to europe that's the question i'll be discussing with my guests it's a pleasure to welcome pam and she is a journalist for germany's topps daily newspaper and she says the swing to the right in austria is not an exception but the norm all of europe is shifting to the right. and with us as well as ron kaufman he is the w.'s eastern europe expert and he says if we end up positions itself as a right wing populist force in europe paris will respond with a stronger for europe than the populace surrounding victoria or bonn in central eastern europe in hungary would be left behind. and finally great to have matthew carney chick on the show once again he has austrian roots and is politico's chief european correspondent and he says austria's course is not a threat to europe but a threat to the vision of closer integration pushed by french president mccall and the e.u. commission so before we come to the implications for europe as a whole i'd like to talk a bit more about the causes of last week's election result and matthew carney chick let me start with you as an austrian mainstream partie

austria. is austria's swing to the right a threat to europe? that's the question i will be discussing with my guests. it is a pleasure to welcome ulrike herrmann, a journalist who says the swing to the right in austria is not an exception but the norm. all of europe is shifting to the right. with us well is -- as well is frank hofmann, dw's eastern expert. theays it austria moves to right, paris will respond with a .tronger core europe finally, great to have matthew karnitschnig on the show once again. he has austrian roots and his politico's chief european correspondent. issays austria plus threat closer integration. i would like to talk first about the causes of last week's election result. matthew karnitschnig, let me austrian. you as an mainstream parties have been governing together in the grand coalition in austria for what seems to many voters to be a near eternity. is this election result really about the issues, or is it in essence a protest by a lot of voters who say they are tired of political business as usual? matthew: i think that is definitely part of it. there has been

in europe how well do you think the europeans on distant who they are as opposed to articulating who they want to be or who they think they should be. you know there are several questions here that like to share with you first i mean what do we mean as europe is europe the e.u. is europe much broader i think it's very important in a way to clarify who to sort this out you know because usually when we mention europe people consider that it is only e.u. so the twenty eight order twenty seven if you consider that the u.k. still out but is only as a way to look at what europe means and as you may know you know my last job. before creating the global com past was as a director of education and you said the council of europe and the council of europe. comprise forty seven countries and member states including russia including turkey including. crane and many other counties that are not part of the e.u. well aware mr buswell let me have them and they're all my question because when we talk about the european identity or the european values which by the way while we're at the center of t

vision for a reformed france, leading europe on a much too greater integration. leading europe on a march to greater integration. my guess today is his minister for europe, it nathalie loiseau. having big visions is one thing. but how does emmanuel macron deliver, both here in france and in europe? nathalie loiseau, welcome to hardtalk. thank you. good morning. your president, emmanuel macron, seems to think he can single—handedly revive the european project. what, do you think makes him feel that way? i think first, he feels a need. there are expectations for more europe, but also a different europe. the challenges that we face on the continent are all bigger than what can be addressed by a single member state, be it migrations or climate change, terrorism, trade competition, all these challenges have to be addressed at the european level. and there is a very high expectation from the citizens to have a more efficient, more active, more dynamic europe. do you think there is a desire from the people of europe for, to use your phrase, "more europe"? if you look at the polls, euroba

asked the former head of the council of europe walter. stubborn kind of drive for independence has been met with a heavy spanish crackdown people fired at interested was kind of poor and. hard line resolved how should the european react to the crisis in a peaceful way i would be found after the clashes with passion in the region and an all time high brussels pomerado as solution well to shrimp are welcome to the show it's good to have you on our program now you were at the howell of the council of europe and very vocal in your support for e.u. unity but at the moment the continent has its problems for instance in spain got to lonia has voted for independence wildman dream it says a referendum was illegal clashes between the spanish police and independence supporters left more than eight hundred people wounded and the region has now gone on strike so in your opinion what's next will one side bag down or another spanish civil war on the carts it calls. that. i have been shocked by the force used by the police i fully understand that the spanish government wants to defend the territor

