Browse content similar to 11/11/2011. Check below for episodes and series from the same categories and more!
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The Eurozone's bad boys, Greece and Italy, prepare to take a step back | :00:07. | :00:17. | |
:00:17. | :00:19. | ||
from the brink of economic chaos. Athens gets a new government, Rome | :00:19. | :00:23. | |
are prepared to say goodbye to Berlusconi, are they serious about | :00:23. | :00:33. | |
:00:33. | :00:42. | ||
Welcome to GMT. I'm Stephen Sackur. Also in the programme: Syria is | :00:42. | :00:52. | |
:00:52. | :00:55. | ||
accused of crimes against humanity. Commemorations in Afghanistan and | :00:55. | :01:02. | |
around the world to mark Armistice Day. | :01:02. | :01:08. | |
It is 12:30pm in London. In Rome the upper house of the Italian | :01:08. | :01:12. | |
parliament has approved a sweeping set of austerity and reform | :01:12. | :01:15. | |
measures designed to convince international financial markets | :01:15. | :01:20. | |
Italy is serious about dealing with its mountain of sovereign debt. In | :01:20. | :01:23. | |
Athens the effort to bring the eurozone back from the brink | :01:23. | :01:28. | |
continues. A new government led by Lucas Papademos is about to be | :01:28. | :01:33. | |
sworn into office. Last night the US government demanded swift action | :01:33. | :01:38. | |
in Europe to end the crisis. Could today marked a turning point? | :01:38. | :01:43. | |
Humphrey Hawksley has the latest. The era of flamboyant showmanship | :01:43. | :01:49. | |
is drawing to a close. Technocrat Mario Monti heads into the Senate | :01:49. | :01:54. | |
building, he could be prime minister as soon as tomorrow. A | :01:54. | :01:59. | |
former low key European Commissioner seen as effective, a | :01:59. | :02:08. | |
low profile and scandal free. He was given a hero's welcome inside | :02:08. | :02:13. | |
the chamber, then came speeches underlining the pressure on Italy | :02:13. | :02:19. | |
to change direction. TRANSLATION: We hope this can pave the way to a | :02:19. | :02:23. | |
government that will enable it to lead to come out of this critical | :02:23. | :02:26. | |
situation and avoid default altogether. | :02:26. | :02:31. | |
The austerity package hopes to save almost 60 billion euros, and aims | :02:31. | :02:39. | |
to balance the budget by 2014. The measures include an increase in VAT | :02:39. | :02:44. | |
to 21%, up 1%. And increasing the retirement age for women to match | :02:44. | :02:53. | |
that of men, to 60 in 2014, and 65 in 2026. There will be measures to | :02:53. | :02:59. | |
fight tax evasion. The cuts will be tough, but the markets and many | :02:59. | :03:05. | |
Italians welcome the change Mario Monti symbolises. I think he will | :03:05. | :03:10. | |
be good, capable. He inherits a complete disaster but has the right | :03:10. | :03:15. | |
capabilities. TRANSLATION: I hope he goes better than the last lot, I | :03:15. | :03:21. | |
hope things improve. For us that is the message from Asian and American | :03:22. | :03:25. | |
finance ministers -- ministers speaking with one voice about | :03:25. | :03:29. | |
Europe's ability to reform. It is crucial to all of us Europe | :03:29. | :03:34. | |
moves quickly to put into place this plan to restore financial | :03:34. | :03:39. | |
stability. We are all directly affected by the crisis. The | :03:39. | :03:42. | |
economies of the Asia-Pacific region, gathered here today, are | :03:42. | :03:46. | |
run a better position than most countries to take steps to | :03:46. | :03:50. | |
strengthen growth in the face of the pressures from Europe. | :03:50. | :03:55. | |
Across Europe that other troubled country, Greece, is about to swear | :03:55. | :04:01. | |
in a new prime minister. It is also opting for a technocratic safe pair | :04:01. | :04:05. | |
of hands, Lucas Papademos is an economist, formerly with the | :04:05. | :04:12. | |
