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the e.u. commission says the new law undermines the judicial independence of polish judges this is double standards i kind of but that president will be reelected despite the coronavirus pandemic problems government pushed hard for a presidential election this month in the expectation that it would win but the opposition forced a last minute delay i guess this week from poland is dominic touchin speak polish and meet people from the ruling law and justice party what's his government guilty of trying to put politics ahead of people's lives. dominic touches he welcomes conflict zone. thank you for having me let's go back to the beginning of this month when your party was still hoping to hold a presidential election donald tusk former prime minister of poland said that only a madman or a criminal would proceed with an election during an international health crisis but you didn't care about the risk to people did you expected to win and that was all that mattered are you trying to say that dumb of
the e.u. commission says the new law undermines the judicial independence of polish judges this is double standards i kind of but that president will be reelected despite the coronavirus pandemic problems government pushed hard for a presidential election this month in the expectation that it would win but the opposition forced a last minute delay i guess this week from poland is dominic touchin speak polish and meet people from the ruling law and justice party what's his government guilty of...
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commission had a say in the matter. we are not screeching extra hurdles at what we're doing is to make sure that when a company and that could be any company any company with market power with a recap nice asian bigger than 250000000 yours that's disturbance of competition is being remedies. the e.u. competition commissioner martin to divest are speaking there now the rescue deal for loved ones itself was months in the making and here is what the 9000000000 euro aid package will look like the german government will take an initial 20 percent stake in the company which it plans to sell by the end of 2023 now this stake could rise to a blocking minority of 25 percent plus one share in the event of a hostile takeover attempt finally there will be 3000000000 euros in government backed notes. now donald trump says his administration will begin eliminating special treatment for hong kong he has also announced a probe into chinese firms listed on u.s. financial markets mr trump made the announcement during his speech at the wh
commission had a say in the matter. we are not screeching extra hurdles at what we're doing is to make sure that when a company and that could be any company any company with market power with a recap nice asian bigger than 250000000 yours that's disturbance of competition is being remedies. the e.u. competition commissioner martin to divest are speaking there now the rescue deal for loved ones itself was months in the making and here is what the 9000000000 euro aid package will look like the...
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commission presents its aid package berlin and paris are rushing through a joint initiative for economic recovery in a bid to put this crippling face behind them. in a joint news conference with the french president chancellor angela merkel stressed the coronavirus pandemic is endangering european unity. more steps why the fund has to help ensure that all countries in the euro can react appropriately but . this requires an extraordinary one off effort which france and germany are ready to undertake but i think that if this is the result of bilateral work in cooperation with our partners i'm convinced that this plan provides the groundwork to revive our lives our economies and our societies. to offset the drastic decline in production transport and tourism across europe this development fund will get an injection of 500000000000 euro e.u. budget funds will be made available to the hardest hit regions and sectors. the overall plan is designed to strengthen the e.u.'s future viability of the m.d.c. rizzo's this will of course if this purpose invest in digitally they sin and the green deal t
commission presents its aid package berlin and paris are rushing through a joint initiative for economic recovery in a bid to put this crippling face behind them. in a joint news conference with the french president chancellor angela merkel stressed the coronavirus pandemic is endangering european unity. more steps why the fund has to help ensure that all countries in the euro can react appropriately but . this requires an extraordinary one off effort which france and germany are ready to...
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reporter: that soungeeds like support for the e.u. commission, whose economic recovery plan is being commissioned. the president is expected to president it -- present it next week. anchor: this is a big deal for the german chancellor to say to europe, you can use our excellent credit rating to help borrow money. i mean, is this a sign that the chancellor is warming up to president macron's grand vision of europe? >> this is a big deal for germany and has been a political taboo that idea of issuing joint
reporter: that soungeeds like support for the e.u. commission, whose economic recovery plan is being commissioned. the president is expected to president it -- present it next week. anchor: this is a big deal for the german chancellor to say to europe, you can use our excellent credit rating to help borrow money. i mean, is this a sign that the chancellor is warming up to president macron's grand vision of europe? >> this is a big deal for germany and has been a political taboo that idea...
