>> the presence of the european commission admits greece could -- president of the european commission admits greece could leave the euro. welcome to "bbc world news." also in this program -- after spending 17 months on a simulated mission to the bread plant, back from mars -- from the red planet, back from mars. >> it is still political turmoil in athens today as prime minister george papandreou faces a vote of confidence. the opposition is calling for papandreou to resign. it's not clear whether greece will leave the euro. the president of the european commission has said it is a

forecast for growth slashed by the european commission. >> the recovery has come to a standstill. there's a risk of a new recession unless determined action is taken. >> south africa's governing anc finds youth leader julius malema guilty for division within the party. welcome to "bbc world news." i am david eads. another is earthquake in turkey has killed at least seven people. an american surfer has tackled a wall of water. thank very much for joining us. the forecast for growth across the euro zone countries has been revised dramatically downward by the european commission. previous projections of average to it -- of average growth for next year was 1.8%. now they're looking at 0.5%. the uncertainty in italy, the rise of bond yields to 7% has intensified fears that the country may soon day unable to meet its debt repayment. that is something cuts could further triggered the crisis of confidence. the expressions of concern have been made by the european commissioner. we will have more from him in a moment. also, christine lagarde, a managing director of the imf. she is in beijin

the presidents of the european commission and the european union say italy is asking the international monetary fund to help monitor its economic and fiscal reforms, the european commission president, barroso says the executive commission will look at the situation. the country is under fierce pressure from financial markets to reform its finances. >>> next we go to pachari raksawong in bangkok to find out what's going on in the region. >>> thailand is struggling to maintain as flood water continues to spread in bangkok. the main crisis center is under threat for a second time. and the city subway system also now looks to be at risk. the devastating floods are creeping ever closer to central bangkok. on friday, water came close to the new location of the government's flood relief operations center. it's also a temporary home to about 600 evacuees. the center was moved there from submerged don muang airport just a week ago. workers are hurrying to raise the road before access to the center gets cut off. waters have also been seen around entrances to subway stations in northern bangkok.

. >> the presence of the european commission admits greece could -- president of the european commission admits greece could leave the euro. welcome to "bbc world news." also in this program -- after spending 17 months on a simulated mission to the bread plant, back from mars -- from the red planet, back from mars. >> it is still political turmoil in athens today as prime minister george papandreou faces a vote of confidence. the opposition is calling for papandreou to resign. it's not clear whether greece will leave the euro. the president of the european commission has said it is a possibility. my colleague is live in athens following all the developments for us today. >> hello and welcome to athens. it is said that the global market hates uncertainty. that's what they have aplenty in greece today with the politics of the country in turmoil after reports yesterday the prime minister was resigning, was not resigning, that his finance minister was moving against him, that they have abandoned plans of a referendum. tonight, all focus will be on the greek parliament where there is that a v

in the main have been proposals that have been prepared by the european commission the rule of the european commission has changed following the adoption of the lisbon treaty and there is no new structure for meetings of heads of station and government and of course there is a new office now two new offices of the office first of all of the president of the european council and secondly the office of the high representative which deals with the foreign affairs side of the european union. czerny's many today seen as a universal means of solving european financial problems many people in europe are not happy with that they don't want too many chinese investors in europe what's the irish position well arnold welcomes from china and indeed we've had discussions with. chinese leaders chinese businesspeople. to encourage investment in ireland and to trade between our land and china but i think we have to be clear about this there is no facing a single silver bullet that resolves the european financial crisis and that includes the idea of dutch chinese money as some kind of a silver bullet that wi

that have been prepared by the european commission the role of the european commission has changed following the adoption of the lisbon treaty and there is no new structure for. station government and of course there is a new office now to new offices of the office first of all of the president of the european council and secondly the office of the high representative which deals with the foreign affairs side of the european union. czerny's many today seen as a universal means of soul the european financial problems many people in europe are not happy with that they don't want to too many chinese investors in europe what's the irish position it's well arnold welcomes from china and indeed we've had discussions with. chinese leaders chinese businesspeople to encourage investment in ireland to trade between art and china but i think we have to be clear about this there is no facing a single silver bullet that resolves the european financial crisis and that includes the idea that chinese money is some kind of a silver bullet that will result in financial difficulties in europe financial difficu