European Central Bank. As we reported the upper house of | :04:12. | :04:15. | |
the Italian parliament has approved the package of reforms in the last | :04:15. | :04:19. | |
few minutes, and the lower house is expected to do the same over the | :04:19. | :04:23. | |
weekend which should lead to the promised resignation of Silvio | :04:23. | :04:33. | |
:04:33. | :04:35. | ||
Berlusconi. We are joined by Karen Jenia any -- by Our Correspondent | :04:35. | :04:41. | |
from Rome. Does the round of applause indicate guarantee he will | :04:41. | :04:43. | |
be the next prime minister and they believe that will be the right | :04:44. | :04:52. | |
move? If you look at the front of the newspapers you would get the | :04:52. | :04:56. | |
impression Mario Monti was definitely going to lead the next | :04:56. | :05:01. | |
government, the technocratic government as it has been called, | :05:01. | :05:06. | |
by different parties he wanted to take different forms, but there is | :05:06. | :05:09. | |
consensus in many politicians he is the man. You saw that welcome as he | :05:09. | :05:14. | |
walked into the Senate, a very warm and heartfelt welcome to this man | :05:14. | :05:18. | |
who is widely respected, even by those who don't necessarily think | :05:18. | :05:23. | |
he should lead the next government. I have been speaking to some MPs | :05:23. | :05:28. | |
and senators from Berlusconi's own party and put to them over the last | :05:28. | :05:32. | |
few hours whether they thought it was a definite thing that Mario | :05:32. | :05:36. | |
Monti would be the next prime minister. They said, hold on, there | :05:36. | :05:40. | |
are other names, we are not necessarily backing him. But the | :05:40. | :05:45. | |
consensus if you look in the papers, 10 on the television, everybody is | :05:45. | :05:51. | |
watching Mario Monti, talking about his safe pair of hands, his | :05:51. | :05:56. | |
incredible economic brain, he is head of the University in Milan, a | :05:56. | :06:01. | |
very prestigious university, widely seen as the next successor to | :06:01. | :06:05. | |
Silvio Berlusconi and all the talk is just how different he would be | :06:05. | :06:10. | |
Eid in this country to what Italy has had on and off over the last 70 | :06:10. | :06:20. | |
:06:20. | :06:24. | ||
years. I am joined by a representative from the University | :06:24. | :06:34. | |
of Boston. I know you have Greeks new leader, -- I know that you know | :06:34. | :06:38. | |
him personally, is he the man to decrease out of the mess? | :06:38. | :06:47. | |
Yes, I do. He is a very experienced person, a governor to the Central | :06:47. | :06:50. | |
Bank of Greece for many years, vice-president of the European | :06:50. | :06:58. | |
Central Bank. He is the right person at the right time. The Greek | :06:58. | :07:03. | |
government has to come up with specific plans to implement the or | :07:03. | :07:07. | |
austerity package which is tied to the European Union bale-out. There | :07:07. | :07:12. | |
is a real discussion about with Mr Papademos in power if the Greek | :07:12. | :07:16. | |
public will except stronger measures than they have been | :07:16. | :07:22. | |
prepared to accept thus far, what to do you think? | :07:22. | :07:28. | |
He has a short mandate for three or four months, he has to implement | :07:28. | :07:38. | |
:07:38. | :07:41. | ||
the decisions of the summit to back in October October. After two years | :07:41. | :07:50. | |
in recession the Greek public is reluctant for a way out, and | :07:50. | :07:57. | |
Papademos at present, according to the polls, is the person entrusted | :07:57. | :08:05. | |
with the hope that next to debt management there will also be | :08:05. | :08:11. | |
growth measures that will allow Greece to start creating wealth | :08:11. | :08:15. | |
again in order for it to be able to pay its debts. | :08:15. | :08:20. | |
