VOICE OVER
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The entire world sees Europe being gripped by
a crisis whose details are hard to understand
and whose nuances are harder still to discern.
Beyond the headlines, however, the crisis has
tangible effects on the daily lives of real
people.
VOICE OVER
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Georgiana Pavel is a 26 year old Romanian
woman who has just lost her job at a
multinational company in Bucharest.
SINCRON GEORGIANA PAVEL
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Georgiana Pavel is telling us that her employer
contracted its activity in Romania because of
the crisis.
VOICE OVER
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Georgiana is just one of the persons in Europe who
lost or is about to lose their jobs because of the
uncertain economic situation.
VOX
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Hans, 22, Germany: I dont want more taxes to
pay for those who are irresponsible
Dimitrios, 62,Greece: The politicians must
suffer for the austerity not the elderly
Ana, 30, Spain: Im about to lose my business
Florin, 44, Romania: I havent received my
payment in 3 months
VOICE OVER
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As European leaders go from one summit to
the next without a clear and decisive enough
course for navigating the crisis, the loss of
certainty and confidence takes its toll on the
economy. Even in cases when things would
not normally deteriorate, perceptions become
reality and businesses and individuals find
themselves at the harsh end of the situations:
banks, individuals and governments are faced
with increasingly more stringent demands for
meeting financial obligations, with cascading
effects
VOICE OVER
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VIDEO
STAND-UP in front of the European Commission
in Brussels.
VIDEO
Pictures of Georgiana coming home to her rented
studio after her last day of work. Photos of her and
former colleagues, snapshots from team buildings
and important projects she coordinated for the
company.
VIDEO
Georgiana speaking while shes packing her
stuff to move to a friend because she can no
longer afford the rent. Close ups and details of
her hands, nervousness.
VIDEO:
Shots of people of different ages doing various jobs
such as working on a computer, working on a
building site, manufacturing shoes, to show the
variety of social categories hit by the crisis
VIDEO
short interviews shot in the streets of Munich,
Athens, Barcelona and Bucharest, two shots
each, close up express emotion/concern and
general shot to see the surroundings, to
visually place the interviewee in the European
cities
VIDEO
Pictures running in parallel in split screen
One of the windows shows European political
leaders in their smart suits and confident
attitude, shaking hands and posing for the
cameras
The other window shows concerned citizens in
front of the ATMs, strikes in the public sectors
, unions meetings, citizens pushing empty
baskets in the supermarket
VIDEO
The camera shows the outside of a glass office
Ramon Ramirez is the owner of a software
company in Barcelona, Spain, whos been
experiencing difficulties for the last 6 months.
SINCRON Ramon Ramirez
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he can longer pay his bank loan for the
business, had to lay off employees.
VOICE OVER
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In the face of entrenched uncertainty about
the future of the EU economy, banks no longer
lend or are increasingly stern with loans
already extended. In the absence of financing,
businesses can no longer expand nor are
they willing to.
SINCRON Dominic Bruynseels at Erste
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about the role of confidence and perceptions
in finance why markets are jittery and how
did they get that way and how we can calm
them down
VOICE OVER
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At the level of national economies,
governments and their treasuries find
themselves forced to pay increasingly high
premiums for accessing capital markets.
Previously routine refinancing operations have
become unnecessarily exciting as the world
watches what spreads are being asked of
countries big and small. The level of 7% is
watched with dread and seen as a sign of
impending disaster or a bailout.
building, and through an editing transitions with
speed motion it goes through the window of
Ramons office and we see him at his desk
VIDEO
Ramon is shot while showing the camera his bank
statements, evidence of balance, figures
VIDEO
Pictures shot inside the banks, with assistants and
councilors talking with the clients. Close ups of
faces, eyes, hands, details of extracts and
statements.
VIDEO
Van Groninger or Bruynseels are interviewed
medium shot inside the bank, having the usual
business going in the background
VIDEO
Graphical reproduction of charts showing how
the figures grew. Interpretative charts showing
the evolution to 7%, with animated arrows.
Map of the countries(small and big) according
to the premiums they have to pay, with written
explanation of the critical situations.