Approach with not doing that you know if its so we want to link all those reforms with that instrument and i think that is a very smart proposal and it can be a bridge for all those that need to converge with their diverging interests we. Should publish but most good and i completely agree with the chancellor sic whats important is that this Recovery Fund to be a fish and in order to be efficient at needs to have a budget to comply with steven he departed east and hes been validated. Consul is 250. 00 billions of. Guarantees sure. That their European Investment bank and its place we all know why it is that the those are the long compliments badly need and also those grand exist. That our departure terry subsidies for as an artist its 100 species to digital of course add it to the existing data plan. Act it is small because its only difference between the countrys Interest Rates and when the Interest Rate of the loan and the unit is equal to that it is if it interests it rates are different because we have a mana efficient Monetary Policy that we need to have virgins of the Interest Rate for a comma and then we judge it was in order to be completely through before everything needs to. Those are in a measure so i think of 500 grants and 250 loans is really the right mix it up to do you agree with articulations on the european semester and moment. We are working together with all our partners because you dont know it and you shall be sure you know the frugal countries we talked about lets not forget it is our trees that are no net beneficiary of the. Market and to remark. That they have participated and. The common space to profit from it so it is not an interest back to some of the Member States important. To the city to be empathic to test it was to get its solidarity but its also in their own interest they get the big. Youve been watching a press conference with german chancellor Angela Merkel and french president emmanuel my call at night is about palace north of laden Political Correspondent tara Thomas Sparrow was following all of that for us and is here to talk to us about it thomas material aid is standing. Signed by side they obviously not just physically but politically and diplomatically they spoke of strong Franco German relationships took us through some of the highlights so that was one of the key components that idea that the german french relationship is a strong one im going to call stressing once again that this is something that will impact the future in particular that Recovery Fund whereas president called stressing that the french german plan that was presented in may was not the result simply of a few weeks planning but a few years planning a few years in which both countries pledged devoured to Work Together as an e. U. Level and to cry and make sure that they can impact in many ways the e. U. s recovery in different fronts both leaders addressed other issues as well that are at stake so not only the coronavirus recovery but also for example relationship to china or Climate Emergency what with that was one particular case that they also discussed so they will also be discussing because the meeting is not over they will follow this press conference with with an evening meal where they will continue to discuss all these issues as well as the European Unions role internationally so that was certainly one key element im just before the press conference started i had mentioned that one of the elements that i expected to get from that press conference was how germany and france how the 2 lead us could actually convince some of the other e. U. Countries are a bit skeptical of that e. U. Recovery plan we heard some of those details in the question that came just before the break on the final question there and im going to stressing that that can be actually linked to concrete reforms that can be affected or can be imported into specific countries and that will be one key element how for example you could try and convince those skeptical countries youre talking here about the skeptical cunt countries described as a frugal for so netherlands austria sweden and denmark where as president might call it stressing once again that this has to be tied to this mix between grants. On the one hand and on the other hand loans in the dock would be an element with which those 2 countries with which france and germany could actually try and convince those countries are not as not as convinced as germany and france are. In one of our answers im going michael talked about the financing of the vaccine can you tell us a little bit more about that the e. U. Approach to the financing of a potential vaccine that has also been one issue that has been instrumental i would say in german french policy at least in the last few weeks obviously that has been a key element also on an e. U. Perspective this is not something necessarily new and that comes hand in hand with that idea that was presented also of a sort of e. U. Sovereignty when it comes to to trying to push forward these elements that are important from a Public Health perspective from a political perspective as well so this is something that germany and france have also been trying to push forward its not only as i say about that e. U. Recovery fund its about many other measures that both leaders are trying to implement and one of those measures is obviously the development of a vaccine both countries working together on that front as well other countries have joined as well in that front the goal they obviously is to have. The element behind germany and france to try and push this forward at a european level as well. And as you mentioned the meeting will be ongoing of course this is just the initial press conference so well be looking forward to say what comes out of tonights dinner but for now Thomas Barrett thank you very much for the analysis. Turning now to pakistan where all