A you almost made me smile when you said that is all he has to do. He | :08:20. | :08:24. | |
has a massive task ahead of him. You say he has got three months in | :08:24. | :08:29. | |
power. It seems it is way too early to breathe a sigh of relief and | :08:29. | :08:34. | |
think grief -- Greece is on its path to stability. Yes, you are | :08:34. | :08:42. | |
right. There is still a mountain to climb for the Greek people. The | :08:42. | :08:47. | |
only hope is that a technocrat can do better than politicians who have | :08:47. | :08:57. | |
:08:57. | :08:59. | ||
failed in the past to do their Let's take a look at some of the | :08:59. | :09:09. | |
:09:09. | :09:11. | ||
In Yemen people have been killed through shelling by government | :09:11. | :09:16. | |
forces. This coincides with a return to Yemen of the un envoy | :09:16. | :09:25. | |
trying to end the months of conflict. The moment and have a | :09:25. | :09:31. | |
quick hit a Turkish city, 12 people on knowing to have been killed. Two | :09:31. | :09:34. | |
weeks ago another earthquake hit the region killing more than 600 | :09:34. | :09:41. | |
people. Palestine's application for full | :09:41. | :09:43. | |
membership of the United Nations appears destined to fail as | :09:43. | :09:46. | |
divisions have emerged within the Security Council on the issue. The | :09:46. | :09:49. | |
Council is meeting today in New York to formally approve a report | :09:49. | :09:52. | |
into the application. Israel and the US have made plain their | :09:52. | :10:00. | |
opposition to the membership bid. The plight of a blind Chinese | :10:00. | :10:03. | |
activist has captured the imagination of people both inside | :10:03. | :10:08. | |
and outside the country. Chen Guangcheng used to offer legal | :10:08. | :10:11. | |
advice to people attempting to take on the government and now he is a | :10:11. | :10:15. | |
prisoner in his own home. Other activists have made regular | :10:15. | :10:21. | |
attempts to visit him, most are barred. We went to see if we could | :10:21. | :10:26. | |
meet him. Along this country roads in Shandong province lives and | :10:26. | :10:30. | |
activist who has become a focus on disc -- focus of discontent. He is | :10:30. | :10:35. | |
not allowed visitors. Shady figures garden. There we are going to try | :10:35. | :10:44. | |
to see him. -- shady figures guard him. The men are waiting and know | :10:44. | :10:48. | |
exactly what to do. There are no pleasantries. When they realise we | :10:48. | :10:52. | |
are journalists they forced open the doors and go through everything. | :10:52. | :10:58. | |
We are told to stay put. It is a glimpse into a world many don't | :10:58. | :11:03. | |
know it exists in China. These are not robbers. Quickly and | :11:03. | :11:07. | |
efficiently they are carrying out the work of the state. And no time | :11:07. | :11:11. | |
did these people identify themselves, but they were obviously | :11:11. | :11:16. | |
in authority. We were left in the car wondering what happen next and | :11:16. | :11:19. | |
suddenly they through our equipment back at us, closed our doors and | :11:19. | :11:27. | |
told us to leave quickly. They didn't want us to see this man, a | :11:27. | :11:32. | |
blind activist who taught himself the law. Run For All -- Dumo used | :11:32. | :11:40. | |
his knowledge to help women who forced to undergo abortions -- Chen | :11:40. | :11:47. | |
Guangcheng. This video shows how closely they keep watch. | :11:47. | :11:54. | |
TRANSLATION: There is no law that places restriction on him, he | :11:54. | :12:00. | |
should have the freedom to speak out, the freedom to meet friends. | :12:00. | :12:03. | |
If China's leaders hope people would forget about him they were | :12:03. | :12:08. | |
wrong. Dozens of activists like this man have travelled to see him. | :12:08. | :12:14. | |
He says he was beaten up, but that will not stop him going again. | :12:14. | :12:21. | |
