Business Bites: Will plans to issue eurobonds work?

The contentious subject of eurobonds could be raised as European Union leaders meet in Brussels.

The new French President Francois Hollande is in favour of the idea, which is firmly opposed by Germany.

A eurobond would operate in exactly the same way as a government bond, except that all 17 member states of the eurozone would collectively guarantee the debt rather than a single government.

The BBC's Jamie Robertson discusses the key financial story of the day.