely preparatory mission conducted by the european commission and the national governments if we had made the decision to take greece in we could not claim without having the firm proof that the information we got

i started putting the wheels in motion moscow russia is in a new era of energy security for western europe as the landmark north spring pipeline begins pumping russian gas straight to germany and beyond. the new supply route energy roles the transit countries which attributes of left european consumers of russian gas out in the cold will have the details in just a few moments also russia issues israel with a stern warning not to take military action against a rat as the u.n. atomic clock stopped opposed to release a report about where his nuclear activities moscow says it considers the publication of the findings inappropriate. and the italian prime minister is under heavy pressure to resign after losing his majority support in parliament despite winning a crucial budget vote as the country moves closer to the every century of the european debt crisis. and also there is a number of benefits to russia's w.c.l. accession i know you are in business in twenty minutes. hello ten pm choose tonight here in moscow you're watching r t with me kevin now in and first in a story day for western europe

are the implications of that for gas prom and europe. regulator reprovision is not the issue that the e.u. germany and the rest of the nations need gas to sensibly reform their energy policy and russia on the other hand has to sell gas to keep its budget in order so there's a codependency which is a good thing i would be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for marc rich or what do you think of the recent new raids on gazprom and its partners in europe think about the or p.r. guy. i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of the you know better than anyone else for instance that written recently switched from export to india old europe needs a gas supply to maintain a stable mix of energy sources but it's climatic conditions require it needs norway to get outside but also russia's gas and therefore i think opening

europe cannot be successful document i also believe that germany could not be successful in the old europe the penchant for political integration and the understanding that the hero and europe have become intricately connected is more than shared at the moment merkel has time and again driven that point home saying if the hero fails europe will fail and that argument could hardly be more cogent at a time when the crisis not only threatens to wreak havoc on the european economy but also in danger its political stability or while all the parties concerned seem to acknowledge the need for a concerted approach and practice the will to make this happen is still lacking and with a series of departures and governments across the e.u. the current structure of europeans attention seems to be slowly losing relevance but ultimately this comes at the expense of domestic politics where does the extreme right wing has been gaining momentum as a backlash against the euro zone's failure so really not just the economy but also domestic politics that is at stake here well take a look about the future of the

with this crisis mr sarkozy says no euro no europe surely europe will survive without the euro so and. i know for more this is a quote from my successor in office who actually works of course europe's going to have problems if the euro has dropped. well there's one thing you can be sure of i think the euro is going to survive as a common currency vip even it theoretically things turn out differently which would put a very appropriate we will still have a united europe it is five billion or program you would chancellor when greece cooked its books to join the euro should you have stopped athens for dragging the single currency club in if there's just a month of the growth you're in via i do not think that was our situation of the european commission its employees that had to conduct inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves and it was a purely preparatory mission conducted by the european commission the national governments of we had made a decision to take greece in you cannot claim without having firm proof that th

europe cannot be successful i also believe that germany cannot be successful in the old europe penchant for political integration and the understanding that the euro and europe have become intricately connected is more than shared at the moment merkel has time and again driven that point home saying if the hero fails europe will fail and that argument could hardly be more cogent at a time of a crisis not only threatens to wreak havoc on the european economy but also in danger its political stability but while all the parties concerned seem to acknowledge the need for a concerted approach and practice the will to make this happen is still lacking and with a series of departures and governments across the e.u. the current structure of europeans decisions seems to be slowly losing relevance ultimately this comes at the expense of domestic politics where it is the extreme right there has been gaining momentum as a backlash against the euro zone's so really not just the economy but also domestic politics that is at stake here both take a look at the future of the political union if i go to v

of that for gazprom and europe. regulator evolution is not the issue which germany and the rest of the e.u. nations need gas to sensibly reform their energy policy will russia on the other hand has to sell gas to keep its budget in order so there's a. co-dependency which is a good thing i would be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy that isn't good for the marc rich what do you think of the recent raids on gazprom and its partners in europe if you think about the or p.r. guys i think europeans need gas field as has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is what would be you know better than anyone else for instance the bit written recently switched from export to imperial europe needs a gas supply to maintain a stable mix of energy sources and it's climatic conditions require him to get it needs norway to go outside but also russia's gas

