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EU Summit Starts Today

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  • Description

    FBN’s Ashley Webster on the EU Summit in Brussels and euro bonds.

  • Duration 2:25
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We watched decision making in all long time certainly and please remember folks chief Justice Roberts.

Appointed by President Bush again you just never know which direction these -- justices will go but they take the law extraordinarily seriously.

As do we as we're watching it affect the markets and -- back up off the floor but still down about a 133 points.

Let's get to -- dance steps it -- the CME pointed out right away.

Europe is still -- very much the European summit in Brussels kicked off today as the Euro hits a three week low so.

Don't forget to factor -- there's a stronger dollar today that's affecting stocks Ashley Webster on the ground in Brussels.

Hi actually what they tell us.

Watson you want -- -- -- a huge -- here like literally three minutes ago and you wanna know why it's physically scored against Germany in the semifinal of the Euro 2012 football championships.

A lot of the -- journalists here in the news cafe watching the game -- just kinda tells you as we sit and wait behind find out.

What the EU leaders have managed to us -- out on this first day of meetings.

In fact they going to be in a working session for the next step out an -- also the which point we hope that so we'll get a press conference and get some details.

The most pressing issue for the EU leaders is Italy and Spain -- the huge amount of -- that.

These countries have -- the fear that their economies could collapse under the weight to their own debt and the inability to be able to borrow money at any reasonable rate.

The question -- always comes down to Germany what will be what would Germany be prepared to negotiate.

We've heard -- locals say nine a lot to many many things.

But we have told a little bit of softening whether there will be Euro bombs on not German math finance minister Wolfgang Schaeuble said look we may negotiate for Euro bonds.

But we have to have some stuff also some preconditions.

Stronger economic reforms and perhaps -- creation.

Of the European -- budget czar that's according to him so wait and see whether.

Germany will loosen up a little bit perhaps -- wheel and deal -- little bit more.

Who knows maybe a mrs.

Merkel -- prime minister Mario Monti have a ban on today's game.

It Italy wins -- -- Euro bonds and vice Versa we'll have to wait and see but we won't get any details.

For at least another Alan lists that certainly -- happy Italian journalists here right now.

Oh a lot of Bob -- that's incredible view night Kelly and I only say that because I don't know those Jersey so I -- Italian soccer Jersey not a -- -- -- -- -- Ashley thanks very -- this and actually just.

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