been proposals that have been prepared by the european commission the rule of the european commission has changed following the adoption of the lisbon treaty and there is no new structure for meetings of heads of station and government and of course there is a new office now two new offices of the office first of all of the president of the european council and secondly the office of the high representative which deals with the foreign affairs side of the european union. czerny as many today are seen as the universal means of seoul the european financial problems many people in europe are no happy with that they do one too many chinese investors in europe what's the irish because it's well arnold welcomes from china and indeed we've had discussions with. chinese leaders and chinese businesspeople to encourage investment in ireland and trade between art and china but i think we have to be clear about this there is no facing a single silver bullet that resolves the european financial crisis and that includes the idea that chinese money is some kind of a silver bullet that will result th

have been proposals that have been prepared by the european commission the rule of the european commission has changed following the adoption of the lisbon treaty and there is no new structure for making use of station and government and of course there is a new office. two new offices in fact the office first of all of the president of the european council and secondly the office of the high representative which deals with the foreign affairs side of the european union. czerny's many today are seen as a universal means of solving european financial problems many people in europe are not happy with that they don't want to too many chinese investors in europe what's the irish position it's well arnold welcomes from china and indeed we've had discussions with. chinese leaders chinese businesspeople to encourage investment in ireland to trade between art and china but i think we have to be clear about this there is no facing a single silver bullet that resolves the european financial crisis and that includes the idea that chinese money is some kind of a silver bullet that will result in finan

that have been prepared by the european commission the rule of the european commission has changed following the adoption of the treaty and there is no new structure for missions of the station government and of course the reason you offer. to new office is in fact the office of all of the president of the european council and secondly the office of the high representative which meets with the foreign affairs side of the retaining. chinese many today seen as a universal means of solving european financial problems many people in europe are not happy with that they don't want to too many chinese investors in europe what's the irish position and it's well arnold welcomes from china and indeed we've had discussions with. the chinese leaders and chinese businesspeople to encourage investment in ireland and trade between art and china but i think we have to be clear about this there is no placing a single silver bullet the result of the european financial crisis and that includes the idea that chinese money is some kind of a silver bullet that will result the financial difficulties in europe fina

commission the european union supposed to make a decision on granting serbia candidate status in the meantime they know that the government of belgrade will do give just about any concessions to get candid status as a result they're trying to change nato is trying to change the situation on the ground knowing that the hands of the present government approach e.u. government in belgrade are kind and there are good actually taking advantage of the situation. i think they'll probably get a grant candidacy to belgrade but probably not begin. which is that she would go. so we had at least two more weeks until december ninth when we made more things

commission the role of the european commission has changed following the adoption of the lisbon treaty and there is no new structure for meetings of station and government and of course there is a new office now. two new offices in fact the office first of all of the president of the european council and secondly the office of the high representative which deals with the foreign affairs side of the european union. czerny's many today are seen as a universal means of solving european financial problems many people in europe are not happy with that they don't want to too many chinese investors in europe what's the irish position it's well arnold welcomes from china and indeed we've had discussions with. the chinese leaders chinese businesspeople to encourage investment in ireland to trade between art and china but i think we have to be clear about this there is no facing a single silver bullet that resolves the european financial crisis and that includes the idea that chinese money is some kind of a silver bullet that will result in financial difficulties in europe financial difficulties

been prepared by the european commission the role of the european commission has changed following the adoption of the lisbon treaty and there is no new structure for making use of the station and government and of course there is a new office now. two new offices in fact the office first of all of the president of the european council and secondly the office of the high representative which deals with the foreign affairs side of the european union. czerny's many today are seen as the universal means of solving european financial problems many people in europe are not happy with that they don't want to too many chinese investors in europe what's the irish position it's well arnold welcomes from china and indeed we've had discussions with. chinese leaders chinese businesspeople to encourage investment in ireland to trade between art and china but i think we have to be clear about this there is no facing a single silver bullet that resolves the european financial crisis and that includes the idea that chinese money is some kind of a silver bullet that will result in financial difficultie

the european commission also said it was a positive development and it allows a strong cross party message to be sent on their debt problems. papademos, a former vice president of the european central bank, was appointed after intense political wrangling and athens. >> lucas papademos is stepping in to head the government as greece faces its worst crisis in modern times. >> the choices we make will be decisive for the people. the path will not be easy, but i am convinced the problems will be resolved quicker and it is smaller cost if there is unity. >> the german chancellor said she hopes the new greek leader will have enough public support to push through the changes. >> we would like greece to get on the right path as quickly as possible. we'd like to reform efforts for a better and more efficient and consolidated greece to have broad political support. >> political leaders agree on the success of george papandreou -- on the successor of george papandreou. after days of this agreement, papademos joined the talks. he hopes to establish a broad coalition to guide the country. many in athen

