Captions

Timecode

Words

SPRINGSHOT PRODUCTIONS

THE GREAT EUROPEAN

Disaster Movie

Director: Annalisa Piras

Caption In 10:00:00

EUROPE 35,000 FEET

IN THE NEAR FUTURE

Out 10:00:05

10:00:03

AEROPLANE SOUND/ MULTIPLE VOICES

10:00:28

PILOT

Good evening folks, this is the captain. Just to let you know, we’ve got a bit of weather on the horizon, so things might be getting a little bit bumpy up ahead. Er, we’ve also just been told that our destination, Berlin Tempelhof, is having a few problems with its power supply, which may cause us a little bit more of a delay-

10:00:47

CHARLES GRANDA

Oh for fu-

10:00:48

PILOT

But, er, we’ll do our best to keep you fully updated. In the meantime Tim and the cabin crew will be happy to look after you with a great range of drinks and snacks. All stable European currencies are accepted, of course with the exception of: Spanish New Pesetas Greek New Drachmas-

10:01:05

LOUD TURBULENCE

10:01:07

SOUND OF SEAT-BELT SIGN TURNING ON

10:01:12

LOUD TURBULENCE

10:01:13

SEAT-BELT SOUND

10:01:19

SOUND: CHARLES GRANDA OPENS OVERHEAD LOCKER

10:01:28

JANE MONNETTI

It’s going to be ok, isn’t it?

10:01:31

CHARLES GRANDA

Yeah… Yeah… Well I think so.

10:01:35

JANE MONNETTI

Are you scared?

10:01:37

CHARLES GRANDA

No, no, no I’m not scared. I am a bit late. In two hours time I’m supposed to giving a speech in Berlin, in a museum.

10:01:46

JANE MONNETTI

What about?

10:01:49

CHARLES GRANDA

The European Union.

10:01:51

JANE MONNETTI

What’s that?

10:01:53

CHARLES GRANDA

Hmmmm

Caption In 10:02:11

1945

Out 10:02:14

Caption In 10:02:41

cinematheque suisse

out 10:02:53

Caption In 10:02:44

1946

Out 10:02:47

10:02:44

WINSTON CHURCHILL

If Europe were once united in the sharing of its common inheritance there would be no limits to their happiness. To the prosperity and the glory.

Caption In 10:02:54

1951

Out 10:02:57

10:03:04

SHOUTING. EXPLOSIONS

Caption In 10:03:08

2013

Out 10:03:12

10:03:05

AMERICAN FEMALE NEWS REPORTER

Breaking news out of Ukraine. We’ve now learned that Ukraine’s military did fire ballistic missiles at rebels.

Caption In 10:03:15

2017

Out 10:03:18

10:03:13

ENGLISH FEMALE NEWS REPORTER

Great England Prime Minister, Nigel Farage, has announced the successful deportation of all immigrants who have arrived in the past 10 years.

10:03:21

FRENCH NEWS REPORTER

La nouvelle president... [overdubbed by ENGLISH FEMALE VOICE] The new president of France, Marie Le Pen declared a state of emergency...

10:03:25

FEMALE NEWS REPORTER

[Echoing]... state of emergency.

Caption In 10:03:29

2018

Out 10:03:32

10:03:29

MALE NEWS REPORTER

Greece has unilaterally cancelled all of the country’s debt.

10:03:30

FEMALE NEWS REPORTER

[Echoing]... all of the country’s debt.

Caption In 10:03:37

2019

Out 10:03:41

10:03:37

FEMALE NEWS REPORTER

Spain is accused of sabre rattling, after closing all access to Gibraltar.

10:03:47

FEMALE NEWS REPORTER

In Berlin, in a dramatic EU council meeting, the Euro has been abolished.

Caption In 10:03:50

2020

Out 10:03:54

10:03:55

FRENCH NEWS REPORTER

Emeutes, pillage...

10:03:56

[Overdubbed by FEMALE NEWS REPORTER]

Rioting, looting and civil disorder is escalating across Europe after the shooting of protesters in Rome.

Caption In 10:04:06

2021

Out 10:04:09

10:04:05

FRENCH NEWS REPORTER

La president de la… [Overdubbed by MALE NEWS REPORTER] The EU council president, Angela Merkel, has resigned.

