absolutely, go to greece. we have been all around the world, many places, but greece is absolutely one of our most favorite places. maxa: with plenty of inexpensive hotels, most visitors find the plaka a good neighborhood to stay in. we opted to stay outside the old city in one athens' most comfortable boutique hotels, the andromeda. it's not the least expensive option, but if you're with a family or group, the andromeda apartments can be a good value. preparing simple yet delicious food using fresh, raw ingredients has always been a greek specialty. the ancients considered cooking both a science and an art. during roman rule, the upper class romans sent their children to study cooking in athens. we're checking out the modern expression of greek cooking here at the hot new aristeria dexia restaurant. it offers traditional recipes with a contemporary twist, and a dizzying selection of wines from its wine cellar. on sunday mornings the place to be is the flea market on monastiraki square. the market is a vast op

does is the way the adjustment by lending the money you know how it helps greece greece as two big problems it's wages are twenty percent above its productivity so they have to come down the i.m.f. lending the e.u. lending doesn't do a damn thing about that the other thing is the greece has a huge budget deficit they have to reduce it lend it borrowing more doesn't reduce the debt it just extends it in time that's not what they need that what the job what the greeks need to do is restructure or default on their debt they won't call it a fault they call it restructure but there is no way in my opinion that greece is going to get out of its current crisis without restructuring its debt and that's something which the i.m.f. is the lane and finally what greece has to do is sell off the state assets years ago when the first proper dreyer the grandfather of the current prime minister was elected i was in greece i asked the people in the central bank what will the socialists now that they're in power what will they nationalize you scratch this had thought for a long while and finally said there's

for example, a steak house that has a lot of greece but has no equipment. those in category 1, that have been violating the existing code, they will be required to put in the automatic grease removal device. other books with existing equipment just need to service and properly maintained it. there will be some clearer standards on that because we are finding out that most restaurants do not know what that means. the last thing i will touch on has to do with cost. the reason it has taken us so long to get to the board is because the grd's are more expensive because they are automated. we have some vendors come out to give us some qtuotes -- quotes locally. they can range from $1,000 to about $3,000. one thing that we are going to do is reduce the loading charges that restaurants pay. right now, you pay a floating charge for the amount of oil and grease you're putting into the sewer. we figured out, with this equipment, you would be lowering the amount of oil and grease, so we take that loading, it would lower your sewer bill oby about 14%. that makes the ret

and i personally think that a country like greece would go through a period of desperate pain if they left they would certainly have to default or it's called as much polite of the default but they have to do something like that but basically people let money greece would have to take a haircut and probably quite a substantial haircut but that's roughly what happened to argentina or whatever it was the nine hundred ninety. and it's terrible at the time but the country comes through and actually it's much better off afterwards it's just like when britain left the exchange rate mechanism you know it was called black wednesday suddenly in retrospect we realize it was goldman wednesday because we had a long period of sustained economic growth because we got our currency back to the right level that's what greece needs that's what spain needs a violin needs. committed for this weekly emotionally psychologically to the euro project but they they dare not bring themselves to make that leap they may be forced to make it by the markets and when they do that i think will be the point at which t

two thousand and four european champions greece sit in the driving seat in group f. after itself are in a huff is not the one to break the law thanks to. these really look better than the results this year he said and were fully deserving of their equaliser. cheer. moment. ended in the israel penalty leading to the. two and. those. fireworks. leading. the game. italy more than. three. victory the shock of the. turkey. in the same group a. memorable night at the expense of northern ireland group c. . next week. to watch a little tennis in the kremlin cup is just the ticket. will headline the men's drawl while francesca schiavone will be joined by cried favorites. in the women's tournament. the kremlin cup is the oldest competition around here in russia we've been here since the day our state was founded no other sport has a similar event so we're very proud of the cup being the backbone for russian tennis which has been pretty successful on its own we kept a list of two hundred and five countries in all around achievements over the last ten years. finally one of the p

two thousand and four european champions greece in the driving seat in group f. after itself are in a huff i can't. integrate thanks do they tell me she's dimitrius this is really better than the results this year it must be said and were fully deserving of their equaliser. getting the final touch here moments later the deciding moment celtic didas up ended in the israel penalty area leading to this cool finish. to increase. those some of the night's highlights. genoa italy serbia much was abundant after seven minutes. fireworks constantly being thrown on to the pitch towards. the game. italy more than. three four fifth's. victory the shock of the evening wasn't but. turkey belgium and austria share the spoils and then a cool epic in the same group a for a while and how to fully memorable night at the expense of northern ireland one one the strong group c. england montenegro are still on beat in group g. wheels this campaign looks all but over a following a full one beating by switzerland their third defeat in three. moving on if you're in moscow next weekend fan

