here the european economic data last week really showed significant weakness. >> let's hone in on two particular economies that aren't growing and are facing big austerity measures at the moment, we're talking about italy and spain. these two countries have been at the forefront of investors' worries when it comes to raising money on the bond markets. they have more bond sales this week. what are you expecting? >> i'm expecting high yields, nina. they came out over the weekend and said they felt italy didn't require further austerity. investors remain to be convinced of this. we have seen these ltros by the ecb. we have a meeting this week. i think more than that, bond yields about 7% in italy are significantly unsustainable. as you quite rightly said on friday, there is a bond auction for both italian and spanish debt. i think what this summit really needs to focus on is trying to get those bond yields down by promoting growth policies within europe. >> one of the other ways that