Financial crisis rattles European governments

The debt crisis in the euro zone has put the financial markets of Italy, Spain and most recently France under pressure after the bailouts of Greece, Portugal and Ireland.

Unless European leaders seek a solution for their sovereign debt crisis at a Dec. 9 summit, and the European Central Bank makes a major move to support European banks and government bonds, analysts predict the situation for the euro could become more severe.

Global Journalist spoke with guests about the severity of the crisis and what it could mean for governments in the euro zone.