10:04:13

SPANISH NEWS REPORTER

Reclutas en los combates en Vienna... [Overdubbed by FEMALE NEWS REPORTER] ...fierce fighting in Vienna. The advance of the Islamic state seems unstoppable.

10:04:29

ITALIAN FEMALE NEWS REPORTER

It’s over. The European council has voted to abolish the European Union.

Titles in 10:04:35

THE GREAT

EUROPEAN DISASTER

MOVIE

Out 10:04:45

10:04:48

THUNDER. AEROPLANE ENGINES

10:05:08

CHARLES GRANDA

*Sighs*

Caption In 10:05:11

EUROPE

THE YEAR IS 2014

Out 10:05:16

10:05:11

THUNDER

10:05:19

GEERT MAK

The problem is, we are in the middle of a so-called “Perfect Storm”. Nobody knows where to start… it’s part of the problem.

10:05:31

GEERT MAK

The first thing we have to do is, I think, separate the problems.

Caption In 10:05:38

GEERT MAK

AUTHOR, “IN EUROPE”

DUTCH- EUROPEAN

Out 10:05:43

10:05:37

GEERT MAK

At first, it is a crisis of a financial system, which ran totally out of hand, like a bad ghost.

Caption In 10:05:48

MARTIN WOLF ASSOCIATE EDITOR, FINANCIAL TIMES.

BRITISH-EUROPEAN

Out 10:05:53

10:05:48

MARTIN WOLF

If one wants to ask whether another financial crisis is possible, the answer is unquestionably, yes.

10:05:55

GEERT MAK

It is also a crisis of European leadership. Everybody is afraid to do something because for leadership, you need also generosity.

10:06:05

And the Germans have big problems with both.

10:06:10

BERNARD GUETTA

L’alliance franco-allemande est toujours là, mais nous sommes au bourde d’une rupture possible.

Caption In 10:06:15

BERNARD GUETTA

JOURNALIST, FRANCE INTER

FRENCH EUROPEAN

Out 10:06:19

10:06:15

L’union peut absolument se défaire dans les ans ********

Caption In 10:06:25

PHILIPPE LEGRAIN

AUTHOR, “EUROPEAN SPRING”

BRITISH EUROPEAN

Out 10:06:30

10:06:22

PHILIPPE LEGRAIN

Does Germany want to be surrounded by vassal states, er, that hate it? Or does it want to be surrounded by a fairer, freer and more prosperous European Union.

10:06:37

GEERT MAK

This is a crisis of the European institutions. All the mistakes they have made in the last twenty years come to the surface.

10:06:46

BERNARD GUETTA

Il ya une colère immense et à measure très largement justifiée.

10:06:55

PHILIPPE LEGRAIN

There is popular outrage against the establishment, against the EU, misdirected against foreigners and immigrants.

Caption In 10:07:11

FELIPE GONZÁLEZ

FORMER PRIME MINISTER OF SPAIN

SPANISH-EUROPEAN

Out 10:07:16

10:07:06

FELIPE GONZALEZ

Lo que nos falta es tiempo. El retroceso Europeo tiene un punto de no reversibilidad, a poca distancia.

10:07:15

Si no se reacciona ahora, no se recuperará ni posición en el mundo ni posición ante los ciudadanos y ganará el nacionalismo insolidario.

10:07:27

BILL EMMOTT

We Europeans really are sleep-walking towards disaster...

Caption In 10:07:32

BILL EMMOTT

FORMER EDITOR, THE ECONOMIST

BRITISH-EUROPEAN

Out 10:07:37

10:07:32

...Just as we did a hundred years ago with the first world war and like then, we risk dragging the whole world down with us.

Caption In 10:07:43

ANNA DIAMANTAPOULOU

FORMER EDUCATION MINISTER OF GREECE

GREEK-EUROPEAN

Out 10:07:48

10:07:40

ANNA DIAMANTAPOULOU

The dilemma is clear. Are we going to proceed with business as usual? Or we have to make something totally different.

Caption In 10:07:54

PETER MANDELSON

FORMER EUROPEAN TRADE COMMISSIONER

BRITISH-EUROPEAN

Out 10:07:59

10:07:51

PETER MANDELSON

That’s what I really fear, if the European Union just gives up the ghost and says we can’t or shouldn’t make the effort any longer. None of us would gain.

10:08:03

MARTIN WOLF

The European Union can implode. What we are now confronting is one of the most important moments in European history.

