Is business im Kate Ferguson welcome to the show german travel company 2 e is getting an additional 1000000000 euros in age from the German Government the funds are intended to help the firm get through the winter after its business was decimated by the coronavirus 2 e has already received a loan from germanys state Development Bank to eat one of the biggest travel groups in the world turning a profit before the mc. For more im joined by Political Correspondent fineman young find out how important is to be for the German Economy. Well to be is one of the Worlds Largest travel companies by some reckonings it is the Worlds Largest travel company certainly the largest in germany that explains only why it already received 1800000000 euros in state loans back in april the 1st large German Company to do so theyve got 70000 employees worldwide 10000 of them in germany and they had a revenues in 2019 of 18000000000 euros and more so its a company with a proud history its very important for the
Atmosphere. Im seeing so much going to thank you for joining us a tense European Union summit in brussels over a proposed 750000000000 euro coronavirus recovery package has gone into a 4th day but there are signs that there might be a breakthrough today countries are split over how much money could be a should be distributed as free grants or as loans that will have to be repaid and whether strings should be attached to enforce the rule of law and some countries now hard hit Southern States including italy and spain want to see substantial aid payments but a group of self declared frugal Northern European countries want loans and to more checks on hall how the money is spent. Lets get the latest with our correspondent marina was standing by in brussels hi marina what are you seeing and hearing there at this morning. Enough mass to me because leaders when they left you some a building that did not come and look very tired now as some of them might get some sleep at least some also might
While the value of the currency plummets. To avoid the complete collapse of the economy. Could be very. Cautious about. Exile in london. Against china. And argentina easing. Bringing a welcome boost to businesses. Welcome to the Program European Union Leaders have taken a brick after the tense summit over a proposed 750000000000 euro recovery package went into a 4th day theyll be back later today but they remain split over how much of the fund should be distributed as handouts and how much is no ones that will have to be repaid. European leaders seem delighted to see each other in a flash Germanys Angela Merkel and Frances Emmanuel mccraw had already agreed an offer thats enough for most you problems friday seem to phase with optimism and good humor. But by monday morning mcconnell sounded very different listen but i mean its not finished but its difficult. Here machall will be calling on all the different skills to bridge some significant splits within the block. A group has formed ca
Organization sees its worried about the situation in europe just weeks after country started there are borders to tourists. On the Program China say its embassy in washington received Death Threats mysterious being. Trumpeted ministration the us gave the chinese consulate in houston 72 hours to shut down. One minute 7 pm here in moscow this thursday evening hope we find you healthy and well this hour our top story. An intense standoff is developing in the u. S. City of portland President Donald Trump to send in federal troops to. The racism protests and riots appears to have the situation. I. Know her right. To get. There on your god. Indeed the murder of portland who we just saw speaking was among those tear gassed by federal officers and he stood with the protesters the white house claims he has lost control of johnson take over more than a dozen u. S. Murders most open democrats a voice the larm over the federal practice they have urged the troubled ministration poetry its all its o
Rising unemployment in israel a raft of new restrictions comes into force to combat a surge in corona infections but protesters say the government has let them down. And after a long pause due to the pandemic romance is back on the cards as weddings resume and sometimes race will take you to one couples detained day right here in germany. Im nicole fairly welcome to the show. E. U. Leaders are meeting for a 3rd day as they struggle to reach an agreement on a 750000000000 euro coronavirus Recovery Plan member countries are divided on how much of the money should be distributed as free grants and how much as repayable loans hard hit Southern States including italy and spain are seeking substantially aid payments but a group of fiscally frugal northern countries for loans and more control over how the money is spent. Bridging the gap between the 2 opposite camps is proving to be a major challenge heading into a new round of meetings german chancellor Angela Merkel warned that a deal might