with this debt crisis mr sarkozy says no hero no europe surely europe will survive without the euro so on that. and a former english is a quote my successor in office like the works of course europe is going to have problems if the euro has problems but there's one thing you can be sure of at the end of the euro is going to survive as a common currency there even it theoretically things turn out differently which i find very important you think we will still have a united europe it is vital in all pugging you would chancellor when greece cooked its books to join the euro should you have stopped athens from joining the single currency. on those it towards your invalid i do not think that was our situation of the european commission its employees that had to conduct an inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves and it was a purely preparatory mission conducted by the european commission and the national governments if we had made the decision to take greece in we could not claim without having the firm proof that the in

with this crisis mr sarkozy says no euro no europe surely europe worth of oil without the euro so and that's i know i know from our listeners a quote from a successor in office likes to go to of course europe is going to have problems if the euro has problems but there's one thing you can be sure of and if the euro is going to survive as a common currency then even it theoretically things turn out differently which i find very improbable you think we will still have a united europe which is very plain or programmable you would chance a lot when greece cooked its books to join the euro should you have stopped pathans from joining the single currency robin if there's on the is it worth your while i do not think that was our situation of the european commission its employees that had to conduct the inspections they had let us know that we could take the responsibility for greece's e.u. a session on ourselves and it was a purely preparatory mission conducted by the european commission and the national governments if we had made the decision to take in we could not claim without having fir

europe and. russia generally kill you measure just to just know that russia set to become a long term provide the two western europe how does the russian and european energy polish it likely to develop over the next few years i would like to see war stuff like this. i think we will see more start right now so no as you said in your your introduction the second parallel nordstrom pipeline is to come into operation within the next twelve months there's already talk of a third parallel type i'm going to also it may well depend on. you know how demand for gas in germany and other parts of northern europe time of course what gas promise looking beyond. north stream east isa similar route around ukraine to the south sea an interlude into the balkan countries a project but it's. very substantial european partners and clearly would like to see us this sort of two pronged approach to reducing it and so you can ultimately ending its dependence on transit countries kiraly very good of a live program senior

peace allies in europe. when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implication i think it doesn't have a dollar you don't think we should feel bad about other nations getting stronger be they russians chinese brazilians south africans or indians are american should not concern us because these countries offer us more opportunities to export our products as they develop a big. but that's only the case if we stay debt and stay more innovative when we fulfill our agenda of twenty canada and sort out our social policies and germany is the only country that understood back in two thousand and three different aging country to maintain prosperity it must provide for change i think about i wonder if the rest of the e.u. states i mean understood this a decade later i'll manage to take the action needed to maintain prosperity i on the other hand we h

with this debt crisis mr sarkozy says no hero no europe surely europe will survive without the euro so on that. i know former english is a quote my successor in office like to of course europe's going to have problems if the euro has problems but there's one thing you can be sure of at the end of the euro is going to survive as a common currency there even it theoretically things turn out differently which i find very improper of you think we will still have a united europe it is vital in or plug you would chancellor when greece cooked its books to join the euro should you have stopped athens from joining the single currency. on those it towards your invalid i do not think that was our situation of the european commission its employees that had to conduct inspections they had letters know that we could take the responsibility for greece's e.u. a session on ourselves and it was a purely preparatory mission conducted by the european commission and the national governments if we had made the decision to take greece in we could not claim without having the firm proof that the information w

are the implications of that for gas prom and europe. regulator a position is not the issue but the e.u. germany and the rest of the e.u. nations need gas to sensibly reform that energy policy russia on the other hand has to sell gas to keep its budget in order so there's a codependency which is a good thing i would be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for marc rich or what do you think of the recent new raids on gazprom and its partners in europe think of the or gas i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of these you know better than anyone else for instance that britain recently switched from export to impune old europe needs a gas supply to maintain a stable mix of energy sources that it's climatic conditions require and it needs no way to get outside but also russia's gas and therefore i think opening th

of that for gas problem and europe. regulator information is not the issue the e.u. germany and the rest of the nations need gas to sensibly reform their energy policy with russia on the other hand has to sell gas to keep its budget in order so there's a codependency which is a good thing now to be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy that is good for the marketer what do you think of the recent new raids on gazprom and its partners in europe they think about the or gas i think europeans need gas field gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of you you know better than anyone else for instance the britain recently switched from export to in your old europe need to gas supply to maintain a stable mix of energy sources but it's climatic conditions require them to get in needs norway's currents are also russia's gas and therefore i