10:08:12

THUNDER. AEROPLANE ENGINES

10:08:18

BAG UNZIPPING.

10:08:21

CHARLES GRANDA

There you go.

10:08:23

JANE MONETTI

Money. Is it worth anything?

10:08:25

CHARLES GRANDA

Only to collectors… Or archeologists. I was going to use that in my talk.

10:08:30

JANE MONNETTI

Your talk was about money?

Caption In 10:09:12

BARCELONA - SPAIN

2014

Out 10:09:17

10:08:32

CHARLES GRANDA

It was about how Europe imploded… and that was partly to do with money. See this is the most valuable piece of paper to have come out of the European single currency. See all these bridges, that was supposed to symbolise unity, unification, all the countries being connected. It was a great idea but, unfortunately, it didn’t work. Quite the opposite. The EU leaders seemed to think they could have a single currency without any solidarity. After six years of doing nothing, third recession in a row, the whole world economy collapsed. Of course Spain were one of the first countries to go under.

10:09:32

GUILLEN

Jo crec que estem en un punt d’ inflexió per Catalunya, per Espanya i per Europa.

10:09:41

Tot i que l’ economia millori, la darrera crisi deixa Espanya en una situació tràgica per milers de ciutadans.  L’ exclusió social és evident a tot arreu.

Caption In 10:10:08

GUILLEN

ARCHITECT
CATALAN-EUROPEAN

Out 10:10:13

10:09:57

En realitat tot això va començar amb l’ explosió de la bombolla immobiliària, que com arquitecte i professor implicat en temes culturals vaig viure de primera mà i va ser l’ inici de tot plegat.

10:10:14

Jo crec que en els últims anys, clarament hi ha hagut un increment de la voluntat de participació social, o sigui cada cop més gent vol dir la seva, en allò que l’ afecta.

10:10:30

El moviment d’ Independència a Catalunya, és una aspiració histórica. Als darrers anys potser ha crescut molt com a reacció local a la crisis i potser la globalització,

10:10:39

Però a vegades sembla confús, però el nacionalisme català és pro-europeu, no és Euro-escèptic si no Espanya-escèptic podríem dir.

10:10:49

I beu d’ una idea d’ Europa de les Regions, un aliat com per protegir la seva identitat, i exigir alhora el dret a decidir, canvis, probablement una mica com fan a Escòcia.

10:11:15

Moltes organitzacions de base, estan tractant de donar resposta. Potser la més coneguda és la PAH “La Plataforma d’ afectats per l’ hipoteca”.

10:11:24

HOMBRE CON MEGÁFONO

Buenos días a todos y a todas, muchas gracias por venir. Os explico la situación.  

10:11:30

En los barrios populares como Nou Barris se están produciendo de 15 a 20 desahucios semanales.

10:11:36

La Administración esto lo está ocultando. Hoy mismo aquí en Nou Barris, sabemos que hay 7 desahucios.

10:11:43

Ni Servicios Sociales ha avisado a esta familia, ni Judicatura, ni nadie.

10:11:49

WOMAN

Me han quitado 200 euros de pirmi, yo pagaba aquí 600 de alquiler,

10:11:54

ahora cobro 423 euros y nada, me quieren dejar en la calle con un niño de 7 años y otro niño de 4.

10:12:00

HOMBRE PAH

España vive una situación de emergencia habitacional que no vive ningún país en Europa. O sea llevamos más de 500.000 ejecuciones hipotecarias en los últimos 5 años.

10:12:09

15 O sea yo creo que nos queda recorrido para que en toda la Unión Europea haya conciencia realmente del drama que se está viviendo aquí.

10:12:15

BLOND MAN

Para el Gobierno todo está bien, pero ¿para nosotros? ¿Qué es lo que está bien? ¿La calle?

10:12:19

MUJER GRITANDO EN LA CALLE

Vecino despierta! Desahucian en tu puerta!

10:12:23

HOMBRE CON MEGÁFONO

¿Cómo que Servicios Sociales no ha comunicado a esta familia que tenían desahucio hoy?

10:12:30

HOMBRE CON TRAJE

Como Distrito y Como servicios sociales no hemos recibido nada, nada de nada.

10:12:34

GENTE GRITANDO EN LA CALLE

Mentiroso! Mentira! Mentira!

