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ROME, ITALY - JUNE 22: German Chancellor Angela Merkel (L), and Italian Prime Minister Mario Monti (R) attend a media conference at the end of a meeting at Villa Madama on June 22, 2012 in Rome, Italy. The leaders of Germany, Italy, Spain and France met in Italy's capital to form a consensus on the handling of Europe's financial crisis ahead of next week's summit of European Union leaders. (Photo by Franco Origlia/Getty Images)
ROME, ITALY - JUNE 22: German Chancellor Angela Merkel (L), and Italian Prime Minister Mario Monti (R) attend a media conference at the end of a meeting at Villa Madama on June 22, 2012 in Rome, Italy. The leaders of Germany, Italy, Spain and France met in Italy's capital to form a consensus on the handling of Europe's financial crisis ahead of next week's summit of European Union leaders. (Photo by Franco Origlia/Getty Images)

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Can European leaders solve debt crisis?

Thomas Costberg of Standard Chartered discusses European leader' talks on ending the debt crisis.