peace allies in europe. when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implications because think it doesn't look good i do not think we should feel bad about other nations getting stronger be they russians chinese brazilians south africans or indians it should not concern us because these countries offer us more opportunity to export our products as they develop a vehicle. but that's only the case if we stay better and stay more innovative when we fulfill our agenda of twenty china and sort out our social policies and germany is the only country that understood to be back in two thousand and three that for an aging country to maintain prosperity as it must provide for change i think of our i wonder if the rest of the evening states and i understood this a decade later i will manage to take the action needed to maintain prosperity eyes on the o

are the implications of that for gazprom and europe. regulator evolution is not the issue but actually you are not germany and the rest of us need gas to sensibly reform that and in a deeply russia on the other hand has to sell gas to keep its budget in wood or slow and so there's a. coding and getting a culture is a good thing of how to be happy to see european companies invest into russia and european markets open up there was an company that is a good free market economy does as good for them are better what do you think of the recent raids on gazprom and its partners in europe they think about just the overpay i gasped i think europeans need gas to feel less as many years it's a dog with a political uncertainty in north africa also good to have a stable partner that you could rely on for a russia is one of this you know better than anyone else for a space that had written recently switched from export to europe part of europe will need to gas supply to maintain a stable mix of energy sources and that it's climatic conditions with mo

are the implications of that for gas problem and europe as. regulator repetition is not the issue. and the rest of the nations need gas to sensibly reform that and. russia on the other hand has to sell gas to keep its budget and so there's a. culture is a good thing for jay how to be happy to see european companies invest into russia and european markets open up there wasn't a company that it's a good free market economy does is good for the market truck what do you think of the recent you raids on gazprom and its partners in europe think about just the all appear gasp i think europeans need gas to feel as has many years is a dog with a political uncertainty in north africa also good to have a stable partner that you can rely on for a russia is what we did you know better than anyone else secret place that had written recently from export to your old partner how europe will need to gas supply to maintain a stable mix of energy sources and that it's climatic conditions for the northam and to get any norway's united size but also russia's bigges

europe is less competitive. >> that's the problem for europe right now. i'm going to get hate mail for saying this, europeans are lazy and asians are eating their lunch. >> i would like to push back against stephen's analysis. germany which has very generous entitlement perhaps is incredibly productive, a much more successful exporter than the u.s. actually much more successful export economy than china. sweden, another country with very generous entitlements is not suffering a crisis. the countries in europe which have slashed their government spending, drastically, countries like ireland, actually have not have the markets say hurrah -- hang on, final point -- the real european crisis is not at the moment a structural one. it is that countries are issuing debt in a currency they don't control. if you control the printing press. >> i don't agree with that. >> you're never going to have a sovereign debt crisis. >> it's the fact they can't control their spending and there's no hope of controlling their spending. >> i think there's a lot of similarity betwe

inside europe. we see a very concerned that if you share with us you know that you were speaking about russian partners and what's the result will join me for a new alliance this country is not so good but still gives you the future if you are we see that now the main driver of show us production europe was all about who was. always goes through it all and if we tried to analyze the real situation we still goes of course we still could use these two conferences speeches presentations but no business at last it was rated so you can compare notes through his show his production in europe are you in this thread a good thing with a reality show you this is true a dream. that's home look at the markets stocks across europe have rebounded as investors away to vote in each elizabeth that will show whether the country's prime minister still has a majority in germany the country's exports rose for a second month in september helping europe's largest economy whether the sovereign debt crisis the tax is more t

europe has no such alternative to europe's geopolitical position. just to enter a tight partnership with russia and at the same time grant you a session a turkey or that would be a sound strategy into the future the rest. of the russian president has warned that militarists rhetoric in the middle east and an attack on iran it could lead to a catastrophic war in the region of statements came during the joint press conference with his german counterpart russia has been voicing a strong words against an attack on iran following statements by israel that a strike is more likely than diplomacy or the u.n. atomic watchdog is about to report on iran's nuclear activities and provide evidence that tehran has built a testing facility and computer models of warheads iran has dismissed all allegations calling that were fabricated foreign affairs analyst richard says the i.a.e.a. report is designed to put pressure on iran in order to employ sanctions against it . first of all we have to be clear that there is a lot of obfuscation and speculation that the content

