Have a Good NEWS

. assembly with a global market index, the FTSE 100 153 in 5242 01:00

. George Papandreou: We will build the prosperity of Greece

. Germany rules out funds to bailout ? 2trn . Barack Obama: Europeans are "scaring the world"

. Check out the upcoming events in the agenda. Today's meeting

. Let us know what you think in a comment or ping @ graemewearden

14:25:

with Wall Street about to turn, I am sending this to my colleague Alex Hawkes .. more ...

14:07:

remarkable scene in Athens, at a press conference organized by the Ministry of Finance

Evangelos Venizelos

was disrupted by protests - led by members of his own department

Helena Smith

and has all the details:

Papandreou, while George is sounding upbeat in Berlin - German business leader said Greece will meet the commitment of the international community - the Ministry of Finance, he was greeted by a scene of. busy while he tries to outline some of those commitments. Press conference in Athens.

Evangelos Venizelos arrived recently from a more civilized climes of Washington, DC, was forced to wait staff at the Ministry of Finance, to protest wage cuts and loss of other benefits,. occupied the third floor of the meeting due to take place.

more than screaming "bread, education and freedom" slogan heard before the collapse of the military government in 1974, and scuffled with riot police outside the building when Venizelos was possible to discuss it. It is against the backdrop of noisy cacophony of a cat call, whistle and whirr of the drill of police cars.

"I know it's crazy that we should be taking to the streets. However, there are measures in the strict sense that we can lose 60% of the salaries of our "Yannis Perakis, I met with the protesters at a distance that is safe to say that the building" I've worked for the Ministry of the department's computer company. 20 years and has a Masters degree in the post. With these cuts, I would get home 1200 ? per month and I have two children. It is not fair. "

closer to the building as an employee of the Department of Veterans Leonidas Papayiannis of research has cooled a little. Following at the top of his voice that comes to blows with riot police at the entrance, he said, "Soon, all 300 of the politicians, we will leave this country in helicopters and submarines, they have. Not only have they stolen money from us .. On human dignity and the dignity of his loss that he will become animals and animals with him when he became a thief and a killer bite. They will ask a lot of people will be in six months and ? 700 when it is not just. "

protesters, including taxation, customs, and ministry officials say they are representative of employees 35,000.

01:50.

This Day (ish) round up of events so far

. Stock markets are rallying today on optimism that the euro debt crisis might be resolved with the FTSE 100 index was up 153 points or more than 3%. The 5243 . George Papandreou, Greek PM said that the German industry leaders Greece will rise again with the help of allies in Europe

. However, Germany and Spain have both rubbished. The idea of ??expanding the fund to help EFSF 2000000000000 ?

. BBC interview to talk directly with the merchant for stock market has attracted much attention .... but it is. scam or not

12:50:

Alessio Rastani

scam or not? We blogged earlier about how his appearance on BBC News 24 has gone viral with hundreds of thousands of people surprised by the fresh water that we callous trader of the stock market.

Twitter, and Facebook is now abuzz with speculation that it is all setup and Rastani is actually one of my men. (The BBC has taken in 2007 by impersonating a spokesman for Chemical, a large contract. Compensation following the Bhopal disaster.)

Rastani absolute

look

this morning's - on his Facebook page (now filling up with the most damage) appears to show Trade and holding him to the coaching of his main site, www.leadingtrader.com. I have been all day, so it was tricky to get in touch with him.

site was registered in February 2010, so if it's a scam, it is a damn good one.

doubts are creeping in to the BBC. But judging by the feed business news editor, Robert Peston Ace of more than 30 minutes

Home:.

@ peston: who is a trader on the BBC News y'day will have to see if you want to understand how the market crisis, the euro and the

then:

@ Peston: I know I'm not a genuine trader. I am trying to find out how the BBC he and his people. But he said the trader said that the private sector to do Also:

@ Peston: @ BBC said. dsquareddigest (& I) may have been hoaxed by YesMen if it was a brilliant ruse.

on the other hand

@ Peston: We talk to the operators of this morning, and as far as we can tell that he is a genuine free trader is not a member of the YesMen

development ....

12:39. Germany intends to grant to fund a bailout of the European Union will expand dramatically so. 2000000000000. ? does not appear

government spokesman, briefing reporters in Berlin that the Ministry of Finance

Schaüble Wolfgang

told his Cabinet colleagues this morning that a "plan. "To enlarge the image. European Financial Stability Fund. It will remain at ? 440bn.

"There is complete agreement on this issue in the cabinet," the spokesman said.

details of the "rescue package ? 2tn "first G20 meeting of finance ministers in Washington over the weekend. Since But many European governments have shown that the plan may be more of pipedream.

earlier today, the Minister of Economy of Spain, Elena Salgado also plan to assist ? 2tn during a TV interview.

° is upsetting the market, but nothing of this, with the FTSE 100 was up 3% or 154 points to 5243.

12:13:

More news from Berlin, where

Angela Merkel

announced that Germany. Still standing in Greece.

Merkel of Germany and the Federation Papandreou has told industry leaders in Greece where she intends to help "restore confidence" as long as it met financial targets:

we will give you all the help it needs from the German Greece to regain the trust

Merkel also told the meeting that the international regulation of hedge funds, "leaves much to be desired" - a suggestion that Europe might be moved to a more stringent control of this city has. not
our Berlin correspondent, Helen Pidd, also marked the day as a watershed moment in Germany:

tabloid, Bild, has come out in favor of the rescue fund. Today, editors are reluctant to admit that EFSF bailout is not just for the "Greek lazy", but also secure the financial stability of the whole of Europe - including Germany

they print up that Merkel should be added during the dinner, with Papandreou's Night - "! Make sure people pay taxes "their. "????????????????????????" "selling off national assets to go."

you can read the full editorial. (In German of course) here.

11:25: optimism

George Papandreou was received very well in the financial markets. We are now almost three and a half hours of trading and the FTSE 100 just hit the high end of the day.

blue-chip index is now up 131 points, or 2.59% at 5221.12, mining stocks continued to lead the risers (the Vedanta is now up by over 10%) and companies in the index. Everyone's FTSE 100 gained ground.

good words alone will not meet the long trader but as David Jones, chief market strategist index IG, explained:

gathering today is an impressive one. But it is difficult to see the strength of today's mining sector. The dead cat bounce in the economy of the country continues to suffer.

speech by Greek Prime Minister Papandreou in Germany this morning, with the balance of sadness and optimism for the future - but as usual it will not be long before it's grip. However the trader looking for action to back up all of the politicians.

10:55:

Papandreou, George

a refusal to be about. burial in Berlin. Greek Prime Minister, the leader of Germany in Athens this morning to meet commitments to the international community and the economy.

Papandreou told the German Federation of Industries:

I promise you, the Greeks, we'll soon be fighting our way back to growth and prosperity at this time of pain.

but to achieve that, he added, facilities, financial stability in Europe (the EFSF, bailout fund for Europe) will have a strong Greek PM also argued that Europe must accept the approach. with the Union victory over the fiscal year, if the speculators in the market to believe that a single currency is doomed.

with a much tighter fiscal supervision, we will have a permanent mechanism for the EFSF and the economic stability and solidarity.

euro zone now takes a bold step towards fiscal consolidation to maintain the financial stability of the Union, Let's not allow those who have bet on the euro is a success.

09:59.

"The government did not rule the world, Goldman Sachs rules the world"
a bold statement, and the admission that he had been dreaming about a recession for the last three years, a trader of the stock market