Europe graphic
Media playback is unsupported on your device
Video

Germany rules out euro bonds debt deal

Germany has said that it is ruling out euro bonds - a debt shared across the eurozone in an effort to stabilise the debt crisis.

The bonds would allow countries to borrow as a single entity, spreading the risk, but also possibly raising the cost of borrowing for Europe's more successful economies.

Julia Caesar reports.

Go to next video: Euro fears keep markets choppy