27/05/2014 World Business Report


27/05/2014

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This is BBC world news. The military In the moment, more on plans to fix

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economic problems in Thailand. First, Europe's heads of state and

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government will have plenty to chew over this evening. What will the

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election results mean for policy in Europe and the economy? There are

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those who insist that the lesson of the election is that Europe must

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reform. That might mean doing less and returning some to member states.

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Other believe that ever closer union is manifest destiny and the answer

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lies in deeper integration. In the short`term, Britain has stressed the

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need for the forms. In France, the president says the EU had become to

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promote and should focus on jobs and investment. Angela Merkel believes

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the focus should be on boosting the economy. In Denmark, Spain, Greece

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and elsewhere, large parts of the electorate want to rethink. Let's

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get more. The think tank Open Europe wants a new model. Let's talk about

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reform. The dust has settled. Is there at the fit for reform? I think

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there is. What we have seen `` is their appetite for reform? I think

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there is. Francois Hollande, the President of France, he has come out

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and asked for a rethink of the policy. I think that this might be

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quite problematic. He talks about growth. He means more government

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spending. I doubt whether that is what Angela Merkel had in mind when

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she talked about growth. The French government may be pushed to resist

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the EU`guided budget cuts. So they are singing from different hymn

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sheets at the moment. Is there going to be a problem with regaining some

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kind of European solidarity? The next time the Euro crisis will face

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a test of its solidarity, all of these governments on the periphery

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will be faced with stronger protest movements. They will still be able

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to put out of somehow but it will only become harder. At the same

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time, in the north, in Germany, for example, there is a far right party

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that secured six or seven European MPs and is against fiscal transfer.

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There is popular discontent with the current policies on both sides. Of

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course, in the last parliament we had certain types of issues that

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face the economy. How difference is this parliament going to be in terms

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of economic reform and the need for it? We can see that the number of

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free trade supporting MEPs has dropped slightly. That is worrying

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because there is a project for a trade deal between the United States

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and the EU. I think, fundamentally, not so much is going to change

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within the European Parliament. There is a very Federalist mindset.

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There is now 30% protest members. That is up from 21%. It is expected

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that the main groups will continue as they always have. The fact that

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these protest parties are doing well, in France, in Greece, in

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Denmark, this will put a very considerable pressure on national EU

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policy. It may also drive the leaders of these governments to try

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to achieve a lighter and more flexible European Union. That is

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what Britain is asking for. People vote for UKIP but I think the

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British people are fed up with the command and control we have seen in

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recent years. Interesting stuff. Thank you for talking to us. A

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British woman is to take charge of one of the jewels of the Crown in

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the French industry. Linda Jackson will become CEO of the 95 adult

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company on the 1st of June. She has 35 years experience in the motor

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industry but remains one of the few women to have a major carmaker. We

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asked why she thinks so few women are in the drivers seat of these

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major companies. I don't know why because I think the car business is

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good. It is a sexy product, and emotional product. You don't just

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buy a car, you choose it, they wanted, it is personalised. Women

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play a large part in terms of choosing a car. I don't know why

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there are so few of us. It is diversity, isn't it? But it is the

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president culture, , feminine, you add something. Women are more

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reflective in terms of decision. I like to have a team around to

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discuss things. We reflect on things and make a decision. You are a

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woman, you are British, you work in a culture that is different in

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France. Do you feel pressure to have the more I will be tucked up at idea

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what I want to do. I wanted that Citroen into the future. I want them

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to be successful. `` I want to put. They can change what customers

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want? I think that we have changed it. With the launch of the new

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Cactus, that this will be want to go. You cannot look at that car and

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not say it is innovative, creative, different. That is what Citroen is

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really good at, producing a design of a car that is something a little

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bit different. People have criticised the group for being slow

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into China. They have just brought in a new partner. Some have

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commented that they did not bring a lot to the party. They did a lot of

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your expertise and technical know`how. `` they take a lot. Going

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back to 2008, sales outside of Europe were 20%. Now they are 41% we

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have doubled that. Tremendous progress since 2008. We want to be

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at 50% by 2015. In terms of being slow, we have really accelerated in

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the past ten years. We know that China is the market to be in. One of

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the biggest markets. It will continue to be. I think we have done

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both things. We have two joint ventures in China and they are an

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important part of our business. I think they bring help to us in terms

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of aiding globalisation. That was Linda Jackson, the new boss of

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citron. The leaders of the queue in Thailand say that they are committed

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to fixing the economic problems in the country. `` coup. They are

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committed to pay farmers who have lost money under the rice scheme.

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You have been keeping a close eye on this story. What more can you tell

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us about this economic part of the coup?

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The hope is that this is the first step. There are supporters and

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followers of the former Prime Minister in fourth. The military

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believe that this is an urgent issue and they have moved quickly to find

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the money for the agriculture sector easy. `` the agriculture secretary.

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The rice payments could add about one fifth of 1% economic growth this

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year. The farmers have suffered. Rice prices were brought higher.

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Apart from the handouts, business leaders are expecting a stimulus

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package. They are hopeful that the state budget will be ready for the

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new fiscal year. This will be good news according to analysts. They

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will add two `2% over the next year to the Thailand economy. Keep an eye

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on that story for us. That is it from us on World Business Report.

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Stay with us. We will look at the papers in a moment. David Cameron

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will meet EU leaders in Brussels to discuss the success of UKIP and

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other Eurosceptic parties. The pair

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