the european commission believes eurobonds are the answer. there were about what it means in terms of losing national sovereignty. we learn more about what's barroso -- what barroso's proposals mean. >> it means extension of the powers of brussels. not least today, the proposal that you would have far more budgetary discipline than was foreseen until now and indeed, each member state according to brussels should be governed by an independent this co-counsel giving advice on its national budgetary measures every year. all statistics on which national budgets are based should be derived from an independent body. this is a hell of a move forward, and it is backed up by the fact that it bustles even then did not like the figures it saw on the table when they were transmitted, it could demand changes -- if brussels even then did not like the figures it saw. as you say, angela merkel is not in favor of eurobonds. she is not alone. the dutch finance minister said it was the wrong solution and could actually worsen the economic crisis. a political st

commission of the potential eurozone recession did not affect european markets very much thursday. perhaps it has already been priced in. i>> german blue chips enjoyed a strong rebound. we have this report from the frankfurt stock exchange. >> several strong earnings reports. deutsche telekom topped analysts' forecasts, mostly thanks to vigorous ct-cutting. still, investors remain cautious. this was clear this thursday, when the fertilizer producer reported that wholesale dealers are a bit reluctant with the new orders and that it could well be that earnings this year may be at a tiny little bit below the forecasts. their stock immediately slumped and lost nearly 5%. >>> staying in frankfurt, for a look at thursday's numbers, starting off with the dax. that is up by 0.6%. atthe euro stoxx 50 up. across the atlantic on wall street, the dow jones looking solid, but 0.75%. and the currency market, the row trading higher against the dollar, >>> $1.3590. amid all of the bad news and turbulence, there are some encouraging signals coming from portugal. the euro group chairman does not exp

." >> and a dire warning from the european commission. economic growth in the eurozone is at a standstill. the commission says it is now time for action. >> the recovery in the european union has now come to a standstill and there is a risk of a new recession unless action is taken. >> welcome to gmt. i am george alagiah, with a world of news and opinion. also in the program, and dozens still trapped as turkey's earthquake zone is hit by a massive aftershock. nine people killed. south africa's ruling anc suspended hotbed youth leader for five years. what is next move is. it is midday in london, 7:00 a.m. in washington, and 1:00 in the afternoon in brussels, where the european union economy commissioner has just thrown a verbal grenade into what's already a pretty explosive economic crisis. olli rehn says growth in the eu has stalled. the latest forecast, powerhouse germany, suggesting growth of 1% next year. add to that the still unresolved political crises in greece and italy and you can see were commissioner rehn is coming from. >> as t

on those it towards your own by i do not think that was our situation of the european commission or its employees that had to conduct the inspections and they had let us know that we could take the responsibility for greece is in a recession ourselves and it was a purely preparatory mission conducted by the european commission and the national governments you from we had made the decision to take greece and we cannot claim without you having a firm proof that the information we got then was on the diplomatic yes we are not entirely correct to various people might keep in mind that the european parliament voted in favor of almost unanimously including the conservatives that you are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants go down and actually happening of us money. either the commission was wrong or the handling of greece has been wrong since they tend. which which is it ends in. it's pointless to talk about how things work or past we're talking about him i hope we manage to keep greece in the euro zone so t

the european commission provided three possible options. the first is to convert all government bonds issued by each member nation into common bonds. the second is for each state to issue both it own government bonds and common bonds. and the third is to let only certain member countries to issue common bonds. european commission president jose manuel barroso says boosting it is the only way to protect the european currency. >> it is also important to show to public opinion to its national investors that we are serious about stronger governance in the euro area, both in discipline and in cod stability bonds are exactly an example of that. >> the plan will need each to submit a budget and ask for a revision if necessary. germany already expressed its opposition prior to the release of the eu proposal. >>> carmakers from around the world are showkaying their latest models at an international auto show in guangzhou, southern china. around 80 firms are taking part to boost their presence in the world's biggest auto market. that's in terms of un