TRANSLATION: When I heard about this blind lawyer who fight for | :12:21. | :12:24. | |
human rights who represents people for no personal gain, I was deeply | :12:24. | :12:30. | |
moved. That is why I wanted to see him. | :12:30. | :12:34. | |
Others have shown their support in a different way. Posting | :12:34. | :12:38. | |
photographs of themselves on the internet wearing dark glasses, it | :12:38. | :12:44. | |
just like Chen Guangcheng. The blind activist has become a symbol | :12:44. | :12:47. | |
of people's unhappiness with the government and its sometimes had | :12:47. | :12:55. | |
the handing -- heavy-handed way of dealing with discontent. | :12:55. | :12:59. | |
Here is a timely question, how do countries laid low by economic | :12:59. | :13:05. | |
meltdown recover? Iceland, at the centre of the financial storms in | :13:05. | :13:10. | |
2008, may provide some lessons. The President is encouraging all | :13:10. | :13:13. | |
Icelanders to turn a profit in their own homes by opening up their | :13:13. | :13:17. | |
doors to visitors. President Olafur Ragnar Grimsson is leading by | :13:17. | :13:22. | |
example, inviting visitors into his own home, the presidential palace. | :13:22. | :13:29. | |
For pancakes. We are going to invite you to visit our home, and | :13:29. | :13:34. | |
we will give you a delicious pancakes with cream and sugar, | :13:34. | :13:42. | |
Traditional Icelandic delicacy, because we favour health and good | :13:42. | :13:44. | |
nutrition, and extraordinary product. | :13:44. | :13:53. | |
Still to come, a Human Rights Watch condemns Syria for crimes against | :13:53. | :13:58. | |
humanity, we will here from the city which is the focus of the | :13:58. | :14:05. | |
uprising. First, let's get all of the | :14:05. | :14:10. | |
business news. We just cannot stay away from the eurozone, can we? | :14:10. | :14:15. | |
No. The prospect of what is now going to happen, a short-term | :14:15. | :14:20. | |
stabilising of the market. There are structural questions, can it | :14:20. | :14:23. | |
continue to exist intact? A long time ago I heard economists are | :14:23. | :14:27. | |
talking about the possibility of not that Greece would leave but | :14:27. | :14:33. | |
Germany would, and form a two-tier Europe. The reality the impact that | :14:33. | :14:36. | |
would have would make it difficult and there is no mechanism to do | :14:36. | :14:40. | |
that. Also, the decision-making process, it has taken two years to | :14:40. | :14:44. | |
get to this point with Greece. I spoke to Ireland's former Minister | :14:45. | :14:49. | |
of State for European affairs. He helped negotiate -- negotiate the | :14:49. | :14:57. | |
burlap package for Ireland. We need to have, sit down calmly | :14:57. | :15:01. | |
and look at the lessons of the last 12 months, strange and | :15:01. | :15:05. | |
institutional arrangements -- strengthened. We need to get away | :15:05. | :15:10. | |
from talking about a to tears and all of that, that undermines | :15:10. | :15:20. | |
confidence and would make it We also know that as Italy grapples | :15:20. | :15:24. | |
with its eurozone problems it has focused elsewhere because there is | :15:24. | :15:34. | |
a big telecoms scandal in Italy? in India! For give me! De GE to | :15:34. | :15:44. | |
:15:44. | :15:44. | ||
selling off of mobile phones -- thick 2G selling off of mobile | :15:45. | :15:48. | |
phone licences was controversial because the many people thought | :15:48. | :15:54. | |
they were sold off too lightly. 17 people are on trial, one of which | :15:54. | :15:59. | |
is the telecoms minister. If you compare it with the previous | :15:59. | :16:04. | |
scams including telecoms dams, they pale into insignificance if you | :16:04. | :16:08. | |
look at the magnitude and personalities involved. It is a | :16:08. | :16:13. | |
landmark judgment, and I am shocked -- I am sure the world business | :16:14. | :16:18. | |
