You are with me, mark barton for today. The bank holiday show. Breaking good news. Manufacturing data for the eurozone for the month of april the final estimate in a is slightly above the previous estimate 52. Their earlier was 51. 9. A slight improvement from the previous estimate from 52 versus 51. 9. Lets see have a euro has responded to that six weeks of gains out of seven against the u. S. Dollar. Slight decline. Download 0. 3 . March 13, the euro lower. It seemed only a few days before the euro might touch parity. It never happened. The euro is moving into the opposite direction. Six weeks of gains against the dollar and the last seven. Three days to go on the general election in the u. K. And the polls are putting labour and the conservatives net internet. No Group Expected to win a majority. And the conservatives are neck and neck. Joining us is Svenja Odonnell. Talk us through some other permutations of what we heard about over the weekend. Svenja odonnell if you managed to go to the coverage get through the coverage of the royal baby the labour monolith. Ed miliband pledged to set in stone literally his manifesto commitment. Mark it seems he has been mocked because he has been likened to moses, was this was it a shrewd move so close or will it be perceived as a faux pas . Svenja odonnell it is opening go theres opening up on twitter as parting the red sea. Opening up on twitter as parting the red sea. We wait for the next cap and maybe a liberal democrats. It has gone from the sublime to the ridiculous. We can expect more of the kind. Mark on downing street. If he becomes Prime Minister. You mentioned a liberal democrats and the possibility of a tattoo. How a parting are the how important are the lib dems Svenja Odonnell i expect them to lose a number of their seats. There will be key players. We are rumors they are planning to discuss things with the conservatives and the other early hours of the vote. That the do so with the labour ed miliband seems to be showing he would rather go at it alone. We could see them lose a lot of seats but every little bit counts. We heard nick clegg say things like ed referendums are not a red line. Which means they are open to any negotiations. Mark you are in scotland and you spoke to Danny Alexander and he told you about the importance of keeping the u. K. United. Lets take a listen and i will ask you. Danny alexander i believe we should be united. Help keep the u. K. Together. But i also think the polls are overstating the likeness of nsp. Liberal democrats have a great track record of savor serving the communities worship commitment and we can get rings done a you will see many more liberal democrats, including myself. The snp wants to break up the United Kingdom. We need to get away from that. One has been saying he is telling his local members he see this election as a step toward independence. Trying to shape things from the sideline and push. [indiscernible] to make sure we keep the snp out. We want deal with the snp in terms of coalitions. They want to do something where we want to do the exact opposite. They want to break up the United Kingdom. And a sense the choice people are facing, who do you want holding the balance . The snp . Cuba minority government keep a minority government . Or the liberal democrats that show you we can keep the country on a stronger ground. Does what you will get with the liberal democrats. Mark Danny Alexander, what the lib dems have achieved brady he may not be in parliament after thursday. Svenja odonnell absolutely pretty as part of the liberal democrat coalition. He is expected to lose his seat. He was one of the main architects of the campaigns which result in a no vote in scotland last year. The irony is membership has quadrupled. Mark thanks a lot. Svenja odonnell chatting about the election. More how the polls are looking. We are joined by joel twyman head of political research. Hello. Thank you for joining us. 34 for the tories. 33 to labour. When is the breakout going to happen . Surge for the incumbents, is that it gone . Joe a question we have been asking. Instead, what we have been wondering is what will happen to u. K. Voters who have come over to the party and the last few months. What will happen to the snp and the lib dems will they built a hold on seats . In many ways unclear as they were at the start. The polls have not changed. Mark why havent the polls change when camerons leadership rating is far superior than ed milibands and the strength of the economy as surely the conservative party should be benefiting from those factors, why not . Joe it is never the case that a party has come from behind on leadership or economy is this country. If we look at leadership ratings, David Cameron has been hit. Only a small amounts is the beginning of the year. 40 of people thought he was doing a good job in january and 46 now. Ed miliband went from 18 to 35 increase. He has closed the gap. He has been on relative terms of the winner in terms of personality. The conservatives are seen as doing better but they have an achilles heels which is fairness. A trust between fairness and inequality. A majority of people lady does belay the changes being done unfairly. A majority of people believe the changes being done are unfairly. Mark ed miliband management of the economy must be the big elephant when it comes to the labour party. Have they overcome slightly . Joe not really. The election is simply trust between chaos and competencies. Competencies other conservative regime a chaos of that labour brought about last time. There are say ed miliband is something people do not thing is charismatic as some people do nothing in statements like or Prime Ministerial and not to the person you want a leading this country over the next five years. Mark lets speculate, a labour minority seems to be the best possible gas oven outcome. Do you think that is the case . Joe it is difficult. Labour could have fewer seats compared to conservatives and be in a better place to form