the president of the european commission has stated it is a possibility. let's go to athens and our correspondent there. >> welcome to athens where yesterday saw one of the most mumultuous days in their history. today promises to be much the same. george papandreou is fighting for his political life. apparently he has said there will be no referendum. already one serblist m.p. threatening to vote against the government in the critical confidence vote said they are back on board as a result of that. will others follow? we don't know. the confidence vote, when it comes, could friendship at a time either a period of what passes for political stability here or could plunge the country into a snap general election. that election, of course, would then be a referendum itself on the bail out plan. greece has never faced quite so much political uncertainty. let's get this report from our european correspondent matthew price. >> greece is now the epicenter of the european crisis. this will help decide not only greek's fate but the european has as a whole. the next

the european union commission has plans to tighten the rules on ratings agencies. they do not go as far as some would like. his proposals were watered down at the last minute. >> the european commission has agreed to a series of measures to regulate craving agencies like standard and poor's, fitch and in jade regulate credit rating agencies like standard and poor's, fitch and moody's. issuers would have to change their rating agency at least once every three years. investors who have lost money because of flawed ratings would be able to sue the agency for damages. >> the only concern we have is that the thermometer should work correctly. so that it does not multiplied or increase the temperature established in a transparent and useful way. >> proposals have to be approved by parliament and member states. that could take until late 2012. >> first nuclear plant operator has sued the government for compensation. it has filed a complaint against the german court. it says that the move to phase out nuclear power will, -- will ost it billions of dollars and they want to

on those records your 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 our cell phone and it was a purely preparatory mission conducted by the european commission by 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 then was on diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece and the ship almost unanimously including the conservatives are going now trying to distance themselves from that decision making sometimes in politics you don't want to believe things that he wants condoned or actually happening universe for. either the commission was wrong or the handling of greece has been wrong since it ended which which is a matter kensi in progress if the visit it's pointless to talk about how things were in the past we're talking about for the region i hope we manage to keep g

on those it towards your own via i do not think that was our situation of the european commission its employees that had to conduct inspections and they had letters know that we could take the responsibility for greece is a us national marcel but he was a purely preparatory mission conducted by the european commission and the national governments we had made the decision to take greece in we cannot claim without having firm kreutz that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening of us and for any of us that either the commission was wrong or the handling of greece has been wrong since it ended which which is a matter of cones in the is the up it's pointless to talk about how things were in the past we're talking about the future but i hope we manage to keep gr

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 information we got then was on diplomatically speaking not entirely correct or give people much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for and lost either the commission was wrong or the handling of greece has been wrong since it ended which which is a matter kenzie in. it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in

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 we got then was a diplomatically speaking not entirely correct various people might keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for and us thought was of the commission was wrong or the handling of greece has been wrong since it ended which which is it ends in a bogus if the it's pointless to talk about how things were in the past we're talking about the to carry him down i hope we mana

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 firm proof that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening of us one of the. other the commission was wrong or the handling of greece has been wrong since it ended which which is that it's not their currency in the view the upgrade of it's pointless to talk about how things were in the past we're talking about the future you can go i hope we manage to keep greece in the euro zone i think that's a help of the new greek govern

a 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 but it was a purely preparatory mission conducted by the european commission and the national government we had made the decision to take greece in we could not claim without having firm proof that the information we got then was on diplomatically speaking not entirely correct a very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. unless either the commission was wrong or the handling of greece has been wrong since they tend. which which is it ends in the it's pointless to talk about how things were in the past we're talking about the future you can go i hope we manage to keep greece in the eurozone for that to happen as the new gree

in a statement on friday, venizelos said he told the european commission economy and monetary affairs chief jean -- claude junker of the decision in telephone calls. the announcement came ahead of a scheduled vote in confidence of the parliament of the cabinet of greek prime minister george papandreou later on friday. venizelos said he told the european officials that the aim of the confidence vote is to form a government of unity. he said the government wants to obtain the largest consensus as possible. >>> leaders of the group of 20 advanced an emerging economies welcomed an earn u bailout package for greece and other debt-ridden countries to prevent the european credit crisis from seriously disrupting the global economy. the g-20 leaders concluded their summit talks in the french resort of cannes on friday amid uncertainty over greece. in a joint declaration, the leaders welcomed the package that includes a measure to help greece overcome its fiscal problems. the declaration says that the recovery of the global economy is slowing down led by advanced economies. it cites unacceptedl