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the e.u. commission says your new law think i'm muzzled isn't westfall if that's what you think they they say the e.u. commission says the new law undermines the judicial independence of polish judges it's not just their view it's the venice commission n.g.o.s human rights groups the parliamentary assembly of the council of europe are they all wrong have they all misunderstood poland poor public yes they they are all wrong that that's correct yes that's what i think they're not wrong mainly there's a split ical debate this is not about the rule of law this is not about the constitution this is about hungary and poland and mr trump this is what they do this is the standards well we're just talking about the polish one of the marble standard it's the outgoing president of your supremes court malgorzata gaz doth accused you of trying to accumulate excessive power she said for the last 5 years all the power has been in the hands of the ruling party who set the goal of destroying the independence o
the e.u. commission says your new law think i'm muzzled isn't westfall if that's what you think they they say the e.u. commission says the new law undermines the judicial independence of polish judges it's not just their view it's the venice commission n.g.o.s human rights groups the parliamentary assembly of the council of europe are they all wrong have they all misunderstood poland poor public yes they they are all wrong that that's correct yes that's what i think they're not wrong mainly...
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that sounds like support for the e.u. commission whose economic recovery plan is being drafted the commission's president is expected to present it next week let's take a look at some other stories making news around the world a group of labor unions has filed a complaint of systemic sexual harassment against the fast food giant mcdonald's the unions say workers were abused at restaurants in countries including the us britain and australia the chain insists it does not control working conditions and franchised outlets. members of the extremist group boko haram have killed at least 20 people in a village in northeastern nigeria eyewitnesses say the islamists stormed the village and began shooting just as people were preparing to break their ramadan fast at sundown boko haram has now been waging its insurgency for more than a decade. while germany is slowly easing out of coronavirus restrictions breathing life into the hard hit tourism sector beaches have reopened in the northern state of time a welcome boost for local busi
that sounds like support for the e.u. commission whose economic recovery plan is being drafted the commission's president is expected to present it next week let's take a look at some other stories making news around the world a group of labor unions has filed a complaint of systemic sexual harassment against the fast food giant mcdonald's the unions say workers were abused at restaurants in countries including the us britain and australia the chain insists it does not control working...
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i'm sumi so much scott it's good to have you with us e.u. commission president was enough on the line has announce a plan worth hundreds of billions of euros to help the bloc bounce back from the recession triggered by the coronavirus pandemic the plan calls for a recovery package worth 750000000000 euros which includes grants and loans for every e.u. member state for the line said the fund was an admissions answer to the massive economic crisis facing the bloc she also said that you have the choice of each country going it alone or responding together as a unified continent. the money will be raised by temporary lifting the only resources ceiling to allow the commission to use its very strong credit rating to borrow money on the financial markets this is an urgent and exceptional necessity for an urgent and exceptional crisis the next generation e.u. will invest in repairing our social fabric protect our single market help rebalancing balance sheets across your let's bring in our correspondent barbara following the story for us in the proce
i'm sumi so much scott it's good to have you with us e.u. commission president was enough on the line has announce a plan worth hundreds of billions of euros to help the bloc bounce back from the recession triggered by the coronavirus pandemic the plan calls for a recovery package worth 750000000000 euros which includes grants and loans for every e.u. member state for the line said the fund was an admissions answer to the massive economic crisis facing the bloc she also said that you have the...
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even before the e.u. commission presented its aid package they are passing a joint relief package to put this cripplili phase behind them. chancellor merkel stressed the coronavirus pandemic is endangering european unity. >> that's why the fund has to help ensure all countries in europe can react appropriately. this requires an extraordinary one-up effort which france and germany are ready to undertake. >> this is the result of bilateral work in cooperation with our partners. i'm convinced this plan provides the groundwork to revive our lives, economies and societies. reporter: to offset the drastic decline in tourism across europe, this development fund will get 500 billion euros. e.u. budget funds will be made available to the hardest hit. the overall plan is designed to strengthen the e.u.'s future viability. >> these resources will invest in the green deal. this will inspire a new dynamic for the future. in the field of health, we will aim of cooperation to apply what we have learned from this crisis
even before the e.u. commission presented its aid package they are passing a joint relief package to put this cripplili phase behind them. chancellor merkel stressed the coronavirus pandemic is endangering european unity. >> that's why the fund has to help ensure all countries in europe can react appropriately. this requires an extraordinary one-up effort which france and germany are ready to undertake. >> this is the result of bilateral work in cooperation with our partners. i'm...
