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Breaking news Europe's markets are closing right now on has been a gang -- -- meeting today the leaders from France Germany.
Italy and Spain and you see the losses there but you know what the losses -- fairly contained although the Dax.
Finishing down more than 1%.
Spain's finance minister saying that the country wolf formally request aid for its banks on Monday.
Then there's that big meeting.
Later next week Ashley Webster has the latest from Madrid -- -- Yeah hey day and it's been an interesting day already with -- all sorts of new information coming out you mentioned that -- mini summit going on in Rome today they.
Leaders of the four biggest economies in the eurozone.
Actually pledging an agreeing that so they would come put together a package of growth package that calling -- a 130 billion euros.
But in addition to the austerity measures but they did not talk about using the bailout fund to buy the -- of Spain and Italy in particular.
They also did not discuss the issue of Euro bonds something that Germany has absolutely said.
-- sudden interest thing also the EC they perhaps feeling a little bit of Sandra head of the summit in Brussels next week.
By announcing that it will reduce the rules on lending other words it -- except less -- -- Collateral in order for banks to tap into -- loans that's an interesting developments he can see they.
The wheels turning that things are perhaps changing -- little -- with regard to how the rules are enforced by the eurozone meantime -- -- -- -- -- por economy continuing to have its impact.
Earlier today I visited a language school the international house where a number of students are a growing number of students especially young adults up.
Trying to improve their English in hopes of getting a job.
Tell you need to improve my name is a I it was a neighbor and then they had two months ago -- -- -- to make big.
That is part of these tying them come by entities -- -- day.
Head being working dean in enough by a promise -- -- got company reserves is not.
And I -- dumping this thing up so what would you like to do.
And is studying and they have facility to go up road -- to get a job where would you go for it -- and it I IE.
-- buying adult.
Well wherever I can find a job that's very common message that we've heard here at -- and by the way most Spanish -- book companies.
Requires certify proficiency in English say -- have.
Have to have it in order to be competitive to find a job.
Back to you.
Thank you Ashley at Ashley Webster in Madrid.
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