Detailed text transcripts for TV channel - MSNBC - 20111212:10:14:00
Central european authorities overseeing future budgets and automatic penalties if they overspend. as for countries struggling the european central bank has taken steps and may take more to ease their burden. even france sits precariously. friday moody's investors downgraded france's three largest banks. england was seen as the biggest summit loser. england used its veto power to prevent a european union agreement so led by france the deal was arranged intergovernmentally to circumvent english. england stands isolated with much less current influence. even with a deal most analysts feel europ...
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