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has welcomed this initiative but it involves joint e.u. borrowing as we've heard it's been a sticky issue up to now look at need for the viability of this plan. the e.u. the e.u. institutions of course but come this both move by the german chancellor because it means that the deadlock in europe can be overcome now but there's some hope that it's still in the wave because the provisions in the treaty see force see that the e.u. is not allowed to take out loans and is not allowed to borrow money and just hand them out to the countries there has been some cases in the past but a very small scale but now this is a new development and you need some very talented lawyer as in the legal services c n brussels to come up with a sound legal basis and for sure this will be challenged in european courts and also in german courts but the chancellor and also the french president is saying these are extraordinary circumstances we have to come up with something and italy and spain are already rather coming this step because this hints to the coronal bones
has welcomed this initiative but it involves joint e.u. borrowing as we've heard it's been a sticky issue up to now look at need for the viability of this plan. the e.u. the e.u. institutions of course but come this both move by the german chancellor because it means that the deadlock in europe can be overcome now but there's some hope that it's still in the wave because the provisions in the treaty see force see that the e.u. is not allowed to take out loans and is not allowed to borrow money...
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on tight that sounds like support for the e.u. commission whose economic recovery plan is being drafted the commission's president is expected to present it next week from on the story let's turn to our correspondent in brussels girl mater's how much of a shift in position is this in particular for chancellor angela merkel. bere if you listen to german chancellor angela merkel in the recent weeks closely she mentioned a number of times that germany is ready to provide more financial aid to european partners now mutual i debt clearly was not on the cards that the ra is age old and germany has been mainly against it but look the idea of this recovery fund using the e.u. budget as a back door if you want to introduce carone up on flight is not entirely new the head of the european commission has enough on the line has aired it a couple of weeks ago saying that it could be a marshall plan and i haven't heard of the german chancellor completely rule out that idea in fact she even mentioned a treaty change in the future if that's what i
on tight that sounds like support for the e.u. commission whose economic recovery plan is being drafted the commission's president is expected to present it next week from on the story let's turn to our correspondent in brussels girl mater's how much of a shift in position is this in particular for chancellor angela merkel. bere if you listen to german chancellor angela merkel in the recent weeks closely she mentioned a number of times that germany is ready to provide more financial aid to...
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that sounds like support for the e.u. commission whose economic recovery plan is being drafted the commission's president is expected to present it next week if more now let's bring in eric jones he's the director of european studies at johns hopkins university school of advanced international studies in belong italy and that is where he joins me this evening pervez or jones it's good to have you on the program 500000000000 euros some of it will not have to be paid back what about where you are will italy be able to live with this. well i think 500000000000 euros is a lot of money let's not kid ourselves it's a very small amount of money compared to the scale of the crisis that we face so i have to figure out how we're going to scale the gap between the number that's being offered right now and the number that's required i think italy will gratefully receive any support that it can get but but obviously if the crisis continues to deepen and italy is going to need more support in the future so let's hope that there is sign
that sounds like support for the e.u. commission whose economic recovery plan is being drafted the commission's president is expected to present it next week if more now let's bring in eric jones he's the director of european studies at johns hopkins university school of advanced international studies in belong italy and that is where he joins me this evening pervez or jones it's good to have you on the program 500000000000 euros some of it will not have to be paid back what about where you are...
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commission peter all of this taken a closer look at the spat. the coronavirus pandemic is putting pressures and strains on many relationships one of those that's feeling the pinch is not between brussels and when it comes to financial burden sharing in the eurozone germany's highest court said the european central bank's corona bond plan would need to prove it was fit for purpose if the single currency is largest economy was to take part the e.u. commission boss didn't like that one bit the recent ruling of the german constitutional court to put under the spotlight to ease use of the european union in the euro system and the european legal system the final word an e.u. law is always spoken in luxembourg nowhere else so with their well not quite that statement from a sort of on the line gave those that will be vying for the job of german chancellor next year when angela merkel calls it a day an opportunity to show just how tough they are the statement from the commission in particular the bar that a european law has takes precedence over national
commission peter all of this taken a closer look at the spat. the coronavirus pandemic is putting pressures and strains on many relationships one of those that's feeling the pinch is not between brussels and when it comes to financial burden sharing in the eurozone germany's highest court said the european central bank's corona bond plan would need to prove it was fit for purpose if the single currency is largest economy was to take part the e.u. commission boss didn't like that one bit the...
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to finance that fund precisely by borrowing money on behalf of the e.u. money that will not be paid by their specific states but there will be paid successively by e.u. budgets so it is that this has been certainly described as a shift in german politics it has been described as something very significant here in germany in particular because of that german long standing opposition to that idea of issuing joint debts that said it's important to stress that germany was not alone in that skepticism on that other countries as well were not necessarily in favor of that idea something that will probably see also when this joint french german proposal is discussed further in the european union. until as we heard that the money will mccrone he is appealing for more european sovereign she and uncle americal she is suggesting that european union treaty changes may be needed i mean these are not small things what do you make of this they are not small things and that idea of european sovereignty was mentioned specifically in the statement that was then sent by both
to finance that fund precisely by borrowing money on behalf of the e.u. money that will not be paid by their specific states but there will be paid successively by e.u. budgets so it is that this has been certainly described as a shift in german politics it has been described as something very significant here in germany in particular because of that german long standing opposition to that idea of issuing joint debts that said it's important to stress that germany was not alone in that...