and europe i hope russia never has to make a good. government is evidently pro european or europe or cannot keep pushing russia or way it hurts russians pride or is it if you we have to keep in mind or world russia has the alternative leadership in egypt or europe has no such alternative to europe's geo political position will only be approved or if it manages to enter a time to plant a ship with russia and at the same time grant session a turkey or that would be a sound strategy again or into the future by us the rest of us in the world to be legal name. the russian president's warns that militarist rhetoric in the middle east and an attack on iran could lead to a catastrophic war in the region to make a very valid statement came during the joint press conference with his german counterpart russia's been voicing strong words against any possible attack on iran following statements by israel that a strike is more likely than diplomacy they want to tie watchdog times about a report on iran's nuclear activities and provide evidence that

peace allies in europe. and when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implications if think it doesn't have a dollar do not think we should feel bad about other nations get out stronger be they russians chinese brazilians south africans all indians are no it should not concern us because these countries offer us more opportunity to export our products as they develop a vehicle. but that's only the case if we stay better stay more innovative when we fulfill our agenda of twenty eight and up and sort out our social policies in germany is the only country that understood back in two thousand and three that for an aging country to maintain prosperity as it must provide for change i think i wonder if the rest of the e.u. states having understood this a decade later we'll manage to take the action needed to maintain prosperity eyes on the other

james"-- is europe's ultimate pilgrimage route. since the middle ages, pilgrims have walked hundreds of miles across north spain to pay homage to the remains of st. james in the city named for him, santiago de compostela. and in our generation the route has been rediscovered, and more and more pilgrims are traveling this ancient pathway. in this episode we'll enjoy a raucous festival, survive a stampede, witness drama in the arena, join pilgrims as they trek across spain, ponder magnificent romanesque art, attend a swingin' mass, and share in the jubilation of a pilgrimage completed. during medieval times spain became an important pilgrimage destination. pilgrims from all over europe journeyed to santiago de compostela in the northwest of spain. we'll join the main route, starting in the pyrenees at st. jean pied-de-port, stopping in pamplona, burgos, leon, and on through the region of galicia to santiago. while dedicating a month of your life to walk the camino may be admirable, it doesn't work for everyone. but any traveler can u

inside the europe. we see a very concern there to add you to shell gas. you know you were speaking about russian. for example germany france the new alliance this country. is the future if you will always see that now the main driver of shale gas production in europe was all about who was. always in those three ball and you food tried to analyze the real situation the sale goes of course we still have could we see conference suspicious presentations but no business. so you can compare notes through the show goes production in europe with you on the north rim is a reality show you says to a dream. let's take a look at the markets well it's trading near the highest level in three months lights we're just currently at around ninety six dollars a barrel while brant is a one hundred fifteen dollars. and you're at stocks are higher but they quickly slipped into read off the high in the early traders italian prime minister won a budget vote without an absolute majority and the european central bank council member said the e.c.b. cond bailout governments by print

peace allies in europe. and when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implications if think it doesn't make you not think we should feel bad about other nations getting stronger be they russians chinese brazilians south africans or indians are it should not concern us because these countries offer us more opportunity to export our products as they develop. but that's only the case if we stay better stay more innovative when we fulfill our agenda of twenty and sort out our social policies in germany is the only country that understood back in two thousand and three that for an aging country to maintain prosperity as it must provide for chang. i wonder if the rest of the e.u. states having understood this a decade later we'll manage to take the action needed to maintain prosperity eyes on the other hand we have an understanding that an aging

are the implications of that for gazprom and europe. regulator reprovision is not the issue that the e.u. germany and the rest of the e.u. nations need gas to sensibly reform their energy policy with russia on the other hand has to sell gas to keep its budget in order so there's a codependency which is a good thing i would be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for truck what do you think of the recent new raids on gazprom and its partners in europe think about the or gas i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of these you know better than anyone else for instance that britain recently switched from export to india old europe needs a gas supply to maintain a stable mix of energy sources that it's climatic conditions require and it needs norway's gas price but also russia's gas and therefore i think opening th