four european champions greece sit in the driving seat in group f. after a tough r. and a half against israel they went into the great planks to tenacious demetrius sultan didas these really look better than the results this year must be said on were fully deserving of their equaliser. getting the final touch here but moments later the deciding moment cell to get this up ended in these real penalty area leading to this cool finish. to increase the. highlights. was abandoned after seven minutes. trouble and fireworks constantly being thrown onto the pitch towards the italian leading to the officials calling off the game. italy more than likely will not be awarded the three. the shock of the evening was in baquba or azerbaijan done turkey belgium and austria share the spoils and back in the same group a fertile islands had a holy memorable night at the expense of northern ireland one one the school in group c. england montenegro are still unbeaten in group g. but wales is campaign looks all but over following a poor one beating by switch on that's their third defeat in

worked perfectly but within that region you basically had an integrated market but to throw together greece and spain and italy and portugal and ireland and germany is sheer lunacy i mean sheer lunacy and they said we throw together so we'll grow together but that is not promoting growing together the other way around would have been better to liberalize markets to keep national currencies to be able to just to shocks like this so what should we do you know that should be you're using be slowly but steadily dismantled should we wait for the u.s. to collapse and it's a ideally i would go back to a core europe and i would let the doc return and the proceed to return and the lira return and we still would have a european union it's not like it would be the collapse of the european union quite to the contrary if we allow those. countries to set their own economic policy again and to be sovereign in their currencies we would do europe a service we're doing europe a disservice by having this artificial currency imposed on it it can only lead to political tensions like in greece where the greek po

. >> this is the most porous border in europe, a 10-kilometer stretch between greece and turkey, a unit from the e's quarter agency is carrying out exercises. the team uses imaging devices to carry -- to identify migrants. they will be deployed now on their first mission. >> we know that a part of the border is currently not controlled, not guarded. greek authorities cannot manage to a share control this part of thextended border of the european union. >> nearly 90% of migrants trying to reach europe do so through greece, which requested the you's help. since the agency started patrolling the aegean waters, migrants have started crossing by water, but rights groups are urging the you to take into account the special needs of refugees. >> it is understandable that they want to guard their borders, but we must make sure that we do this in a way where we also take into account that people still need to come to europe. >> up to 400 mignts into your -- into greece each day. >> other news now, afghan president karzai says his office receives cash in bags from iran but says it is a chance from

that they've created in the first place in a terrible state because of the european single currency greece portugal spain all these countries their economies are going down the tubes the economies of countries like germany and france and the u.k. would be a lot more healthy if they weren't burdened with regulation and in the case of france and germany with membership of the euro and of course they have to bear the tremendous burden of countries like greece and of course spain and italy and portugal what we need is to get rid of the european single currency get rid of all the over regulation on business and allow economies to actually revive and become more healthy under proper free market economic conditions the wide things that go on at the moment is they can ever inevitably only get worse. you are with are to you it's good to have your company today and still to come this hour. while you might be busy bickering with itself one of the european nations is busy building bridges with russia i doubt how the war so i moved putting their differences behind . a pakistani born american who's been

investors fear that greece will be on able to close the gap week ten year bond yields have jumped to one percent on the news. and staying with the e.u. the european commission pants are launch legal proceedings against its own member states that pay over flight fees to russia the move is a roundabout measure to eliminate billions of dollars in fees that washer charges european airlines to fly over siberia germany france finland and austria would be the first to face proceedings but the other twenty three member states are also under investigation the commission says countries doing unilateral deals with russia is uncompetitive as the aviation rules require all e.u. citizens and companies to be treated equally. russia's state kerry era flock has entered into a sponsorship agreement with n.b.a. teams the new jersey nets and by russian billionaire of this is the first time arafat to supported a professional sports team in the u.s. but there has been agreed to for two years but team representatives hope it will be extended is the second sponsor contract team has signed with the russian c

it was the worst in greece for decades. from athens, we have this report. >> the verdict close as one of the darkest chapters in the history of greece. the murder in 2008 ignited the worst social unrest in 40 years, riots that lasted for three weeks. courts closed in on the maximum sentence. it was described by the victim's family as a monster. the rebellious district of athens is where the shooting happened. the family of the schoolboy has welcomed the conviction. during the trial, the defense painted the teenager as a troublemaker. the family believes his memory has now been restored. the verdict is a relief for the socialist administration, which is trying to keep on rest to a minimum as it aims stringent managers at the country's financial meltdown. the anger and resentment of young people, which contributed to the riots of 2008, is still beneath the surface. it is also a protest over a low wages and that employment prospects. since the austerity measures were introduced, the minimum wage has gone down further and unemp

and i personally think that a country like greece would go through a period of desperate pain if they left they would certainly have to default or reshow jule it's called as much polite of the default but they have to do something like that but basically people let money greece would have to take a haircut and probably quite a substantial haircut want to have a thank you very much my pleasure.