10:12:41

HOMBRE CON MEGÁFONO

Estamos hablando de pobreza. Estamos hablando de que la gente con 400 euros, incluso familias que no cobran nada, no pueden hacer frente ni al alquiler, ni a las cosas más básicas que tienen.

10:12:53

HOMBRE RUBIO

¿Por qué Noruega, Suecia no se ha hablado de crisis allí? Porque están pagando a razón de lo que cobran.

10:13:03

Aquí no, aquí pagamos más de lo que cobramos.

10:13:04

HOMBRE Y GENTE DE LA CALLE

Sí se puede! Sí se puede! Sí se puede! Sí se puede! Sí se puede! Sí se puede! …

Caption In 10:13:23

PABLO IGLESIAS

GENERAL SECRETARY OF PODEMOS PARTY

SPANISH- EUROPEAN

Out 10:13:28

10:13:22

PABLO IGLESIAS - PRESIDENTE PODEMOS

Es un honor intervenir después del que va a ser el próximo Presidente de Grecia.

10:13:28

Nosotros sí que os vamos a estar mirando, compañero Alexis.

Caption In 10:13:35

ALEXIS TSIPRAS

LEADER OF SYRIZA

GREEK- EUROPEAN

Out 10:13:40

10:13:32

ALEXIS TSIPRAS

Sí se puede!

Graphics card:10:13:42

FAR LEFT PARTIES

FAR-LEFT PARTIES IN SPAIN AND GREECE- DECEMBER 2014 Polls

PODEMOS 28.3% SPAIN

SYRIZA 27.0% GREECE

Out 10:13:53

10:13:56

GUILLEN

Per mi l’èxit de Podemos a Espanya o Syriza a Grècia, que ara treballant junts, es basa en la mateixa premissa,

10:14:03

i és que no és just que les persones més pobres de la societat hagin de pagar per una crisis que no han causat.

10:14:10

Jo també participo de la idea de que només des de un canvi radical es pot fer renéixer alguna cosa interessant de les ruïnes d’aquests 6 anys d’ Euro crisis.

10:14:19

Perquè hi ha un diagnòstic clar de reptes d’ errors, i responsabilitat, i si els partits tradicionals no reaccionen, pues és bo que moviments ciutadans els posin nerviosos.

10:14:33

Jo crec que la societat ha sigut capaç d’ entendre que hi ha una part d’autocrítica, que hi ha una part que és responsabilitat de polítics, i que hi ha un altra part que és responsabilitat de polítics europeus.

10:14:43

Representat amb l’ Angela Merkel que va ser d’ alguna manera el cap de turc de tota aquesta visió, com a no possibilitar una alternativa a la retallada.

10:15:04

Segueix havent un sentiment de somni i que té a veure amb aquesta idea de que un dia doncs, l’ Unió Europea pugui ser algo més que un mercat econòmic comú, i realment pugui -…

10:15:15

tots aquells valors que se suposa que estan en la seva fundació passar del paper a la realitat.

10:15:24

Doncs aquestes qüestions de que tothom que viu en els països europeus tingui unes condicions mínimes de Benestar Social, també ha de passar del paper a la realitat.

10:15:36

I no sempre crec que les polítiques publiques acompanyin aquest procés.

Caption In 10:16:00

BILL EMMOTT

FORMER EDITOR, THE ECONOMIST

BRITISH-EUROPEAN

out 10:16:05

10:15:54

BILL EMMOTT

Europe’s welfare system is the most advanced in the world, but we’re losing it. We need to do more to protect it. It’s being threatened by growing inequality, which also a threat to economic growth.

Caption in 10:16:06

THOMAS PIKETTY

AUTHOR, “CAPITAL IN THE 21^ST CENTURY”

FRENCH-EUROPEAN

Out 10:16:11

10:16:06

THOMAS PIKETTY

C’est important d’etre conscience à parce qu’on parle beaucoup des dettes publiques et prives européens.

10:16:12

C’est vrais ils sont importantes, mais on a aussi des patrimoines, ça veut dire que les actifs immobiliers financiers que les européens possèdent même après avoir retirer tous les dettes, c’est 6 années de produit intérieur brut européen. C’est plus que les Etats Unis. Simplement on ce organise mal, nos institutions sont dysfonctionelles, on a du mal à faire rentrer les impôts.