from europe into the u.k. and the other way around we have a very viable industry here we've got we've got a fantastic car industry and if the torch light source through the roof people refuse switching straight out a mercedes benz b.m.w. or whatever i'm buying jagger's discoveries range rovers in the sand you name it toyotas made in barbet so i think who says that this is. it's a sort of rather pathetic threat the truth of scripture manufactured by a combination of the liberal party and the people you see on the grounds that neither of those two groups have any experience of the real world the bail out this has been a green with the extra firepower and the banks agreeing to half greece's debt is this really the shot that he needs or is it just another band-aid that's about it. that's a band-aid because the real numbers srini crudely and maybe for krynn and secondly the markets are looking for detail and there is no detail that never has been any detail there was no detail than july there was no detail last ye

when europe sneezes, the u.s. can catch cold so you're seethe whole risk-off disprad that impacts the capital markets, the stock market, the pace of investment by corporations and consumers, so you really have a loss of confidence, a domino effect glowm contend that the financial crisis hasn't changed a thing. we did see a financial firm go bust in recent weeks, m.f. glocialg eighth largest bankruptcy in u.s. history. the market absorbed it. hasn't the market gotten used to this risk? >> you're right, m.f. global, taxpayer money wasn't used. failure is part of capitalism. that part is fine. but just like i read about-- write about in "exile on"" you can considerv many eyes on the market providing checks and boston polices on the system and a lot ofize the market didn't do the job just like they didn't do the job over the last decade, whether accountantes, regulating agencies and others. i would like markets to do their jobs, and markets still aren't doing their jobs. the conclusion of m.f. global and the conclusio

will turn europe into a europe in asian african formation that it would mean the end of europe and it would mean an end to the european idea of peace and social ideals. for all sorts i predict that the president of france has the muslim phrase fill the burka with you become president of austria would you go further with. those as i would strongly support a ban of disguising a person's appearance but that i first of all mean the full covering up of a face it's not about certain people but about the fact that people should not hide their face and that you could see and recognize everyone in our society and i also would like to explain a legislation like this one in effect until as so many years to be precise in public schools in public universities in civil service in other words for the officials there is a law prohibiting wearing the headscarf because it's not needed in such places and everyone is free to do whatever one wants in their own leisure time but people arriving to our culture have to integrate adapt to our conditions and observe our laws and we expect it from the people who

peace allies in europe. when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implications if think it doesn't do not think we should feel bad about other nations get out stronger be they russians chinese brazilians south africans or indians are no it should not concern us because these countries offer us more opportunity to export our products as they develop a vague. but that's only the case if we stay better stay more innovative when we fulfill our agenda of twenty china and sort out our social policies and germany is the only country that understood back in two thousand and three that for an aging country to maintain prosperity as it must provide for chain of thinking i wonder if the rest of the e.u. states having understood this a decade later we'll manage to take the action needed to maintain prosperity eyes on the other hand we have an understa

peace allies in europe. and when you serve the german chancellor there was no question of receiving financial aid from china or russia directly or indirectly through the i.m.f. do you regret that's happening potentially and what would be the implications if think it doesn't have a dollar do not think we should feel bad about other nations get out stronger be they russians chinese brazilians south africans all indians are it should not concern us because these countries offer us more opportunity to export our products as they develop a victim. but that's only the case if we stay better stay more innovative when we fulfill our agenda of twenty eight and up and sort out our social policies and germany is the only country that understood back in two thousand and three that for an aging country to maintain prosperity as it must provide for chain of i think it i wonder if the rest of the e.u. states having understood this a decade later we'll manage to take the action needed to maintain prosperity eyes on the othe

europe has no such alternative to europe's geopolitical position. just to enter a tight partnership with russia and at the same time grant you a session. or that would be a sound strategy again or into the future the rest of. the russian president has warned militarist rhetoric in the middle east as an attack on iran it could lead to a catastrophic war in the region of statements came during the joint press conference with his german counterpart russia has been voicing strong words against an attack on iran following statements by israel that a strike is more likely than diplomacy atomic watchdog is about to report on iran's nuclear activities and provide evidence that iran has built a testing facility and computer models of warheads iran has dismissed all allegations calling them a fabricated foreign affairs analyst says the i.a.e.a. report is designed to put pressure on iran in order to sanctions against it. first of all we have to be clear. and speculation that the content. of this new. media is really. really. nice. and i think. that will prove.