a government because of they could go into some sort of arrangement. The snp and maybe the liberal democrats. There been historical bedfellows. We do not know how it will play out. David cameron with 290 sees a bond with the liberal democrats, he could get 315 310. He could front it out and say no. I get first refusal constitution. I am going to stay because i have a formal coalition and ed miliband has said he will not going to form a coalition under any deal with snp. David cameron could say i have more seat and i have the right to say to stay. I am not going to go with the snp. If you do not like it, you can get somebody to be to me. Mark and maybe a confidence vote. Joe people think thats the person with the most seats gets the. He could be out of a job. Ride joel twyman. Stateowned for more on the election of Bloomberg Politics. Mark joe twyman. Stay tuned for more on elections on Bloomberg Politics. German Automaker Volkswagen holds the Shareholders Meeting tomorrow in berlin, the first in more than a decade that it will not be overseen by the former chairman who resigned on april 25 following a power struggle. An agreement in principle to buy a stake in the Football Club from former Prime MinisterSilvio Berlusconi. It will remain in the hands of berlusconi. Mcdonalds will unveil a turnaround plan because of a decline of a drop in u. S. Samestore sales. The biggest decline since 2000. Speculation about menu changes. Mcdonalds faces competitions from higher and alternatives like chipotle. What would you change on the mcdonalds menu . Tweet me. You can find me markbarton. Greece is hopeful for a deal in may. For the latest, striking a deal. Silvio berlusconi close to striking a deal with ac milan. An exclusive indepth a look of the dictator. Mark welcome back to the pulse. Streaming on bloomberg. Com and your tablet and fawn. Fiscal news is tightening on the greeks. It was like the countrys government and creditors are far apartment of part with imf payments do this we pretty lets bring in our team of reporters. Nikos joins us and joe haden. Is there any progress . Are we closer to a deal or not . Nikos Credit Institutions are reporting some [indiscernible] over the past few days but differences persist in areas such as labor market and fiscal projection for this year and we are still far from an agreement for an agreement on the disbursement of the next bill out. Bill out. A breakthrough for yesterday. They missed it. There said they expect significant progress by wednesday. It is a long shot. Chances are they will miss yet another deadline. Mark what are the main sticking points andes top in these talks . Guest the labor market reform and pension reform. Two things they your role said need to be part of the package into any agreement where greece have called these red lines. They are negotiating and rough to see how much wiggle room they have but another problem is they are talking about an interim deal and the eurogroup is push for a comprehensive deal before the release any more bailout funds. We have to see if they can agree on what kind of agreement they are going for at this stage for mark what is the next deadline in these negotiations . Jones hayden from the eurogroup point of view, the finance ministers meet on may 11 and they want to have something concrete. The reform proposals that greece has promised and evie yet to deliver. They have come up with a broad proposals for the eurogroup said to them back and they are waiting for all of the details. The detailed reforms as they need in order to come to a comprehensive deal which is what they say they want. Mark does greece have enough to pay imf this week and next week . Nikos chrysoloras greek officials are saying they would be ok with a payment due to the imf this week about 200 million euros. A greek labor minister said today that of the country has enough money to make another payment next year which is 700 70 million euros. The liquidity situation is so tight. For example, a small Revenue Target in greece may realize it does not have enough cash for debt servicing payment just a few days before it has to meet the payment. The situation cannot go on forever. Uncertainty also ways over the liquidity situation of greek banks and deposit withdrawals excel abraded again last accelerated again last week. The clock is ticking for greece and the country should strike a deal sooner rather than later. Mark thank you to nikos chrysoloras and jones hayden in brussels. Coming up, a manufacturing miss for china. What policymakers could do next to support growth. Mark welcome back to the pulse. Streaming on your tablet and phone. A quick check of the euro. We have manufacturing data earlier. Individual country basis. The euro. What a run for the year on against the dollar. A few weeks ago investors were talking about parenting yes, it is lower today. A long way above its low of 103. 111. 43 today against the dollar. Our attention to asia. We have manufacturing data out of china and it was a miss. Trailing estimates. Ill makers could step up stimulus to support growth. Chief economic correspondent joins us for more with more. Enda, what is the missed signal . Enda another softer rating on chinas economy and second largest economy is slowing down. With had industrial output and we know about the real estate sector is slowing down and the factory gauge is slower than people ask active. Taken on together, china is having a slow start to the year. Mark what does it made when it comes to the pboc and centralbank . Will it take more steps to boost liquidity . What are its options . Enda curran a few options on the table. Chinese authorities will have to do more to boost growth and make sure there is enough liquidity in the system. The pboc have increase Interest Rates twice in the past month. Which means banks lend more into the economy and other options. To encourage more lending through the bank toward the government which is keeping the company. It will lead to something more likely of an Interest