Caption In 10:16:31

ÉLISABETH GUIGOU

POLITICIAN
FRENCH-EUROPEAN

Out 10:16:36

10:16:31

ÉLISABETH GUIGOU

Ce n’est pas possible. La commission cifre a mille milliards de euro, l’évasion, l’évasion c’est un terme pudique, la fraude fiscale. On ne peut pas demander des efforts, pour baisser le déficit et baisser la dette et au même temps laisser quelques uns, en général les plus privilèges d’ailleurs, placer leur argents dans des paradis fiscaux et là nous avons été gravement défaillants, pour ça même de l’Union Européenne. Je crois que il y une crise de conscience. Mais vous voyez que il faut des mesures courageuses pour faire tout ça.

Graphics card: 10:17:04

COST FOR EU TAXPAYERS TO RESCUE EU BANKS, 2008-12:

591.9bn EUROS

ESTIMATED TAX EVASION IN THE EU

1trn EUROS PER YEAR

Out 10:17:17

10:17:18

CHARLES GRANDA [+AEROPLANE ENGINES]

One of the most sickening things was what happened with the banks. I mean they were like ticking bombs waiting to go off. Run with the integrity of a second-hand car dealership. So everyone knew of course that they could go off at any time and cause immense collateral damage but no one would take them on, no one would reform them. Know what I mean?

Caption in 10:17:55

MARTIN WOLF

ASSOCIATE EDITOR, FINANCIAL TIMES

BRITISH-EUROPEAN

Out 10:18:00

10:17:48

MARTIN WOLF

Could London play a more productive role? In the financial sector we made tremendous mistakes before the crisis. But I think we have played a moderately productive role in considering reform after the crisis.

10:18:06

But it is certainly true that we haven’t done something really radical for two basic reasons: the lack of intellectual self-confidence in such a transformation and of course the immense power of the status quo. The sheer scale of financial sector interest today.

10:18:27

MARTIN WOLF

We still have very extended balance sheets, very large amounts of credit- public and private- outstanding. If the economies go badly wrong, yes we could certainly have another crisis.

Caption In 10:18:44

PHILIPPE LEGRAIN

AUTHOR, “EUROPEAN SPRING”

BRITISH-EUROPEAN

Out 10:18:49

10:18:41

PHILIPPE LEGRAIN

European banks need to be cleaned up, and tamed. We need to break their political power, we need a smaller, simpler and safer financial system. European policy makers have systematically favoured the interests of powerful German and French banks - the banks that caused this crisis - over the interests of citizens of citizens as a whole.

Graphics Card: 10:18:50

THE EURO PARTY

€ BILLION

WHO GOT THE RESCUE MONEY?

EUROPEAN BAIL-OUT

UK 200€

FRA 228€

GER 257€

IRL

SPA

GRE

UK 89€

FRA 95€

GER 107€

Out 10:19:17

10:19:15

MARTIN WOLF

There have been some important policy successes by the eurozone, particularly the action by the European Central Bank.

Caption In 10:19:23

2012

10:19:27

10:19:22

MARIO DRAGHI

The ECB is ready to do whatever it takes to preserve the Euro. And believe me, it will be enough.

10:19:32

MARTIN WOLF

In a deflationary situation, you need a very very aggressive central bank. QE or not QE. The Bank of England and the Federal Reserve pursued, broadly speaking, the correct monetary policy. Unfortunately, the ECB has been hamstrung. So the German resistance in the central bank should go.

10:19:52

I also do believe that a monetary union requires some Eurobonds and I think there needs to be debt restructuring. Absolutely clear. On the present path, the risks of a breakdown are rising. So, the break up of the Euro would be carnage, economically and politically and it’s quite unlikely the European Union would survive.

10:20:19

AEROPLANE ENGINES

10:20:23

CHARLES GRANDA

Who was to blame for all that? Well, the British for sure. And the French, too.

10:20:27

ADAM SMITH

What about the Germans? Obsessed with austerity and punishment. Austerity was maybe right for them but to make all Europeans do it simulataneoulsy was suicidal. That’s what led to catastrophe.

Caption In 10:20:49

GERMANY

2014

Out 10:20:53

Caption In 10:21:25

SOSCHA

FORMER VICE-PRESIDENT, GERMAN RED CROSS

GERMAN–EUROPEAN

Out 10:21:29

10:21:32

SOSCHA

Auf der einen Seite, möchte niemand, wie man es mal formuliert hat, ein deutsches Europa haben. Auf der anderen Seite möchten sie, dass Deutschland sehr viel klarer führt. Wie kann Deutschland sehr klar führen, wenn es dann nicht als ein deutsches Europa wahrgenommen wird? Es ist ein bisschen ein Dilemma.