investors fear that greece will be unable to close that gap creek ten year bond yields have jumped one percent on the news. and staying with the e.u. the european commission plans to launch legal proceedings against its own member states that pay over flight fees to russia the move is a roundabout measure to eliminate billions of dollars in fees that russia charges european airlines to fly over siberia germany france finland and austria will be the faster face proceedings at the un. twenty three member states are also under investigation the commission says countries doing unilateral deals with russia is uncompetitive as the aviation rules require all e.u. citizens and companies to be treated equally. up in mind what if the solution is really simple and has already been outlined by russia the mechanism of these commercial agreements will be dismantled but it will happen in such a manner not to shock the companies which get the payments at the same time russia will consistently raise its fees for navigation of services up to european levels taking into consideration the distances in rus

comes short of the tough punishments for overspend proposed by germany which paid dearly to rescue greece from its crisis. and it has more on this. is what turned out to be the u.k.'s pass into the realms of financial security because those who used these. changes to the lisbon treaty adopted controversially less than a year ago they won't punish them and spend countries that are fiscally irresponsible and a permanent centralised funds to bail these countries out when they do get into trouble. for this in germany don't want to pay the price of the country's irresponsible money management ever again as they did earlier this year where europe. so there you are creative of this economic block a trading block. a very powerful block of crises it is individual members who have to pick up the pieces and. they meet. but this is you're a skeptic say the reason it's not working is because it's fundamentally flawed the economies in the euro dispersed so much it's impossible to have a common monetary policy and it's the strong germany particularly pay the lion's share into a seven hundred fifty billi

greece may have a greater budget deficit for two thousand and ten than the eight point one percent agreed as part of a rescue package from the i.m.f. and the e.u. the new york times reports it may reach eight point nine percent of the country's g.d.p. investors fear that greece will be unable to close the gap greek ten year bonds have jumped to one percent of the news. and staying with the e.u. the european commission plans to launch legal proceedings against its own member states that pay over flight fees to russia the move is a roundabout measure by the commission to eliminate billions of dollars in fees that russia charges european airlines to fly over siberia germany france finland and austria would be the first to face proceedings the other. twenty three member states are also under investigation the commission says the deals with russia break rules that require all e.u. citizens and companies to be treated equally. russia's state carrier araf lot has entered into a sponsorship agreement with n.b.a. team the new jersey nets owned by russian billionaire mea culpa knock it off this is

. >> this closes the darkest chapters in greece's recent history. the murder in 2008 ignited the worst social unrest in 40 years, with riots lasting for three weeks. the court imposed the maximum sentence on the special guard, the elder of the two defendants, who was described by the victim's family as a monster and the rambo of the rebellious district of athens where the shooting happened. the family of the schoolboy has welcomed the conviction. during the trial, and the defense painted the teenager as a troublemaker, but the family believes his memory has now been restored. the verdict is a relief for greece's socialist administration, which is trying to keep social unrest to a minimum as it imposes stringent austerity measures aimed at reducing the country's financial meltdown. the anger and resentment of young people, which contributed to the riots in 2008, is still bubbling beneath the surface. the so-called december uprising was also a protest about low wages and poor employment prospects. since the austerity measures were introduced, the mini

given ten years but both are expected to appeal the area popular were on a case and it was followed by greece's worst civil unrest in decades. with accusations set to begin on wednesday the thirty three chilean miners trapped underground for two months can look forward to british football treat only they return to the. manchester united invited them to watch a home game at their ground all trafford invitation came after a rescue tunnel was completed on saturday morning the miners' physical and. mental health is being closely monitored turned sure they emerge at the surface and. aren't a strange happenings in the u.k.

which perhaps releases a bit of the tension and pressure on spain and portugal and greece and ireland without completely upset in germany but if you want a successful single currency area you need first would have a central bank that can decide how much of currency to print in the european central bank hasn't quite reach that point yet it's making progress towards that the germans are a little bit hesitant about that and you also need quite big transfer payments around the from the richer and stronger parts to the poorer parts so that the poorer parts can survive with a currency level that doesn't suit them and there are big enough transfers in the eurozone at the moment to make it work so it also adds to the strains for greece and portugal and so forth and let's talk a bit about social problems we've seen a big demonstrations last week across across the usa do you think that when all star city measures are announced here in the u.k. as they inevitably will we will see similar demonstrations here. well i hope we won't have big demonstrations the united kingdom i think the media and po