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tv   DW News  Deutsche Welle  July 2, 2019 8:00pm-8:16pm CEST

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responsible for everything in european day to day policies in the working of this huge machinery 30000 people i mean you really have to rule them you really have to sort of sexual priorities you have to sort of figure out what's the tone you set you have to figure out how much power do you really have with the outer limits of your power and you have to figure out how do you can you bridge some of those deep divisions are some countries maybe even really breaking away from the european union and so to going a different way will we see after breakfast for the splits and yes breck's it that's the 1st thing she will have to deal with this fall because the 31st of october when britain is officially leaving on the current deadline leaving the e.u. the new after midnight the new commission president comes in and congratulations i mean that is a poison chalice among many other things she has to deal was and so it may be boris
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johnson as the next prime minister she will have at the table as so she really has her job cut out there is no way for a no place for envy in this i mean this is a really international top job this is the big prize however it is also be going to be very hard and very difficult she's going to need all her toughness to survive this all right 1st she'll have to get past part of course barbara vessels for us in brussels thank you barbara come back till a bit later well let's talk about one of the other big posts she's the head of the i.m.f. the world's 3rd most powerful woman according to forbes magazine now it looks like she'll become president of the european central bank christine legarde her career might lead her to frankfurt and in her potential new position at least one thing will be familiar to her. christine lagarde certainly used to being labeled as the 1st woman to. for example she was the 1st woman to become finance minister in france in that position she burnished her credentials as an international
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stateswoman during the financial crisis she played a key role in the global response as markets collapsed. valuable experience that certainly helped her get elected as head of the i.m.f. and 2011 also was the 1st woman ever to biggest challenge in that job of handling the greek debt crisis. in 2016 a french court convicted her of allowing the misuse of public funds as french finance minister she had approved the payout to a businessman but like guards didn't have to serve a sentence and the i.m.f. stood by its director. now she is stepping down to become president of the european central bank of course as the 1st woman ever. all right let's talk more about christine legarde with christoph copper from the business christopher christine legarde we all know her name she certainly has the
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credentials for this job doesn't she she does i mean we just heard in the report she was france's economics and finance minister during crucial years that is from 2007 to 2011 so she steered the country through the the impact of the financial crisis certainly earn her merits there she's been at the i.m.f. since 2011. and you know when it comes to monetary policy some people might say well you know she she might not know or way around this particular aspect of finance but we have to keep in mind whenever finance ministers whenever heads of central banks were meeting she was there she was she certainly knows the talk of the town so she does have the credentials to be in such a such a high position when it comes to the financial world about monetary policy in
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a moment the 1st thought i think this is a step down would it be if she's confirmed a step down for christine legarde to go from the i.m.f. to the acb well i don't think so because. you know fair enough that the i.m.f. might have greater influence when it comes to to the to the world on a global scale however the head of the central european central bank has had so much not just economic but also political power in recent years with the economic slowdown but the with the ripple effects of the economic crisis from 2009 so this post really wields a lot of political influence maybe more than just the name being the head of a century. bank might suggest yet is one of the biggest economic regions in the world isn't europe ok you mention monetary policy what do you think we could expect from christina garden when it comes to policy in the well there might be a negative bias towards her when we look at a come as countries like germany for example that are known to have
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a sort of more conservative more hawkish approach when it comes to to monetary policy you know less accommodative less creative so christine legarde for example has been calling for a haircut for debt relief in the greek debt crisis that's something that you know german the majority of german politicians fiercely opposed but christina guard was a person who said well we have to relieve greece at least of some of its debt so that the country can actually get back on its get back on its feet so there is the possibility that that she might continue the somewhat more accommodative more creative some people might call it monetary policy of mario draghi has been has been having these for the last years certainly monetary policy hawks german conservative politicians for that for that matter they would've much rather seen
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the head of the bundesbank vitamin being promoted to the head of the zeevi but quite apparently your leaders decided differently one more question christophe what would she face if you take on this post of the head of the city we should say the buzzword now italy its finances are in a dire state machine would have a tall task ahead that is true however i feel that italy is also a very political discussion the discussion rages between rome and brussels for that matter i think what she is facing is does the europe the e.u. economy within the eurozone how does it cope with the slowdown of the global economy what do we do about that i mean if we look at the. reserve in the united states if we look at the european central bank there is again talk about. monetary easing you know how to how to stimulate growth how to get the economy going again so no easy task certainly for here for her should she become the next president of
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the european central bank indeed but she's well positioned to take on those challenges it seems are a christopher koper from the business thanks so much. are at the let's get more on this now with max huffman he is an strasburg where the european parliament is situated of max so good to see you so we've heard now we have this confirmation of these nominees from e.u. leaders we've heard that there's a little bit of a revolt there among european parliament lawmakers that they're not so happy about some of these choices is that true what's happening there. well remember especially the well the proposal in this case for commission president was enough on the line has to be approved by the european parliament and the european parliament insisted that they would only approve someone who previously was a lead candidate during the campaign the german word for it that everybody uses now is bits and county da so this is not a spits and cut it out was