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 but it was a purely preparatory mission conducted by the european commission the national governments we had made the decision to take greece in we could not claim without having firm proof that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. unless either the commission was wrong or the handling of greece has been wrong since it ended which which is a matter kensi in the it's pointless to talk about how things were in the past. we're talking about the future i hope we manage to keep greece in the eurozone for that to happen the new greek government would have to

on those it towards your own via i do not think that was our situation of the european commission its employees that had to conduct the 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 we got then was on diplomatically speaking not entirely correct raghav people might keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for unless that either the commission was wrong or the handling of greece has been wrong since it ended which which is it ends in. it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the

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 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 then was on diplomatically speaking not entirely correct or give people much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for unless either the commission was wrong or the handling of greece has been wrong since it ended which which is it ends in. it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the euro zone

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 because it was a purely preparatory mission conducted by the european commission the national governments we had made the decision to take greece in we could not claim without having firm proof that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for unless either the commission was wrong or the handling of greece has been wrong since it ended which which is it ends in the it's pointless to talk about how things were in the past. we're talking about the future though i hope we manage to keep greece in the eurozone for that to happen the new greek government would h

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. accession 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 cannot claim without having firm proof that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening there about. whether the commission was wrong or the handling of greece has been wrong since they painted which which is it. to get the upgrade of it's pointless to talk about how things were in the past. we're talking about the future though i hope we manage to keep greece in the eurozone for that to happen the ne

commission it's employees that had to conduct an 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 or not the national governments we had made the decision to take greece in we cannot claim without having a firm crew for the information we got them was a diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening with money and lots. of the commission was wrong or the handling of greece has been wrong since they tend which which is not their currency in a bogus if the it's pointless to talk about how things were in the past. we're talking about the future though i hope we manage to keep greece in the euro zone so that the help of the new greek government will have to be

recession on ourselves but it was a purely preparatory mission conducted by the european commission the national government we had made the decision to take greece in we cannot claim without having foam proof that the information we got then was diplomatically not entirely correct very. keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned are actually happening. and thus either the commission was wrong or the handling of greece has been wrong since it ended which which is a matter kensi in if the it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the eurozone for that to happen the new greek government would have to be nonpartizan uninfluenced by debates provoked by right wing party that i hope the package of aid agreements that european leaders have agreed on it implement tech and if that's the case then i

your environment 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 it was a purely preparatory mission conducted by the european commission the national governments we had made the decision to take greece in we could not claim without having firm proof that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. unless either the commission was wrong or the handling of greece has been wrong since it ended which which it. matter kensi in vegas if the upgrade of it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the eurozone for that to happen

on the one who drives your invite 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 our south you're certain it was a purely preparatory mission conducted by the european commission the national governments if we had made the decision to take greece in we cannot claim without having the film crew for the information we got then was on diplomatically speaking not entirely correct various people might keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condemned are actually happening you know both months and lost cause of the commission was wrong or the handling of greece has been wrong since it ended which which is a matter keynesian iroga shift to visit it's pointless to talk about how things were not asked we're talking about the

on those it towards your own 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 and the national government we had made the decision to take greece in we could not claim without having the firm proof that the information we got then was on diplomatically speaking not entirely correct bag of people much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for understand either the commission was wrong or the handling of greece has been wrong since it ended which which is a matter kensi in. it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the eur

on those it towards your own via 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 a firm proof that the information we got then was on diplomatically speaking not entirely correct or give people much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for understand either the commission was wrong or the handling of greece has been wrong since it ended which which it ends in. it's pointless to talk about how things were in the past we're talking about those who carried him down i hope we manage to keep greece

on those records your own via i do not think that was our situation of the european commission its employees that had to conduct the inspections they had letters know that we could take the responsibility for greece is a session on ourselves and it was a purely preparatory mission conducted by the european commission the national governments if we had made the decision to take greece in we cannot claim without having the firm proof that the information we got then was on diplomatically a not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. unless that was of the commission was wrong or the handling of greece has been wrong since they tend to which which is a matter kenzie in going to see through it's pointless to talk about how things were in the last we're talking of other the injury i hope we manage to keep greece in the euro z