community is watching what is going on because there is a lot at stake. | :16:18. | :16:22. | |
A big scandal there, and part of a general feeling that India has too | :16:22. | :16:26. | |
cosy a relationship between the business and political elite. | :16:26. | :16:31. | |
Thank you. Don't forget you can keep up with | :16:31. | :16:38. | |
everything happening in the world today on our website. There you | :16:38. | :16:44. | |
will find all the latest on the eurozone crisis and also the latest | :16:44. | :16:50. | |
on the markets. We are seeing some stabilisation of | :16:50. | :16:58. | |
the markets, the FTSE up from about 0.5% there. We are seeing a | :16:58. | :17:01. | |
response to the stabilisation of the political crisis in Italy and | :17:01. | :17:05. | |
Greece. Thank you very much indeed. | :17:05. | :17:15. | |
:17:15. | :17:19. | ||
You are watching GMT, I am Stephen Sackur. A headlines: The upper | :17:19. | :17:23. | |
house of the Italian parliament has approved a sweeping set off | :17:23. | :17:26. | |
austerity and reform measures. And in Athens the interim | :17:26. | :17:30. | |
government is about to be sworn in. It will face the task of pushing | :17:30. | :17:36. | |
through the bail-out package agreed with European leaders last month. | :17:36. | :17:40. | |
Around the world, Armistice Day, commemorating the fallen in the | :17:40. | :17:44. | |
world's wars, has been marked by silent reflection and simple | :17:44. | :17:49. | |
ceremonies. British Defence Minister Philip Hammond joined | :17:49. | :17:53. | |
3,500 British soldiers at Camp Bastion in Afghanistan, laying a | :17:53. | :17:57. | |
wreath and observing a two-minute silence. It comes to A days after | :17:57. | :18:03. | |
the latest death of a British soldier in Helmand province -- it | :18:03. | :18:07. | |
comes two days. In Canberra, a Senedd -- a ceremony | :18:07. | :18:13. | |
was held at the War Memorial with Julia Gillard laying a wreath. The | :18:13. | :18:16. | |
names of eight Australian soldiers who died in Afghanistan in the last | :18:16. | :18:20. | |
12 months were added to that memorial's roll of honour. | :18:20. | :18:24. | |
In Seoul, Americans remembered those who died throughout their | :18:24. | :18:29. | |
history, including in the Korean War. The commander of US forces in | :18:29. | :18:33. | |
Korea, General James Thurman, led the anniversary ceremonies at | :18:33. | :18:39. | |
Yongsan base, not far from South Korea's National War Memorial. | :18:39. | :18:43. | |
For more on the Armistice Day memorial services, do please head | :18:43. | :18:49. | |
to the BBC website. There you can read about the sacrifices made by | :18:49. | :18:52. | |
World War One veterans and we have a selection of portraits of | :18:52. | :18:55. | |
soldiers who served in the war and some of their stories are explained, | :18:56. | :19:05. | |
:19:06. | :19:06. | ||
The New York-based group Human Rights Watch has accused Syrian | :19:06. | :19:13. | |
forces in the City of Tom's of -- in the City of Homs of unlawful | :19:13. | :19:20. | |
killings. The city has become what activists called the capital of the | :19:20. | :19:27. | |
human rights uprising. Human Rights Watch says that UN Security Council | :19:27. | :19:30. | |
action should be supported to end what it calls the carnage. The | :19:30. | :19:35. | |
report gives graphic eyewitness accounts of torture by the Syrian | :19:35. | :19:39. | |
forces. Human Rights Watch says nearly 700 people have been killed | :19:39. | :19:44. | |
in Fisher since April, more than 100 since Syria agreed to run Arab | :19:44. | :19:50. | |
League peace deal more than a week ago -- 700 people have been killed | :19:50. | :19:59. | |
in Homs. We were trying to reach a doctor live in Homs, we know that | :19:59. | :20:04. | |
he is there, witnessing some terrible things, but unfortunately | :20:04. | :20:08. | |