rules. passive investments are getting another boost in europe. is excited to increase investors from the u.s.. it will enable retirement savers and insurers to raise their exposure to etfs. .o speak is stephen cohen so great to have you on the program. thank you for joining us. i have brand-new, hot off the press bloomberg intelligence research saying that you are etfs may double to $2 trillion in five years on mifid ii. let's talk about growth. is that the sort of growth you expect as a result of mifid ii? and that alone. stephen: it is. and i think that mifid ii will play a big part in it. i don't think it is just that, as you have seen in the last few years, in the u.s., a shift towards utilizing etf's by all types of investors in their portfolios. i think there are broader ships going on, but mifid ii is one of the catalysts that should accelerate it in the coming years. nejra: what is it about mifid ii that could provide a positive catalyst? is it providing more transparency? the fact that fewer etf's might be traded simply over-the-counter? stephen: you can divide it broadly as

europe, as mentioned, emmanuel macron this very ambitious plan to reshape, certainly the eurozone part of the eu. britain will have left the eu anyway, that might make things a bit simpler in 18 months or so, is that made less likely by what is happening in germany? i don't know. who knows what is going to happen in the eu? the right of the md is of a piece into what's happening all over europe, we have been seeing far right parties gaining support and we have been seeing this revolt against the consensus, that has become this kind of big lump in the centre left and centre right, which is neoliberal economics, globalised economy, etc. my worry is that europe is going to perhaps restructure itself internally but close its borders more firmly outside. the first thing macron talked about in his speech was defence, security, borders. and of course, i merkel was damaged in part by her approach to immigration domestically. to me, that policy was the bright spot in a shockingly bad response by europe to the refugee crisis. but she paid a price for it. these are difficult things to work o

succeed for a secede from spain what would the impact be on spain and broader europe of course on the short end of the struction zora very closely you could make a case that a an independent gets alone you could very well survive if it's bigger than many member states of course more competition in taxation in europe in regulation in the long term is a good thing but of course a very important condition for independence and secession to be an economic success is that it happened species fully and that's not clear at all to moment unfortunately it looks like both sides are books and or books themselves into more extremist positions and that's very worrying frankly michael i wanted to ask you this because there was one study by the dutch bank i n. g. that the financial impacts of this movement if it is successful would far eclipse even the dire forecast we're hearing on breck's it do you you studied these independents movements are they that costly. it depends exactly what policies are going to be followed i actually don't agree that competition and regulation would be a good thing there

a professional contract in europe. i have. that's more like it hold your head high believe in your dream and you can achieve anything no matter how hot welcome to kick off life against all odds. makers arrington from kick off and welcome to the. maybe not but. to meet. he is that's a place that. i want to learn more about he and of course more about his culture. before meeting leon i hit downtown to talk of some locals. you know this is. reggae music to my ears. but where is he from. the union. i. mean the guns you have. i don't know jimi. meeting up with. dreadlocks. she doesn't have dreads anyway but one brit kind of feel good in pete way. sort of first thing i want to know is how. they didn't know that yeah i've been around some jamaicans and you know a lot of it i would call trying to. explain his nickname explain chippy where did that come from. my dad gave me the name and we just started before. he's just like yeah you know you look like. i've been i mean i've been from the i've been on chipmunks move yeah let's see if he does. everybody have been on the chipmunks until it wa

damien: hello, and welcome to "fokus on europe." this week i am in berlin. i am damien mcguinness. the parliament is about to vote in the building behind me. right now, angela merkel's party is set to win. but her challenger, martin schultz, is not giving up the fight so easily. his supporters are doing all they can to persuade undecided voters to choose a new, left-wing government. historically, unna is a mining town and a social democrat stronghold. there is a keen sense of community here in the ruhr valley. but the mines were closed a long time ago and party membership is shrinking. new recruits are desperately needed. people like 23-year-old sebastian kratzel. he's a student, and joined the social democrat party a few weeks ago. >> for me, the spd represents social fairness. people who are not so elitist. ifo comfortable with the spd. damien: so does horst brinkhoff. he has been a member for 50 years. today they're both here to see martin schulz, who's on the campaign trail. >> let's hope we can mobilize enough people. >> i hope so, too. the turnout here looks pretty good. dam

