Detailed text transcripts for TV channel - MSNBC - 20111205:13:48:00
Tyler matheson live at cnbc headquarters. let's start with europe, tyler. >> yeah, mika, for the 3,000th time this year there is another summit at the end of the week. today the german chancellor merkel and french president sarkozy are meeting trying to put in place a mechanism that will enforce financial discipline on some of the wayward countries of europe. already the italians, under their new prime minister, mr. monti have gone forward or moving forward with a plan that would cut something like 2% of gdp out of the italian federal government's budget over three years. compare that with the...