'PIIGS too heavy for Berlin bailout backers' | Hot International Video watched now

With growth in Europe having been stomped out by austerity, the union's leaders are gathering today in an attempt to kindle a new spark. But just how - is proving divisive. The weaker nations want Eurobonds - effectively, a piggy back ride on Germany's cheap interest rates. But Berlin is having none of it. Johan Van Overtveldt, editor-in-chief of Trends Magazine, says Germany is making a point.

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