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commission presents its aid package berlin and paris are rushing through a joint initiative for economic recovery in a bid to put this crippling face behind them. in a joint news conference with the french president chancellor angela merkel stressed the coronavirus pandemic is in danger in european unity. most are recovery that's why the fund has to help ensure that all countries in europe can react appropriately inspiration this requires an extraordinary one off effort also which france and germany are ready to undertake a funk but i think that if this is the result of bilateral work in cooperation with our partners i'm convinced that this plan provides the groundwork to revive our lives our economies and our societies. so it's not easy. to offset the drastic decline in production transport and tourism across europe this development fund will get an injection of 500000000000 euros e.u. budget funds will be made available to the hardest hit regions and sectors. the overall plan is designed to strengthen the e.u.'s future viability of team dean and use of these resources to live course se
commission presents its aid package berlin and paris are rushing through a joint initiative for economic recovery in a bid to put this crippling face behind them. in a joint news conference with the french president chancellor angela merkel stressed the coronavirus pandemic is in danger in european unity. most are recovery that's why the fund has to help ensure that all countries in europe can react appropriately inspiration this requires an extraordinary one off effort also which france and...
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only defeat that by resupply of vaccines and for that we need a good old to coordinate actions with e.u. commission president barroso the founder line launches a campaign to raise 7500000000 euros to fund the research also coming up the kenyan government banning entry to 2 refugee camps as fears grow over the spread of the virus but will it be enough to protect the hundreds of thousands of people who live there and south africans get some exercise as they celebrate being allowed to leave their homes they're locked down one of the strictest in the world is being teased. i'm sorry kelly welcome to the program but european union aims to raise 7500000000 euros next week to fund research into a vaccine for the coronavirus as well as developing new treatments and more efficient testing the e.u. commission says that the goal is to develop a vaccine treatment and tests that are available to all who need it and at an affordable price the hope is that the donors will continue to stump up funds in coming months so that the effort can be scaled up and help to pay the cost of distributing the vaccin
only defeat that by resupply of vaccines and for that we need a good old to coordinate actions with e.u. commission president barroso the founder line launches a campaign to raise 7500000000 euros to fund the research also coming up the kenyan government banning entry to 2 refugee camps as fears grow over the spread of the virus but will it be enough to protect the hundreds of thousands of people who live there and south africans get some exercise as they celebrate being allowed to leave their...
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come down to who blinks 1st lufthansa doesn't want to give those slots up on a full time basis the e.u. commission who usually have incredibly stringent rules when it comes to this type of thing of ease these things slightly in the post trying to get things back on track of the corona basically tons it's got a good deal to make it a better deal for themselves does seem like there will be a deal at some point in the future is just a matter of when so where exactly the. airlines operations have been reduced to one percent of normal operations amid the pandemic. well it leaves them annoying every other airline that isn't getting one of these bailouts one of the major low cost airlines in europe ryanair. out of ireland they've been very vocal particularly their c.e.o. michael michael o'leary never backwards about coming forwards he's described this bailout is another example of illegal state aid as he puts it saying it will give lost tons of it unfair advantage in the marketplace the german economy minister though he's the one that's been signing off a century on these checks that they put
come down to who blinks 1st lufthansa doesn't want to give those slots up on a full time basis the e.u. commission who usually have incredibly stringent rules when it comes to this type of thing of ease these things slightly in the post trying to get things back on track of the corona basically tons it's got a good deal to make it a better deal for themselves does seem like there will be a deal at some point in the future is just a matter of when so where exactly the. airlines operations have...
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commission competition regulators they said they would allow the 9000000000 german government bailout. if it was to relinquish these slots on a permanent basis so that was on monday tuesday wednesday the board of lufthansa got together and they said it's not really going to work for us we don't want to give those up on a full time basis what about if we did it temporarily they actually said in a statement that they were going to assess the economic impact of giving up those slots they also said in that same statement that this bailout was the only viable alternative to essentially the company going post sentient. is going to come down to who blinks 1st lufthansa doesn't want to give those slots up on a full time basis the e.u. commission who usually have incredibly stringent rules when it comes to this type of thing how of these things slightly in the post trying to get things back on track after corona basically lost tons it's got a good deal to make it a better deal for themselves does seem like there will be a deal at some point in the future is just a matter of when so where exact
commission competition regulators they said they would allow the 9000000000 german government bailout. if it was to relinquish these slots on a permanent basis so that was on monday tuesday wednesday the board of lufthansa got together and they said it's not really going to work for us we don't want to give those up on a full time basis what about if we did it temporarily they actually said in a statement that they were going to assess the economic impact of giving up those slots they also said...
