KQEH Nightly Business Report June 15, 2012
>> reporter: it was a clear warning flag: yields on spanish government bonds surged to 7% today, after moody's investors service cut its rating by three notches to just above junk status. that typically means a bailout might be needed. germany has been the go-to source for rescue packages, but chancellor angela merkel said today, her country cannot save europe on its own, adding germany's resources are "not unlimited." some international experts says the best solution, and what investors want to see, a unified effort to rescue troubled nations. >> it would have to be a combination of...