its shareholder payout after nearly three years of absence as the largest retailer in europe sees strong growth in sales and profit >> we looked at how we could become more competitive for customers. the volume increased that we could give suppliers, we changed some of the business shape and the costs. >>> the eu is expected to slap amazon with hundreds of millions of euros in back taxes as it concludes its investigation into the tax arrangement with luxembourg >>> good morning great to have you with us on the show once again. just want to get through some data talking about the eurozone pmi's for the month of september the pmi print came in at 55.7. it seems according to market, the firms in the eurozone built up a big backlog of work, that's encouraging. we had a couple of individual pmis this morning from spain, for example, very interesting given the latest political woes in the country it was the september number, it didn't quite incorporate the events of the last one or two weeks that number at 56.7. that was stronger than expected. the french number, 57 for the services sid

that's what is happening the blade a point about this is that you don't feel that the europe you joined is a valid europe anymore you say your government now apparently sees itself as protector of european values your prime minister said twenty seven years ago here in central europe we believe that europe was our future today we feel that we are the future so why do such as you what you've suggested here this from a man who boasted in twenty four to you know what i mean a real king with the dogmas and ideologies that have been adopted by your question suggested something which is completely untrue. we are not breaking away from the european values and the perception we had we stick to it and that's the difference others are trying to make is something different we have agreed to you believe that you are the future of europe we believe that that hundred that's quite a tall order for one goal geopolitical but hungary is not standing alone i mean if you take a look as for the past especially two years what are the bad boys in the european union you can name that better let's let's t

rules. let's kick this show off with etf's. passive investments are getting a boost in europe. mifid ii is expected to increase flows from retail investors in the u.s. the fiduciary duty and new guidelines will raise their exposure to etf's. to talk about the impact that mifid ii will have on etf's in europe, steven coen at blackrock. stephen, so great to have you on the program. i have brand-new hot off the press intelligence research saying europe etf's may double to $2 trillion in five years on mifid ii. let's talk about growth. is that the sort of growth you expect as a result of mifid ii? >> it is the kind of growth we expect. mifid ii will play a big part in it. you are seeing as you have over the last two years in the u.s., a shift towards utilizing etf's by all types of investors in their portfolios. mifid ii is one of the catalysts that should accelerated. nejra: what is it about mifid ii that could provide a positive catalyst. more transparency, the fact that fewer etf's might be traded simply over-the-counter? stephen: you can divided broadly as a relates to etf's into two

countries. "bloomberg daybreak: europe thank you. thank you. there is no movement in spanish features that indicate we will see anything as an outside downsized move at the moment. it looks very much in line with the rest of europe. the front of center story for us in europe. as matt already indicated, it will get more complicated as we work our way through the next 90 minutes. we have under 90 minutes until we have catalonia making that decision, the spanish government have given the catalonian president until time a.m. -- time.a.m. local this is what the -- matt was talking about. if that were to happen then that hashen charles puigdemont been pushed to say we will unambiguously declare independence. how do we think the next few minutes are going to go, what can we expect over the next hour or so? headlines,re getting the president saying if our economy gets -- if we get suspended -- this kid make it more -- could make it more complicated. if the economy gets suspended and there is a unilateral republic he declared. something that he is doing and puttingimself time and rajoy under p

europe it was predicted long before the arab spring it was added in from the demographic and economic trends and yet somehow that knowledge was never incorporated into your western decisionmaking during the vance in libya back in two thousand and eleven and the ensuing destabilisation of north africa how do you explain that why why do you think europe didn't see it coming because governments typically are capable of dealing with a problem one. part of the problem at the time there is no evidence in most of the crisis around that part of the world that is what i call. second and third order thinking in other words the objective was to bring down khadafy maybe there were some voices that said ok then what happens to all of those people who are only in libya because at that time there were one point five million people foreign workers who were working in libya but at the time the only thing that everybody was trying to do is remove gadhafi now the world is now faced with record numbers of both refugees and internally displaced people and i think it's impossible to dispute that a

bringing north korean players to europe for ten years he's not keen on an interview though as a form of footballer things everything has been said already. i was quite interested in how his recruitment model works though. among the players he brought in his partner could even lived with the businessman. mentioning my conversation with messily to park certainly helps lighten the mood. but you know i know because he lived in his house for a year and. he's my best friend yeah the club has set me a condition questions are limited to the topics sport and culture so what differences does parker notice between europe and his home country. club is his no . i don't know about that. they do something all of us together but then europe is more individual. i feel. this is. another one who knows both cultures as well as north korea's national team coach young on the scene who has plenty of policy experience for the norwegian also scouts players for european clubs and. sometimes i can talk with him and ask many. players and. so i explain you know. you're living. this one is whether. it's. just two mo