the Telecoms have let us down. I am pleased, though, to say I am joined | :20:08. | :20:13. | |
by Jonathan Powell to consider the wider implications not just of the | :20:13. | :20:16. | |
Syrian crisis but of so many international arenas where there is | :20:16. | :20:20. | |
a question over whether international intervention can work. | :20:20. | :20:23. | |
Jonathan Powell, former chief of staff to Tony Blair and not | :20:23. | :20:27. | |
unfamiliar with some of these questions. On Armistice Day, let's | :20:27. | :20:32. | |
start with Syria. Do you see any potential for international | :20:32. | :20:37. | |
intervention in Syria? I certainly see potential for it. What is | :20:38. | :20:42. | |
happening there is horrifying. Just as in Libya where support was given, | :20:42. | :20:46. | |
there is a case for it in Syria. The cases against are that they | :20:46. | :20:52. | |
have not asked for such support, and it has been proved very | :20:52. | :20:57. | |
difficult to get UN support for it. In Kosovo we took action without UN | :20:57. | :21:02. | |
support, so it is possible but difficult. We now have the United | :21:02. | :21:05. | |
Nations which for the last six years has been committed to the | :21:05. | :21:09. | |
notion of responsibility to protect if there is a humanitarian crisis | :21:09. | :21:14. | |
and civilians are being killed, but is the politics is not right, as | :21:14. | :21:18. | |
you have described in Syria, does that mean nothing? No, we can do | :21:18. | :21:23. | |
things politically and in terms of the initiative taken by the Arab | :21:23. | :21:27. | |
League, but it is not sensible to take military action. You only want | :21:27. | :21:31. | |
to do that if you are called upon to do it by the opposition and if | :21:31. | :21:34. | |
the neighbouring countries thought you should and if it can be proved | :21:34. | :21:39. | |
to be effective. In Chicago in 1999 Tony Blair made a speech which set | :21:39. | :21:43. | |
out criteria on using force in such circumstances and we should be | :21:43. | :21:49. | |
guided by the nose. We do accept that the conflict -- guided by | :21:49. | :21:55. | |
those. -- would you accept that the conflict has made it more difficult | :21:55. | :22:01. | |
to get the income must -- the international community onside. | :22:01. | :22:05. | |
They go through phases on this subject. It's the thing of Somalia | :22:05. | :22:12. | |
after Black Hawk down, the UN were reluctant. Then we had Afghanistan | :22:12. | :22:21. | |
and a rat, and then people were reluctant again. Post Libya, people | :22:21. | :22:25. | |
are willing to intervene to. have skirted round the issue of the | :22:25. | :22:29. | |
Security Council and the way it works. Does it mean, everything you | :22:29. | :22:33. | |
have described, the politics and the reality on the ground, that we | :22:33. | :22:39. | |
have to accept Russia and China can exercise a veto on humanitarian | :22:39. | :22:43. | |
interventions? That was the danger that Tony Blair pointed out in the | :22:43. | :22:49. | |
context of Kosovo. He said, will we allow the UN to block any action | :22:49. | :22:52. | |
taken in those circumstances? Kosovo went ahead even though we | :22:52. | :22:57. | |
could not get Russian or Chinese support. That was a relatively | :22:57. | :23:03. | |
happy experience. Iraq was not a happy experience. You now | :23:03. | :23:06. | |
specialise in conflict resolution and opening dialogues. The Arab | :23:06. | :23:10. | |
League said it had got a deal to open a dialogue in Syria. If he | :23:10. | :23:14. | |
were advising the leaders of the Syrian National Council, the | :23:14. | :23:18. | |
opposition leaders, right now, would you advise them to engage in | :23:18. | :23:23. | |
a dialogue? I would advise them to do that but it is their decision. A | :23:23. | :23:28. | |
large part of them do not want a dialogue with the Assad regime. | :23:28. | :23:32. | |
