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Ever more on -- European markets let's go live to London where we're joined by Alistair McCain market analyst.
For IG good morning Alastair there were some large protests.
Across Spain this weekend -- unemployment there hit 27%.
Have this pretty new recommendations on how to fix that problem.
Morning -- unfortunately -- -- -- the very short sense that.
I mean now we have got a -- -- a group meeting going on in Brussels today with all that the key had to finance that from the seventeen nations.
I certainly the equity markets would -- would -- to think that something might -- come out of this.
Other than may be and increasing that timeline for repayments of debt.
Short term it seems unlikely that any new policies.
Might -- come out of this meeting but I guess -- we look at set -- Spain and -- Portugal.
That they're having their Iberian peninsula.
Meeting themselves today to discuss that a number of issues that affect -- for those countries.
And I think when we look at that they're not really on -- and there are a number of other countries.
In the -- -- increases well which have pretty high unemployment levels when you drill down a little bit further from the types of unemployment levels which about enough as they are about 25%.
In all of those countries that youth unemployment is is is pretty willful across the board and that's really the main area that they'll need to target.
And Alice -- and he's been officials when these countries that are having similar problems try to get together like Spain and Portugal.
Are doing today is that something that you would recommend and what kind of resolutions can they come up with.
But -- in reality I guess about the biggest benefit that's gonna come from -- -- the -- is the fact that a from the electric set points of view -- looks like that doing something but more importantly.
What we will say I have a year is second meeting going on today.
It does highlights their issues in a pretty large scale left format.
Ahead at these meetings and I guess might help to -- -- them up higher up the a sort of priority list of the EU.
-- -- announcer McKay it ideally appreciated Alastair thanks.
It's and the Federal Reserve has been.
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