Rate push. They need to cut rates because they are quite high compared to the rest of the world. Mark what about the 7 target . Can they be realistically met or not . Enda curran it is surely getting harder to achieve with the readings as this. The government set a target of about 7 . The imf expects growth below 7 . Some are even more there were sprint of have options. They can cut to raise. Some are even more bullish. They have options. They can cut rates. They can keep the economy over the target. Mark thank you to enda curran for joining us. Striking a deal. Tahi invest thai investors said he reached a deal with berlusconi for a stake in the Football Club. Stay with us. Mark welcome back to the pulse. I am mark barton. Isis supporters have thwarted what is a claim for an attack in texas. According to the Director Police shot and killed two gunmen who drove up to a building where a cartoon ask bo was being expo was being held. Saudi arabia plans to allow foreigners direct access to its stock market. The Capital Markets authority publish the rules according to a statement on its website. David goldberg, chief executive had been the facebook chief officer has died suddenly. He was 47. The cause of death has not been disclosed. A deal has been reached for Silvio Berlusconi with a thai investor. He has reached a deal in principle to buy a stake of the football team. Dan liefgreen joins us. We did get some confirmation that this deal is in the work. What are the details . Dan they do not give many financial details on the negotiations. What they said was the thai investors putting together a group that would buy a minority stake. Mr. Berlusconi wants to keep majority control of the football team. She is owned it for several years and it has been very successful until recently. When he was active in politics, he used it to help promote his initiatives. What we will likely see is these are exclusive talks or presumably if they get a deal they will announce it fairly soon. Mr. V said he has a partner which is active in european football including in spain. We do not know anything about price. We have seen a valuation last year of about 900 million. Clearly it is a right time for mr. Berlusconi. Milan is not doing well like a lot of italian Football Clubs. They do not have the sufficient cash liquidity to make the Big Investments needed to compete in european football right now. Mark this is not the ball a time that an asian investor has sought to buy a stake in an italian club . Dan that is right. Milans rival intermilan, his family owned it for several years last year did a deal with an indonesian a businessman. They own 7 of intern intermilan. They are hoping to cash in on the asian interest in a italian football and hope it will general generate more revenue. Practically italys dominating league and the daniellie family can still generate enough investments to compete at the top right now. Mark what does berlusconi up to . Is he eying other deals . Dan his primary business is media the biggest italian tv broadcaster is looking at doing to a deal with our premium Pay Television division. They compete with the sky. There have been indications they could the about doing a deal finding a partner perhaps with sky in that premium business. That been talking to vivendi. Lots of things cooking in mr. Berlusconis media world. He has investments in financial services. He is preparing the groundwork for the future of his business pretty he named his son as ceo last week. A lot of change within his empire right now. Mark dan liefgreen. Back to greece, negotiations continue with the payment due in a couple of days. Joining us is german Europe Program director daniella schwartz. Thank you for joining us today. Daniella good morning. Mark we are hearing from greece they are pushing for ab interim agreement. Is a palatable to the germans and interim agreement to get some sort of funding or will the european or creditors or germans want something far more concrete . Daniella the german wish is to have something as concrete as possible. A detailed plan. An act at the same time a scenario of how they can be implemented. Having a plan of how to move forward for given the times bring an agreement that needs to be found next week. All parties are about to settle which to be a much smaller agreement than intended. The priority of all parties is to avoid a scenario where greece may run into a crisis of liquidity and not be able to repay and that will cause a major disruption. Mark are you seeing any issue with payment to the imf loans is this week and next week . Will agrees be able to pay up to one billion euros in debt . Daniela schwartzer i am not close enough in any way cap knowledgeable to have any knowledge on that. The political statements which have highlighted the possibility of a greek default with a grexit and i am convinced that the german side and all parties will want to prevent the scenario. A solution may be found at the last minute. While greece may be able to overcome the hurdles of next week, the problem will not be solved. It will stay with us. Neither before the default or grexit will be off the table. Mark talking about the possibilities of a default and not an exit. Is that possible . Could agrees default and still not as at the eurozone . Daniela schwarzer that would be if greece is headed toward default and that would be the best scenario for greece and the euro area. If greece were to leave the euro area, it would question the existence of the European Union. Not to me it will be a disruption of the project but a reassessment. Market participants once a they have seen it exited would look at every next crisis. In my view, if we were heading for situation where a political and what we would have a Price Scenario where markets would pressure of the remaining countries. A substantial deepening the euro area. Not just something they could join and leave as you wish. Mark what is the mood like among the german people . We know Angela Merkel want