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Eurozone's four big leaders plan a 130bn euro package

22 June 2012 Last updated at 22:22 BST

Leaders of the eurozone's four biggest nations have agreed in principle to measures to boost growth equal to 1% of the currency area's economic output.

Germany, France, Italy and Spain outlined plans to push for a 130bn-euros (£104bn; $163bn) package.

But analysts suggest that with little or no new money involved, the significance of the agreement between the four was more symbolic than actual.

Gavin Hewitt reports.