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After the adp report, employment is still a bad number. From 43. 1, so42. 1 that feeds into the narrative that even if the economy opened up a little bit in july, we are going to see fewer people working, and we will probably see adjustments to peoples payroll forecasts for friday. Alix is that the one take away from today, the slower rate of job hiring . Michael that is the important thing. You can open up the economy and get a yield sitting in the middle of the street or a restaurant, but the people who serve you are not coming back as quickly as they would hope. That will slow the economy o...

First time since the lockdown in march. Michael mckee joins me now. What was your biggest take away . Michael if you are going to manage the virus better than the United States and their economies are opening up faster and stronger, which seems to be the case looking at the pmis. We got manufacturing and we got services, and all the Major Economies in europe are in an expansion. The move in italy particularly notable, above 50. Some down from preliminary expert, estimates, what they are the composites tell the story, all above 50 and they have all grown. The highest level in two years for the ...

The cracks in europes foundations. Carona recovery deal can the e. U. Rebound thats our title. And its a pleasure to welcome our guests eric is an american journalist who has written for the Los Angeles Times amongst other Media Outlets and he says the summit exposed once again how much disunity there is in the European Union. And were very glad to have with us pavel took of till he took us to excuse me he is a polish economist and senior associate at the German Institute for international and Security Affairs he says we must reform the Member States now or will face the same problems again wi...

Crisis, we will also touch upon the European Union, european commissions, broader Economic Policy agenda as we hopefully recover from the crisis, it has been evolving fiscal institutions, its management of the european macro economy. It should be an interesting conversation, obviously of particular importance given the worldwide economic crisis we are suddenly found ourselves in. Let me introduce my guests today, director general for economic and Financial Affairs in the european commission, prior to his current job, he was director general for structural reform support a topic we will touch o...

Member states will have to show they are supposed to be you know just to receive the funds. I mean from our sun well come european leaders have finally sealed the deal on an unprecedented 750000000000 Euro Coronavirus Recovery Fund after a 4 day self heated talks leaders agreed on the details of loans and grants to be given to countries hit hardest by the virus the breaks or came after a moments 90 hour session which nearly broke the record for the longest summit in history the loans will include full flow compliance measures meaning Member States will have to show up holding to receive the re...