europe didn't see it coming because governments typically are capable of dealing with a problem one. part of the problem at the time there is no evidence in most of the crisis around that part of the world that is what i call second and third order thinking in other words the objective was to bring down khadafy maybe there were some voices that said ok then what happens to all of those people who are only in libya because at that time there were one point five million people foreign workers who were working in libya but at the time the only thing that everybody was trying to do is remove gadhafi now the world is now faced with record numbers of both refugees and internally displaced people and i think it's impossible to dispute that at least some of those numbers came as a result of those humanitarian or pseudo humanitarian interventions putting politics and blame game aside do you think the numbers are high enough to dissuade potential interventions like that i do think the temptation will still be there when the world is once again faced with another quote unquote dictator well li

about the impact that mifid ii will have on etf's in europe, stephen, so great to have you on the program. i have brand-new hot off the press intelligence research to $2 etf's may double trillion in five years on mifid ii. let's talk about growth. is that the sort of growth you expect as a result of mifid ii? >> it is the kind of growth we expect. mifid ii will play a big part in it. you are seeing as you have over the last two years in the u.s., a shift towards utilizing etf's by all types of investors in their portfolios. mifid ii is one of the catalysts that should accelerated. nejra: what is it about mifid ii that could provide a positive catalyst. more transparency, the fact that fewer etf's might be traded over-the-counter? can divided broadly as a relates to etf's into two camps. one is the impact on and investors and retail investors and the other is more around the trading infrastructure and ecosystem that mifid ii is going to drive. a lot of it is about transparency. if we think about retail, investors, traitor jet -- greater transparency, it is changing the portfolios t

truck. onto the roof. in the rain where do you want to go over to europe where a luxury many life. like hundreds of thousands of others the brothers home out there and i. trying to reach europe since the beginning of two thousand and fourteen at least two hundred thousand unaccompanied child migrants have managed to cross europe's borders but according to the authorities at least ten thousand of these children have fan issues on route and one estimate of unreported cases puts the figure at twice even three times that. who are these children and how did they manage to make themselves invisible we followed their trail from spain italy and greece across europe and often found ourselves straying into dangerous parallel worlds. in the in the evening in. malaya the spanish enclave on the coast of north africa which shares a border with morocco. there are around three hundred unaccompanied child migrants here at the moment. we start our search in a place where we can be sure of finding some lab is a reception center for boys traveling alone most american and only come here occasionally i

quarterly growth since 2014. and draghi's stimulus plan helps insulate europe from political chaos in spain. we begin with the big issue. it could be the moment of truth for the bond bull market. >> it has been the graveyard of investment strategists for the last two or three years. >> i certainly think they have a right to be a bit cautious or unnerved at this point. it certainly seems the bias for rates is upward. >> the bond market has been in a 30-year bull trend. that has bailed out a lot of bond investors. yields keep going down and returns are good. >> hate to argue with him, but i think he is maybe too pessimistic about where bonds are. we will be in a 2.4% to 2.7% sort of range. >> we are in an environment where you will definitely see those bond yields head back towards to 2.6% or 2.7% level. but i am very pessimistic about the probability we can get higher than that. >> it is just a question of pace and path. how fast is that going to happen? we don't think it is going to happen extremely fast. the path is higher. i do not think it will be overly destructive in that sense.