10:22:10

BENEDIKT

Eine ganz tolle Geschichte, denn wir sind denn doch bis vor zwanzig, dreißig Jahren eigentlich zu erzogen worden, dass wir alles bitteschön machen sollen bloß keine Leadership übernehmen. Nun wird uns suggerieret, dass wir doch vielleicht tun sollten.

Caption In 10:22:24

BENEDIKT

BUSINESSMAN

GERMAN-EUROPEAN

Out 10:22:29

10:22:24

Warum fragt man uns, dass wir Leadership übernehmen sollen?  Also ich würde sagen zunächst einmal wagen, dass es freut uns sehr, dass BMW überall verkauft werden, bezahlt werden, was ist mehr aber das deutsche Rezept funktioniert nicht in Griechenland.

10:22:51

Die Deutsche eher zu neigen, nur das auszugeben, was sie verdient haben während andere hinwiederum auf Pump, quasi auf Kredit Dinge kaufen. Da kommt, glaube ich, die Kopflastigkeit zwischen Nordeuropa und Sudeuropa her. Und dass ist der große Problem.

Caption In 10:23:31

MORITZ

CHIEF EXECUTIVE, INVOISCOAT GMBH

GERMAN- EUROPEAN

Out 10:23:35

10:23:16

MORITZ

Ich glaube schon, dass meine Generation und junge durchaus Schwierigkeiten hat damit zu verstehen warum vermeintlich sie zur Kasse gebeten werden für Dinge, die sie selber nicht Verantwortung haben.

10:23:35

Aber ich glaube auch, dass die deutschen Politik hier ein großen Fehler gemacht hat, wie, in übrigen, auch die anderen Länder hier ein Fehler gemacht haben, wie der in der Kommunikation zu erleuchten wo um geht es eigentlich.  

10:23:52

MORITZ

Das Bild in Europa von dem egoistischen, erfolgreichen Deutschen, der natürlich versucht sein Reichtum zu verteidigen und deswegen entsteht etwas die Meinung, dass man das nicht teilen möchte. Es gibt da dieses Bild des Onkel Fritz, der immer auf dem Geldsack sitzt und sagt eigentlich alles für mich! Ich glaube, dass die große Mehrheit des Deutschlands ist aber gar nicht für sie sondern, dass man schon bereit ist ein gewissen Reichtum und Wealth entsprechen zu verteilen, so wie wir auch das hier innerhalb unseres Landes tun.

10:24:29

MORITZ

Und damit haben sie Recht, ich glaube, dass sie damit Recht haben weil dieser Wohlstand der war selbst arbeitet worden von den Deutschen aber er basiert doch auf der EU und auf die Export und die Zusammenarbeit mit den europäischen Ländern.

10:24:51

Ich kenne kaum ein mittelständiges Unternehmen, das war ein Wachstum nur in Deutschland hingekriegt hätte sondern auch hier sind natürlich Europas Möglichkeiten für jedermann mehr als willkommen. Europa ist für uns und für die Firma sehr wichtig. Wir können diese Hochtechnologiprodukte, die wir hier entwickeln für unsere Kunden und mit unsere Kunden nur durch das Netzwerk im europäischen Raum gewähr leisten.

10:25:22

Das ist schon etwas was man gemeinsam geschaffen hat und ich glaube auch, dass Frau Merkel gut daran tut dieses Europäische Gefühl so weiter aufrecht zu erhalten und auch uns den Bundesbürger mitzuteilen das wir weiter dafür auch arbeiten müssen.  

Graphics Card: 10:25:38

WHERE GERMANY EXPORTS

DESTINATIONS, 2013

EU 57%

EUROZONE 37%

CHINA 6.1%

SWITZERLAND 4.3%

RUSSIA 3.3%

USA 8.1%

TURKEY 1.9%

Out 10:25:56

Caption In 10:26:02

MARTIN WOLF

ASSOCIATE EDITOR, FINANCIAL TIMES

BRITISH-EUROPEAN

Out 10:26:07

10:25:55

MARTIN WOLF

Its most important trading partners remain other European countries. So if everbody cuts spending at the same time, there’s not enough demand: you get deflation, you get even bigger problems with debt because you can’t reduce your debt if they economy’s not growing.