i mean inside the europe. we see a very conservative add you shall guess you know that you were speaking about russian bottles in your studio for example joram only for new ones this ground is not single but still gives you the future ready to if you are we see that no the show us production in europe was poor but what was. always goes to you all and you for try to analyze the real situation the sale goes of course we see a lot of good decision conferences specious presentations but no business was really through so you can come through and show his production in europe or you will understand good northam is a reality show uses to a dream. let's take a look at the markets well it's trading near the highest level in three months lights which is currently at around six dollars a barrel while branches of one hundred fifteen dollars. and u.s. stocks are higher but they quickly slipped into red after the high in the early trades italian prime minister won a budget vote without an absolute majority and the european

confident in the future of europe yes i am confident i mean europe europe is very strong very big markets in europe we're talking about five hundred million people there is a strong degree of cohesion across the twenty seven member states of the of the european union. there are there are measures that have to be taken there are decisions that have to be made there are reforms that are have to be pursued collectively in the european union and in individual member states as far as our lives is concerned we are taking those reform measures we are pressing ahead with the things that need to be done we are convinced we will be the first european country that will come out of this recession come out of the programs that we are in with the i.m.f. and the state and the e.c.b. and as an individual country and europe as a whole will come out of this period. as i read the economic reports give the impression that you're oh this isn't have another choice has to compete with the dollar i mean they they have to challenge the dollar and this is the problem this is the need this is what causes the proble

europe's not. europe is close to flat right now. that means that it can be tipped into a recession. what happens if you're in a recession? people lose jobs and they don't buy things. some things europeans spend money on are made or produced or services offered by americans. when you walk around new york, even atlanta, you'll run into a lot of europeans. when they're in a recession, they won't travel as much and buy as much stuff and that affects jobs in the united states. look at how these markets are going up and down day after day based on what is going on in europe. what goes on in europe affects your 401(k). number three, this is probably the most important, if a country defaults like greece could have or like italy might, it makes lenders, big lenders around the world say, i don't know if it's safe to be lending money at it. reminds us of 2008 and the whole lehman brothers situation and that will have an effect on the united states of people trying to get mortgages or small business loans because money will freeze up, again. everybody in the world should have all eyes on athens

according to reels in the ocean moscow ushers in a new era of energy security for western europe as a landmark in the words free pipeline begins russian gas breaks in germany. the new supply route being run to the transit countries which a previous european consumers of russian guess. without the details in just a few moments. russia issues another stern warning against israeli military action against iran as president is meeting again of says it could spell a catastrophe in the middle east. if you make a deadlock politicians scramble to save the country as a towards a deal over a new crisis leader argy types in the streets of our find out weeks themselves. just after four pm here in the russian capital this is our t. and we begin with this being a historic day for western europe's energy supply which is now being bolstered by russian gas directly through a brand new pipeline president dmitri medvedev the chancellor angela merkel and their partners in the project would have a tour of the volga about soap and the receiving end of the noise streamlined in germany they tell a billion dol

europe. europe. the. european. thank you for coming to our program hello first of all let me congratulate you on the big event stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands. germany does this mean an end to a period of hard work promotion and litigation for gas problem or does it mark the beginning of a new phase of struggle in this direction in. which of course this is a very significant event and an important landmark in gas problems operations in europe because today we have greatly improved reliability of supplies of russian gas to european consumers. we now have a third gas transportation channel that will not only help us to avoid crisis situations linked to gas transit through third countries. but it will also substantially improve our technological and technical capacity is and will make us more flexible in reacting to the needs russian gas consumers in europe but the. mystical prion of first far as

europe only you is a new kind of religion. it is run by people who pay the file taxes than anyone else in europe and have their children educated creative child in a circle and we've got fourteen private schools from brussels and the european parliament would most the numbers of paid about three or four times not they would have run in any other top put your eye line up to do in life and the system is essentially corrupt and he's unchangeable therefore i draw an apology which believes in two things one is telling people the truth. and sticking with it when we achieve office but eventually we will because the public our ups absolutely fed up to the back to us we as mainstream politicians. happen is hopes and promises and delivering absolutely nothing but the opposite david cameron has said they will be a referendum on principle listen in the e.u. he wants three patrick powers to britain to not believe him and you know think he treats his word well he's already lied once which was over promising a referendum. after the election

