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Transcripts For CNNW CNN Newsroom 20111209

euro. they will have no budget deficits, have automatic sanctions, they will have stricter rules, tighter regulation. the whole thing will be much, much better run. they re going to get on and do that. the only problem is the united kingdom said no and could become troublesome in the future. i promised i wasn t going to be boring and bore on about it, but the one thing they did also do was increase their firepower. the so-called big ba zuk ka to stop the contagion. hundreds of millions of dollars pledged,s the dow p up over 180, 190 points, they might just have done the trick. for today. for today. stop the contagion. you mentioned we re not looking at the minutia. the british angle is a huge one because i mean, is it an ominous sign that britain opted out of this agreement? reporter: britain opted out for its own domestic political reasons, its own self-interest. it wanted an opt-out clause on a particular tax. it didn t get it so it said it wouldn t agree to the treat

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