Rbs reports earnings this morning. The lender looking to bounce back from the biggest tank bailout in history. In breaking now, europes Biggest Phone Company thought to Telecom Reports earnings. Well bring you the numbers. Hello and welcome to countdown. Also coming up today, janet yellen sparred with republican lawmakers in her testimony before the house yesterday. We will tell you what the Federal Reserve chair had to say in those pushing for more congressional oversight over central bank. Greece has bought time of its economic Bailout Program. Bloomberg had the opportunity to sit down with the finance minister and he detailed the changes that greece has made in order to appease creditors and secure the countrys financial future. The first thing that has changed and quite drastically changed is that the new deflationary measures that the previous government had promised have been unaltered. Secondly the idea that this economy would exact a 3 primary surplus under the present circumst
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announcer: you re watching worldwide exchange bringing you business news from around the globe. okay. we re back. warm welcome to you. last night, spain did fairly well. not specifically on the data. although given how spain was the real winner last week they might have had a double whammy with the football win, too. we ve got the latest copulation with the 45.1. it s slightly better than the flash which is 44.8. it has just taken the euro dollar back up. not quite on the friday high that we saw. and the final excuse me, the output pmi index, 44.7 against 44.4. and, therefore, the employment index for the pmi, also slightly high. we had these initial numbers out two weeks ago. that would be when i was on the beach in rio. i think that was what you spent your time doing in rio. anyway, the point is they re not great. but they re a little bit better than the initial numbers that we got out. this fella pulls numbers out of china which we ll recap in a few moemts. r