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also coming up the e.u. commission is proposing the blogs budget for the coming years but a rift between countries over how to finance the recovery is threatening to derail plans and spain is hoping for towards the summer but will they visit a cunt. heavily hit by the coronavirus pendant. on chris colfer england welcome to the program the trading floor of the new york stock exchange has reopened that's after a closure of 2 months due to the corona virus and the sign of the times new york governor andrew cuomo more a face mask to ring the opening bell while the trading floor may be opening and it will not be business as usual the ongoing pandemic means traders are forced to wear masks and keep their distance from their colleagues. and the escort our man on wall street is they're not on the trading floor yet but outside the new york stock exchange yes what have traders been saying about this day well it was clearly an emotional moment by the way traders were also not allowed to use public transport so they had
also coming up the e.u. commission is proposing the blogs budget for the coming years but a rift between countries over how to finance the recovery is threatening to derail plans and spain is hoping for towards the summer but will they visit a cunt. heavily hit by the coronavirus pendant. on chris colfer england welcome to the program the trading floor of the new york stock exchange has reopened that's after a closure of 2 months due to the corona virus and the sign of the times new york...
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the european union has entered the deepest economic recession and its history the e.u. commission says the blocks economy is expected to contract by a massive 7.4 percent this year because of the coronavirus. also coming up as germany clears the way to ease more restrictions we take stock of how the lock down intact at the countries of the role economy. welcome to the business i want to get johnson the lend good to have you with us all economies around the. well they're grappling with the fallout from coronavirus lockdown measures in germany the all important manufacturing sector is among those hardest hit new figures show industrial orders in march fell by more than 15 percent the lowest level in 3 decades this has demanded those at home and abroad plunged as a result of the pandemic the things also look bad for the rest of the e.u. on wednesday the bloc released its spring forecast for 2020 it makes for grim reading with the expected contraction for the year set to comfortably be the biggest ever after more than 2 months of lockdown romans are slowly getting used to s
the european union has entered the deepest economic recession and its history the e.u. commission says the blocks economy is expected to contract by a massive 7.4 percent this year because of the coronavirus. also coming up as germany clears the way to ease more restrictions we take stock of how the lock down intact at the countries of the role economy. welcome to the business i want to get johnson the lend good to have you with us all economies around the. well they're grappling with the...
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what's the point of e.u. member states realize that it really meet each other so it's always difficult really doesn't cut it we will come out of this we're just from a corporation it's not as if scientists hardly any for a long time about a pandemic very hot but the politicians in many european countries didn't seem to take much notice the scale of the lack of preparation not becoming clear my guest this week of brussels is the european commission oklahoma.
what's the point of e.u. member states realize that it really meet each other so it's always difficult really doesn't cut it we will come out of this we're just from a corporation it's not as if scientists hardly any for a long time about a pandemic very hot but the politicians in many european countries didn't seem to take much notice the scale of the lack of preparation not becoming clear my guest this week of brussels is the european commission oklahoma.
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european commission president or the left on the line has unveiled 8750000000000 euro plan to help member states bounce back from the recession triggered by the coronavirus and them much of it will be funded by common e.u. debt a new approach for both by germany and france. the european union's massive recovery funding plan is aimed at helping member states hardest hit by the pandemic it's early and spain will get the lion's share. the commission president in brussels keen to play out europe's united approach the aim must be to invest together in our common good we will be bold by raising unprecedented amounts of funding at european level we will be focused by channeling the funding to the new priorities that will shape the future. in practice it's germany and france which are driving the plan and will provide most of the money german chancellor angela merkel for the 1st time accepting joint e.u. debt as part of a mutual recovery strategy. is of course this proposal contains elements of both what was discussed between germany and france as well as elements of the guarantees and loans that
european commission president or the left on the line has unveiled 8750000000000 euro plan to help member states bounce back from the recession triggered by the coronavirus and them much of it will be funded by common e.u. debt a new approach for both by germany and france. the european union's massive recovery funding plan is aimed at helping member states hardest hit by the pandemic it's early and spain will get the lion's share. the commission president in brussels keen to play out europe's...