They need a united position on this, do they have a dialogue to get him | :23:33. | :23:39. | |
out or fight until he gets out? do you think it could be used for? | :23:39. | :23:44. | |
I am in favour of dialogue in all circumstances, it is something I | :23:44. | :23:47. | |
used in Northern Ireland. You do not need to concede opposition but | :23:47. | :23:52. | |
talking may be easier to get Assad out. Talking may have been easier | :23:52. | :23:59. | |
to get Gaddafi out. Jonathan Powell, thank you. | :23:59. | :24:02. | |
Animal welfare charities across the UK are reporting a dramatic rise in | :24:02. | :24:06. | |
the number of pets being handed in by owners who can no longer afford | :24:06. | :24:12. | |
to look after them. The Battersea Dogs and cats homes the number has | :24:12. | :24:17. | |
more than doubled in the last year. When household budgets are | :24:17. | :24:23. | |
stretched, even the most loved family pet can be too expensive. | :24:23. | :24:27. | |
Shady's owner, out of work for four months, has decided giving him to | :24:27. | :24:31. | |
Battersea Dogs Home is his only a option. You are not out of work, | :24:31. | :24:36. | |
you will be in arrears with rent, I am on the verge of losing my flat | :24:36. | :24:40. | |
and if I lose my flat, can I keep him? But I love him so much, I want | :24:40. | :24:47. | |
to make sure he will be all right. Battersea has always taking in pets | :24:47. | :24:50. | |
from owners who can no longer afford them. In the past year, | :24:50. | :24:54. | |
however, numbers have doubled. Eight year-old Sam is typical of | :24:54. | :24:58. | |
the new wave of arrivals. He was brought in three weeks ago after | :24:58. | :25:03. | |
his owner's home was repossessed. The home is also seeing more | :25:03. | :25:06. | |
pregnant animals and those needing potentially expensive medical | :25:06. | :25:09. | |
treatment. A lot of the animals coming in have conditions that make | :25:10. | :25:13. | |
us think they have been ignored for some time and the owners can no | :25:13. | :25:17. | |
longer get to grips with them. In a case like this, had the surgery | :25:17. | :25:22. | |
been done one or two years ago, it would have been cheaper, easier and | :25:22. | :25:27. | |
better for him. It takes an average of 48 days for Battersea Dogs to be | :25:27. | :25:34. | |
re-home. The future for shady's owner, himself facing eviction, is | :25:34. | :25:38. | |
less certain. We are coming to the end of GMT, | :25:38. | :25:42. | |
but time to remind you of the main story today. The Italian Senate in | :25:42. | :25:46. | |
the last hour also has approved an emergency austerity package aimed | :25:46. | :25:51. | |
at averting economic collapse and helping resolve the eurozone debt | :25:51. | :25:57. | |
crisis. The Bill now passes to the lower house. The measures are a | :25:57. | :26:01. | |
part of efforts to end the country's spiralling debt crisis | :26:01. | :26:06. | |
and it is believed once the lower house approves them then Silvio | :26:06. | :26:09. | |
Berlusconi will resign and Italy will get a new Prime Minister. | :26:10. | :26:14. | |
In Athens, the incoming Greek Prime Minister Lucas Papademos is putting | :26:14. | :26:18. | |
the final touches to his interim government, which will face the | :26:18. | :26:21. | |
task of pushing through the bail- out package agreed with the | :26:21. | :26:25. | |
European leaders last month. He is due to be sworn in later today but | :26:25. | :26:29. | |
the ceremony, as we understand it right now, has been delayed by | :26:29. | :26:33. | |
several hours. His administration will be a coalition of the | :26:33. | :26:37. | |
governing Socialists, the centre- right New democracy and a small | :26:37. | :26:42. | |
party of right-wing populists. Correspondents say Lucas Papademos | :26:42. | :26:46. | |
will be forced to introduce further austerity measures. Things still | :26:46. | :26:50. |