adamant in the patience stick to the timeline you know what it's legalized has returned to europe after a sad decision by the british to leave the european union these negotiations are important and will conduct them in such a way that there is as little damage as possible for us here in germany. back in brussels face shook hands again this was the fifth round of talks the clock is still ticking. and you're up to date with live from berlin i'll be back at the top of the hour with more world news followed by the day i have you can join us for that. make your smart t.v. and smarter with of course more. what you want when you want it. up to date. extraordinary. debt. you decide what's on. find out more head to w dot com smart. i don't want to talk about our families and if we had a family we wouldn't be here. telling my you got here. i climbed on to a truck. onto the earth. where do you want to go. to europe where a lot of money like. you're like hundreds of thousands of others the brothers hamas and trying to reach europe since the beginning of two thousand and fourteen at least two hundr

that europe is still searching for that identity but i don't think this is the kind of view that we get here in russia because we actually think many people think here in russia that the europe is setting out to impose its values on the other countries. i don't think that europe or the e.u. is trying to impose its values it is indeed trying to promote its own set of values and i think it is important you know way to bring together and to create this esprit de corps among europeans and the way i think europeans can be proud of some specific and important achievement by the e.u. if you take for instance the leading role of the u.s. played for instance in the paris agreement on climate change i think you know there are a few specific positioning on global issues where europe is trying to come up with a set of common values and i don't see we can say we should say that it is trying to impose whatever minister but i agree with your point that there have been many achievements by the european countries and there are many values that people are quite naturally and genuinely are aspiring to

comley, i am senior vice president here at csis and have the privilege of leading our europe research. we are absolutely delighted to be able to welcome her excellency, minister for the armed forces of france. she accepted her responsibilities on june 21 of this year so four months into the job, and as she arrived here in washington, france has produced its strategic review of defense and national security, a document that i certainly encourage all to read because as one of america's closest military security and foreign policy partners, this document articulates some of the great challenges of our time and the french priorities and how to focus on those. before i welcome the minister to the podium, the minister has had such a distinguished career in public service, serving as a senior budget advisor but also holding very senior positions at air france and the state owned railroad company. the minister knows logistics and brings that skill set to the ministry. before i turn this over to her, i want to pause for a moment. i would like to reflect over the events of the past few weeks. o

lumia so that cannot be answered fire just by police force other calls for dialogue i hope europe will be able to moderate such a dialogue between many central government and. the government of kut the lumia so the main issue between the main bone of contention between catalonia and the central government is fiscal policy council on one control over their taxes something that the basques have for instance so it's not impossible why not just give them that one that suits the tensions. this could be the outcome of a fruitful dialogue. i don't think that the supporters of cut the loons knew that the long years nineteen independence extremists. they want like everybody else in europe to live in peace and to decide on their own. affairs so compromise should people feasible and i call upon to both sides to be ready to such a dialogue you know in carrying down and the united kingdom central government allowed secession referendums tribute them whether respect and personated people to state peacefully why didn't the same happen in spain. just to just to declare it's illegal is this not en

. let's kick this show off with etf's. passive investments are getting a boost in europe. mifid ii is expected to increase flows from retail investors in the u.s. the fiduciary duty and new guidelines will raise their exposure to etf's. to talk about the impact that mifid ii will have on etf's in coen atsteven blackrock. stephen, so great to have you on the program. i have brand-new hot off the press intelligence research saying europe etf's may double to $2 trillion in five years on mifid ii. let's talk about growth. is that the sort of growth you expect as a result of mifid ii? >> it is the kind of growth we expect. mifid ii will play a big part in it. you are seeing as you have over the last two years in the u.s., a shift towards utilizing etf's by all types of investors in their portfolios. mifid ii is one of the catalysts that should accelerated. nejra: what is it about mifid ii that could provide a positive catalyst. more transparency, the fact that fewer etf's might be traded simply over-the-counter? stephen: you can divided broadly as a relates to etf's into two camps. one is

sister and brothers they used the balkan route passing through turkey and southern europe shortly afterwards that route was closed i took that the session off leaving because of some security reasons i was obliged to though that like any other person was a life to leave his whole city this country. it all began in syria for two years masuda kill filmed and photographed the conflict. first. move to put down a popular uprising. later the so-called islamic state came on the scene setting up a brutal regime in parts of syria and iraq during this film we're using masuda kill zone footage from syria. we couldn't believe that in the twenty first century or of this time that something could have been a big a big area could be attacked by isis and thousands of people how it could be that they would be kidnapped and we made some pictures in the beginning and later we stopped covering and we started to help the people. in august twenty fourth teen thousands of iraqi kurds most of the muzi days fled to syria they were leaving their homeland in center where i asked was carrying out a genocide