foreign is a valid to wipe out any group found responsible for a deadly terror attack on quran cheese Stock Exchange on monday police said at least 7 people were killed in the insulting clued in for militants a group linked to the pollution stan Liberation Army says it carried out the attack. The real reason was that. The attack was filmed by an eyewitness from across the road a little bit earlier and. Another gunman was captured on closed circuit t. V. In the parking lot of corrupt the Stock Exchange. Pakistani Authorities Say the 4 gunmen attacked security guards with grenades but were killed before they were able to gain access to the Main Building where more than 1000 traders and staff were working. Id say what the creep in this particular but today after 10 oclock in the morning the gunshots echoed and there was a sound of an explosive just like firecrackers it was already just continued for about 20 minutes we locked ourselves inside our office for safety reasons safety for the safety is it well all the people working inside the Stock Exchange remained unharmed at least 3 people 2 guards and a Police Officer were killed in the attack police found large supplies of ammunition explosives and food on the militants they say its possible the attackers had planned a long siege. And a 100 little thank god a huge disaster could have occurred which has been averted but life is back to normal markets are open theres no need for any concern right now our own Security Police enforcement and agencies together averted a huge casualty toll today. The assault was later claimed by the baluchistan Liberation Army the separatist group has been responsible for a string of attacks at reason years demanding independence from pakistan for the resource rich baluchistan province. Im now joined by calling from asia desk what more can you tell us about this group have climbed a climb to this attack. Well as the name suggests baluchistan Liberation Army is a militant Group Fighting to liberate baluchistan province from pakistan they believed in baluchistan has not been receiving it do rights. Province biggest province in terms of india and pakistan rich in Mineral Resources like copper and gold it borders of ghana stan and iran but the army believe that this group has the backing of india that india is supporting them sheltering them providing them support. And this group should a statement earlier today saying that they carried out this attack and they said the target was pakistans economy because the Stock Exchange is a symbol of investment and so on so forth and they said the other target was china because china is very active in the province Building Infrastructure projects and a seaport and these below which militants see china strengthening the pakistani Central Government at the expense of. Rights and. Activists in karachi has in the past been linked to extremist violence whats behind that well in the past the violence in karachi was more of a political at times it was. Driven by al qaeda and taliban militants islamist militants if you will. But the Pakistani Security forces carried out a massive operation in pakistans northwest and essentially claire many of these groups and thats why in the last 34 years weve seen relative calm i mean we dont see suicide bombings and these kind of attacks so this is happened after a long time and discipline obviously be concerning for Pakistani Security agencies to make sure that this doesnt happen again. And now is the attack on the financial hard on the Stock Exchange itself likely to shake confidence in pakistans Financial Health. Well pakistans Financial Health was already quite bad even before the grown up and then new pandemic came along. Recovery has hit rock bottom. Projected growth Economic Growth for next year could go into negative it is already in an i. M. F. Program employment is growing so economy is sinking and this attack on the Stock Exchange will be varying because it bit concerned Foreign Investors as domestic investors about the state of Affairs Overall chance of healing from asia desk thank you very much for the analysis. And just a reminder of the top story were following for you have german chancellor Angela Merkel and french president i knew in my call have been holding talks north of bilin they stressed strong Franco German times says they made efforts to convince all a new members to back a 750000000000 euro Coronavirus Rescue Fund germany assumes the rotating European Council presidency in just 2 days and they did as had to hold a crucial summit in 2 and a half weeks time. Youre watching state of the news well have more News Headlines at the top of the alan Moore MedicalNews Conference at the top of the hour dont forget you can get the latest news and information on our website at state of the dot com im rebecca rooted in the 10th season. In a globalized world. Where everything is connected. Only takes discoursed to set things in motion. Local hero show called their ideas can change the world. Global 3000. Next on d w. To lead it in the blood. In love in america missing children and lead our dog over the ground every. Day its Mining Operations are taking a heavy toll on the president some even pay with their lives. But as long as the International Demand for the resources future rises south americas mining will continue. Conflicts long d. W. Oh. My god just some of our. Food for the russian soul. Steve. So many different walks of life. Some are. Oddly tried but all of them come straight from the heart just want to see you because theres no more delusion the marsh the internet come. From the fish. To their final resting place the russians d. W. Documentary. Welcome to global 3000 south africas townships of waging war on illegal garbage dumps we find out. We meet a monk in tokyo who believes that would approve of his openly individual knife style. But 1st homophobia is on the rise in poland