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a left on the line so things get complicated things get complicated in her own party the european people's party the conservative party in this case even though she is from the same party the e.p. p. had insisted no one else but the lead candidate their lead candidate was monthly who by the way has announced this evening that he no longer wants this mandate as a spitz and county does so maybe they can get the e.p.b. on board because after after all fun the lion is from the same party but now we have to talk about the social democrats now imagine you're a social democrat and up until yesterday it looked like your lead candidate plans to moments was going to be president of the e.u. commission once of a sudden the tables turn and you have holes enough on the line being the proposal so you can imagine the social democrats are very disappointed and in the press releases we've seen so far they say that it was enough on the line is not acceptable i'm quoting here so this will be
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a long fight they still have 2 weeks to convince them because in 2 weeks this will be approved or not by the european parliament but it will be very very difficult because if the european parliament approves from the law and they're in a way giving up some of their credibility some of their authority because previously they insisted so much that it had to be a so-called shits in tony does what if they don't approve and i find a line next what happens then i went right back where we started. then she won't become commission president and then we are indeed back to square one and then you can say we have an institutional crisis in the european union we're not there yet this is a game we've seen before although not played as tough as this time so we often have the european parliament saying they won't do this they won't do that but when leaders decide something in the end they approved this is because it's all the
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leaders in brussels they are part of some party family and they did talk to parliamentarians during those long negotiations in brussels so somebody on the social democratic side had to say yes we think we can make this fly for a good angle pedro sanchez the prime minister of spain he approved this so he needed to talk to us at least a spanish delegation but the sounds we're hearing from the social democrats here in strasburg tell a very different story so far max you've been in brussels the past 2 days covering these the 3 days of negotiations essentially what do you make of this final package of nominations that has come from the leaders. it's one of your typical e.u. backroom deals and that's why so many people are disappointed especially the e.u. parliament tried to have a transparent process that's why they installed the spits and kind of process where you have a lead candidate for each of the groups in parliament for the social democrats or
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the conservatives so to give people a choice whom they're actually voting for the problem with is is it's nowhere written it's not formally anchored in any of the treaties that's by the way why the french president in modern in my call said i don't care about this process it's not the law why should we follow it it's flawed nevertheless for the european parliament it was a good chance to gain more power in the whole process but this definitely with the package we have now is over so you can say that this process as failed and it doesn't make the leaders that did this backroom deal really a classic backroom deal in brussels look good facts despite the dissent there and strong do you think was a funded line was the right compromise to be the nominee for this post for a commission president. she was the only compromise there were so many names floated those past 3 days and. busy now we're talking about the majority that the
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commission president needs here in stroudsburg us one of the majorities but you need a double majority to become commission president here in strasbourg at the parliament but also with the leaders so step 2 is the parliament but step one proved so difficult that it was enough undeniably was the only choice in the end comes to moments the social democratic candidate didn't fly monthly they have the official conservative lead candidate from the same party as. didn't fly. give it to this dog who was sort of the shits and cut it out for the liberals didn't fly we heard other names for example michelle had on you who was the bragg's it negotiator for the e.u. commission didn't fly so. whatever you think it was enough when the lion she was the only one who mustered a majority in the council all right our correspondent max half an hour with the european parliament there in strasbourg their ball now moves to the parliament's court all right max thank you very much we'll talk to
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a bit later in the evening. and let's go back to our political correspondent thomas ferro here in berlin thomas we've been talking about was left on the line we heard max just say there she was the only candidate really who was the compromise between everyone no e.u. leaders there in europe would tell us more about her position here in germany how she's seen you mentioned before that she's very her post and defense minister her time as defense minister has been very controversial tell us more about that the fact that she got she managed that she managed to become that compromise figure has to do obviously with her profile the fact that she's seen someone staunchly european she was born in belgium schooled in belgium the fact that she has also proposed as a high ranking politician more european unity more european integration for example in defense or security those were elements that certainly helped her nomination she was also favored not only by germany obviously by france as well the fact that she
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speaks fluent french but also remarkably from some of the eastern european countries who hadn't been very much in favor of other candidates they supported on the line as well unfolding in particular of the vishay grabbed states so that was the reason why. our correspondent in brussels just said managed to get at least most of the those favorable opinions that lead ultimately to her nomination when we think about it was enough on the line here in germany you have to consider her role as germany's defense minister very very difficult position probably one of the most difficult position in germany's cabinet and that has to do with the fact that the duties that that person has a duty is that it was enough on deadline has related to the very difficult state the german military is now and has been in the past a few years i already mentioned a few minutes ago the fact that there is widespread criticism about germany's
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military capability and. rigidness and that goes hand in hand with something that was enough to underline has tried to present she on the one hand has tried to as the improve the capabilities of the military and on the other hand she has tried to present a vision of a germany that is more and more ready to act internationally more and more ready to lead also on an international stage not going to last surely but something that she described a few years ago as leading from the center and otherwise in other words leading alongside other liberal countries something that she stressed in the past as i said under something that in a way could help her position if she is indeed chosen as the head of the european commission. the dutch social democrat of france to months because particularly of his more open position on migration but was not funded that we should say she was a very supportive stood behind trance americal and her policy towards migration and
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refugees during the migration a crisis here in 2015 wasn't she.


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