Caption In 10:26:13

PHILIPPE LEGRAIN

AUTHOR, “EUROPEAN SPRING”

BRITISH-EUROPEAN

Out 10:26:18

10:26:12

PHILIPPE LEGRAIN

It might seem like it’s in Germany’s interests to insist that all the money that was lent to Southern Europe by German banks is paid back in full. But the consequences of that is a prolonged depression in Southern Europe, that is affecting Germany too; high unemployment, with potentially catastrophic social and political consequences; the rest of Europe resenting Germany, which is what Germany has tried to avoid for the last sixty years; and ultimately potentially destroying the European Union, which Germany has striven so hard to build.

Caption In 10:26:47

ME AND MR MARSHALL

Out 10:26:52

Caption In 10:26:52

BERLIN

Out 10:26:55

10:26:53

AMERICAN MALE VOICEOVER

Meanwhile in Berlin, the US commissioner General Maxwell Taylor announces the release of the first ERP counterpart funds for this afflicted city.

Subtitles in 10:27:01

The release today of 1,590 million

Deutsche Marks…

10:27:07

in ECA counterpart funds

for investment in Berlin…

10:27:12

is an important event

for this city’s economy.

Out 10:27:16

10:27:01

Archive GERMAN SPEAKING (NOT TRANSRIBED)***

Caption In 10:27:27

BILL EMMOTT

FORMER EDITOR, THE ECONOMIST

BRITISH-EUROPEAN

Out 10:27:31

10:27:19

BILL EMMOTT

I think we’ve forgotten history. After 1945, American, with its Marshal plan, rescued Germany by writing off a lot of its debt, and rescued Europe with a massive public investment program.

10:27:33

AMERICAN MALE NEWSREADER

As economic stagnation spread, more and more factories shut down. For lack of power, the Fiat plant closed and Pietro Leone was down and out.  

10:27:45

BILL EMMOTT

What we need now is the same, a Merkel plan. And Eurobonds should be part of that. Germans are nervous about such collective borrowing, sharing responsibility, because they know that Greece in the past lied about its deficit.

10:28:00

MARTIN WOLF

If the Eurozone fails, it will German’s responsibility. They cannot evade that. And it would mean that the most promising opportunity ever to unite Europe peacefully will have failed. And I think if that opportunity is gone, it might never return.

Caption In 10:28:17

END

Out 10:28:21

10:28:22

MARTIN WOLF

Who signed up, 10 years ago, 20 years ago, 30 years ago, for Europe with the promise that you’ll have a slump for 15 years? Even in Spain, the economy will not recover back to where it was in 2008 until 2018 or 2019 and I have no idea when it will happen to Italy. As things are at the moment it’s very unlikely before the 2020s.

10:28:45

ITALIAN VOICES

Presidente! Presidente!

10:28:47

ITALIAN PRESIDENT

Vorrei dire ai nostri amici dell'Economist che il vero gelato italiano é il gelato artigianale e non quello confezionato!

10:28:55

MARTIN WOLF

So the eurozone is becoming a zone of anger and mutual incomprehension. The patience is quite unlikely to last.

10:29:04

MULTIPLE VOICES [singing]

Do you hear the people sing? Singing a song of angry men? It is the music of a people Who will not be slaves again!

10:29:17

[Song continues.  simultaneous]

10:29:17

FRENCH WOMAN

The policies that have been carried out until now have not worked.

10:29:21

MULTIPLE VOICES

When the beating of your heart Echoes the beating of the drums There is a life about to start. When tomorrow comes!

10:29:25

FRENCH WOMAN [Simultaneous]

Twenty-six million people unemployed, ten million more than in 2008.

10:29:30

MULTIPLE VOICES [singing]

Will you join in our crusade?

Who will be strong and stand with me?

10:29:33

MAN IN BROKEN FRENCH[Simultaneous]

Non austeritie. Non dumping sociale. Mais oui, a une Europe sociale

10:29:37

MULTIPLE VOICES [singing]

Beyond the barricade

Is there a world you long to see?

10:29:40

MAN SPEAKING INCOMPREHENSIBLE LANGUAGE *(subtitles in english)

Not only us but many countries believe now that they could be better off outside the EU.