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 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 got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for unless either the commission was wrong or the handling of greece has been wrong since it ended which which is it. they're kinds in the it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the eurozone for that to happen the new greek government would have to be nonpartizan uninfluenced by debate p

fantastic now mark the european commission i suggested that weaker european countries could back their bonds with their gold it's in the air as don't ditch back at the end of this crisis that most of europe's gold will have been transferred to the very banks that caused the crisis well it's quite possible the bottom line is the amount of debt that we have in the world and we have to get fixated on the days later when we could see greece the next week it's only spain and today now the s. and p. and i never hope and i'm sure people are sort of focusing on the trees and not seeing the wood and what is that we have a global debt crisis as a matter of deficit the world is just astronomical and i was the increase of seventy one very very gradually until recent years are a little exponential and basically the levels of that are so huge that even if they did try to. use our bonds you know the whole notion of. the collateral i mean looking at italy italy has about two and a half three thousand homes. it's tiny infant this more these are the the definitely house but i think it is also i think th

fantastic now mark the european commission i suggested that week or european countries could back their bonds with their gold that's in the euro zone gets back at the end of this crisis that most of europe's gold will have been transferred to the very banks that caused the crisis well it's quite possible the bottom line is the amount of debt that we have in the world and we have to get fixated on the days later when we could see greece the next week it's only spain and today in our s. and p. and i.m.f. republicans are people are sort of focusing on the trees and not seeing the wood in the what is that we have a global debt crisis as a matter of preference in the world as a strain on the whole and i was increases seventy one very very gradually until recent years where it went exponential and basically the levels of that are so huge that even if they did try to survive these are bonds and you know the whole notion of. bonds of collateral i mean looking at italy italy has walked two and a half three thousand tons of gold it's selling it in for this more visit before the definitely has but

fantastic now mark the european commission i suggested that weaker european countries could back their bonds with their gold that's in the euro zone gets back to the end of this crisis that most of europe's gold will have been transferred to the very banks that caused the crisis well it's quite possible the bottom line is the amount of debt that we have in the world and we have to get fixated on the days later when we could see greece the next week it's only spain and the s. and p. and i.m.f. republican i'm sure people are sort of focusing on the trees and not seeing the wood and what is that we have a global crisis as a matter of preference in the world this is a strain on coal and i was increases my seventy one very very gradually until recent years or when it exponential basically the levels of that are so huge that even if they did try to survive these are you know the whole notion of. the collateral i mean looking at it legally has two and a half three thousand tons of gold it's selling its in for this more visas the will that definitely has but i think it is also i think that 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 entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening there about. whether the commission was wrong or the handling of greece has been wrong since they tended which will give the matter keynesian the view the upper lot of it's pointless to talk about how things were in the past. we're talking about the future i hope we manage to keep greece in the eurozone for that to happen the

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 then was on diplomatically speaking not entirely correct various people might keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for understand either the commission was wrong or the handling of greece has been wrong since it ended which which is it ends in. it's pointless to talk about how things were going past we're talking about him don't i hope we manage to keep greece in the eurozo

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 then was on diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece are almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants to do actually happening view of us months and lots of other the commission was wrong or the handling of greece has been wrong since they tend which which is of their currency in a bogus shift to the upper lot it's pointless to talk about how things were going past we're talking about for the future i hope we manage to keep g

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 was diplomatically speaking not entirely correct very. keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. for under either the commission was wrong or the handling of greece has been wrong since they tended which which is not their keynesian or gift to get the upgrade of it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the e

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 the information we got then was diplomatically speaking not entirely correct or if people might keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condemned are actually happening universe and us or the commission was wrong or the handling of greece has been wrong since they tend which which is a matter kenzie in going to see if there really are it's pointless to talk about how things were not asked we're talking of of egypt we can go i hope we manage to keep greece in the rose or that's out of the new greek government would have to be n

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 because it was a purely preparatory mission conducted by the european commission the national governments we had made the decision to take greece in we could not claim without having firm proof that the information we got then was diplomatically speaking not entirely correct very much keep in mind that the european parliament voted in favor of greece's membership almost unanimously including the conservatives who are now trying to distance themselves from that decision sometimes in politics you don't want to believe things that he wants condoned or actually happening. unless either the commission was wrong or the handling of greece has been wrong since it ended which which is it. matter kensi in the it's pointless to talk about how things were in the past we're talking about the future i hope we manage to keep greece in the eurozone for that to happen the new greek government would have to be nonpartizan uninfluenced by debat