good evening, everyone. i m eric burnett. outfront tonight, how much will it cost to bail out europe? $1 million. just like dr. evil in austin powers, that s not enough. $100 billion. nope. even a super villain would not ask for a number this big. the final number to bail out europe could be closer to $6 trillion. so take a deep breath. i ll get to the grand total in just a moment. because just days ahead of those crucial greek elections, spain asked for $125 billion to bail out its banks. and that s just the beginning because spain is only one of several european countries lining up for more money. spain, portugal, ireland, greece, already have asked for $615.5 billion. but does it add up to enough to save them and us from more economic calamity? sources tell outfront, not even close. one of our most reliable sources says that all estimates to date on how much this is going to cost have been wrong. he warns about a domino effect, most notably on france and says
good evening, everyone. i m eric burnett. how much will it cost to bail out europe? $1 million. just like dr. evil in austin powers, that s not enough. $100 billion. nope. even a super villain would not ask for a number this big. the final number to bail out europe could be closer to $6 trillion. so take a deep breath. i ll get to the grand total in just a moment. days ahead of the crucial greek elections, spain asked for $125 billion to bail out its banks. and that s just the beginning because spain is only one of several european countries lining up for more money. spain, portugal, ireland, greece, already have asked for $615.5 billion. but does it add up to enough to save them and us from more economic calamity? sources tell outfront, not even close. one of our most reliable sources says that all estimates to date on how much this is going to cost have been wrong. he warns about a domino effect, most notably on france and says we re not even close to stabilizat