europe. has a political. one. the . europeans feel. thank you for coming to our program hello first of all let me congratulate you on the big event stream pipeline has finally been completed and officially launched. the leaders of russia and germany and the prime ministers of france and the netherlands have given the long ceremony does this mean and then through a period of hard work promotion and litigation for gas problem or does it mark the beginning of a new phase of struggles in this direction in. which of course this is a very significant event and an important landmark in gas problems operations in europe because today we have greatly improved the reliability of supplies of russian gas to european consumers. we now have a third gas transportation channel that will not only help us to avoid crisis situations linked to gas transit through third countries. but it will also substantially improve our technological and technical capacity is and will make us more flexible in reacting to the needs russian gas consumers in europe but the

are the implications of that for gazprom and europe. regulator reprovision is not the issue the e.u. germany and the rest of the nations need gas to sensibly reform their energy policy russia on the other hand has to sell gas to keep its budget in order so there's a. co-dependency which is a good thing now to be happy to see european companies invest into russia and european markets open up to russian companies it's a good free market economy is good for the mark picture what do you think of the recent you raids on gazprom and its partners in europe think about the or p.r. guys i think europeans need gas gas has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is one of these you know better than anyone else for a space that written recently switched from export to india old europe needs a gas supply to maintain a stable mix of energy sources but it's climatic conditions require them to get it needs norway to go outside but also russia's gas and therefore i think

europe. is a new kind of religion. it is run by people who pay far lower taxes than anyone else in europe and have their children educated chargin a surplus of about forty private schools from brussels and a european parliament would most the members of paid about three or four times not money as they would have run in any other problem your i love to do in life and the system is essentially corrupt and his unchangeable therefore i'm from the party which believes in two things one is finding people the truth. and sticking with it when we achieve office would have been true will because the public our ups absolutely fed up to the back to get with his mainstream publications. happiness hopes and promise illness and delivering absolutely nothing but the opposite david cameron has said they will be a referendum on inspiration in the e.u. he wants three patrick powers the britain cannot believe him the engine or think he treats his word well he's already lied once with friends over promising a referendum. after the election

what europe needs is a savior. china has the cash but chinese businesses are not sure that they want to. >> the station goes on the air. >> a milestone in media history, 75 years after the bbc launched regular television broadcasts, we take you back to the studios where it all began. welcome to our viewers on pbs in america and around the globe. the location is lovely, the atmosphere is terrible. the g 20 leaders gathered in cannes to deal with the crisis. greece's surprise decision to put its bailout on referendum has shaken the market an inferior raided the european leaders. angela merkel said that the rescue package is not up for renegotiation. >> some of the world's most powerful leaders and officials arrived ahead of the g-20 summit but hanging over the meeting, the latest crisis in the eurozone. >> we are going to do a little bit of business. >> the french president was playing host and found himself waiting for 10 minutes for the chinese president. on his mind was the decision by the greeks to call a referen

let's get back to europe, though. for years there's been talk of a two-speed europe and for years policymakers have completely dismissed the idea that some countries could be more integrated into the eu structure than others. earlier this week, the french president nicolas sarkozy came out and said that the euro zone will become a two-tier club. to look at what that might mean, we go to john defterios who has been following the events very closely. the two-speed, two-tier europe or a two-tier euro zone. let's put this into perspective. >> reporter: yes, in fact he raised a lot of eyebrows with these comments at the university of straussburg. you know the story going back to the creation of the single market and the ec-1992 project. back then you had the original architects discussing greater integration and a federalism. these comments by president sarkozy brought back memories of that discussion. he said it's strange to create the euro without proper governance. when they brought greece into the eu system, some were

of the world's longest subsidy pipeline a sub to start pumping a russian gas to warm up western europe. presumably that's ready to flip the nordstrom switch in germany because of the details in just a few months. rushing to secure cash for greece politicians scramble to find a viable way of sharing power to bring the country back on its feet r.t. asks what the greeks themselves think. and as israel threatens to attack the randa young israelis are increasingly say no to the uniform claiming they don't want to join the army to take part of their country's conflicts. t.p.m. here in the russian capital this is sort of our top story western europeans can rest easier this winter with an uninterrupted flow of russian gas to keep them warm and about it our president of addendum in his european partners will flip a switch in germany and start the nord stream pipeline directly pumping fuel under sixty artie's daniel bushell isn't germany's coastal town of libyan where the siberian gas makes a european the last fall of daniel so the leaders are preparing to start the gas flowing out pretty soon a