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A real rescue operation but the rescue fund and this is not the case and on the other hand it wouldn't work because the italian state is indebted mostly with its own citizens and italian bangs is not indebted with the europe or even the e.u. so this is not a solution to the crisis in the you can see that you is already going up so the markets a more liberal coming this develop and grow that very good for us in brussels philip will and in rome thanks very much to both of you this morning now for some of the other stories making the news today. u.s. authorities have declared a state of emergency...

Leave. this as molten lava flows onto the streets there. active fissures are bubbling up pushing lava up to the surface and ash plumes are being thrown 10,000 feet, some 3 kilometers into the air. and it takes just minutes for this volcano's destructive fury to engulf homes. take a look at this. >> this house, this house. house on that side over there also gone. this is insane. lava is advancing about, i don't know, three feet per minute, two feet per minute. and we have -- we are seeing this river move across this lawn. taking that house in a matter of minutes. >> wow. cnn's stephanie elam wa...