10:29:44

MULTIPLE VOICES

Then join in the fight

That will give you the right to be free!

Do you hear the people sing?

Singing a song of angry men?

It is the music of a people

Who will not be slaves again!

When the beating of your heart

Echoes the beating of the drums

There is a life about to start

When tomorrow comes!

10:30:14

GREEK MAN [Simultaneous]

Θεωρώ ότι είναι απαράδεκτο τόσα χρονια η ευρωπαϊκή Ένωση και μάλιστα οι χώρες του ευρο να μην υπάρχει μια ενιαία οικονομική πολιτική

10:30:14

MULTIPLE VOICES

Will you give all you can give

So that our banner may advance

Some will fall and some will live

Will you stand up and take your chance?

The blood of the martyrs

Will water the meadows of France!

Do you hear the people sing?

Singing a song of angry men?

It is the music of a people

Who will not be slaves again!

When the beating of your heart

Echoes the beating of the drums

There is a life about to start

When tomorrow comes.

10:30:56

EXPLOSION. WHISTLES.

10:30:59

AEROPLANE ENGINES.

10:31:04

TYPING.

10:31:05

PILOT

Hello again, er, ladies and gentlemen, I’m afraid to say that due to the German energy crisis, Berlin Tempelhof has suffered a complete power failure. So it looks as though we are being rerouted to Amsterdam Schiphol. You will need to remember to update your immigration status for the Netherlands on your virtual landing card.

Graphic: 10:31:24

LANDING CARD - VISA STATUS

THE NETHERLANDS BORDER AGENCY

Family Name: GRANDA

Name: CHARLES

NATIONALITY: ENGLISH

Profession: ARCHAEOLOGIST

Date of Birth:

Out 10:31:35

10:31:24

WARNING SOUND

Graphic: 10:31:35

LANDING CARD - VISA STATUS

THE NETHERLANDS BORDER AGENCY

UNACCOMPANIED CHILD

Family Name: MONNETTI

Name: JANE

NATIONALITY: ITALIAN

Date of Birth:

Out 10:31:41

Graphic: 10:31:44

LANDING CARD- VISA STATUS

THE NETHERLANDS BORDER AGENCY

Family Name: GRANDA

Name: CHARLES

NATIONALITY: ENGLISH

Profession: ARCHAEOLOGIST

Date of Birth: 01-06-1974

Age:56

Medical rec: HIGH BLOOD PRESSURE

Departure: LONDON CITY

Destination: BERLIN

Digital signature: CONFIRMED

VISA APPROVED

Thank you!

Out 10:31:48

Graphic: 10:31:49

LANDING CARD- VISA STATUS

THE NETHERLANDS BORDER AGENCY

Family Name: SMITH

Name: ADAM

NATIONALITY: SCOTTISH

Profession: ECONOMIST

Date of Birth:01-06-1968

Age: 62

Medical rec: DIABETES

Departure: LONDON CITY

Destination: BERLIN

Digital signature: CONFIRMED

VISA APPROVED

Thank you!

Out 10:31:52

Graphic: 10:31:53

LANDING CARD- VISA STATUS

THE NETHERLANDS BORDER AGENCY

UNACCOMPANIED CHILD

Family Name: MONNETTI

Name: JANE

NATIONALITY: ITALIAN

Date of Birth:01-06-2022

Age: 8

Medical rec: BIOLOGICAL HAZARD FREE

Departure: LONDON CITY

Destination: BERLIN

Assitance Required!

DEPORTED FROM ENGLAND

Mother below minimum income

Out 10:32:02

10:32:07

AIR HOSTESS

Are you ok, honey? Don’t wory, your mum’s been notified and all is absolutely fine. Would you like a soda?

10:32:14

JANE MONNETTI

Yes, please.

10:32:16

CHARLES GRANDA

And I’ll have a chinese whiskey.

10:32:18

AIR HOSTESS

Of course, sir.

10:32:20

JANE MONNETTI

You’re going to miss your talk.

10:32:22

CHARLES GRANDA

Yes, yes… Well I don’t suppose anyone will be terribly upset. They weren’t very worried about the EU at the time. They’ll be even less worried now.

10:32:31

JANE MONNETTI

A bottle.

10:32:33

CHARLES GRANDA

A milk bottle.

10:32:34