a the heads of states also agreed on a plethora of new laws laws down a bushel joins us live from brussels for more on this jungle so what's the reaction to the bailout deal being so far. well we all remember the words over your leaders who promised that greece would need a second bailout now we're hearing that president sarkozy of france says that never again will another country need it so we get the impression of broken promises fitch which is a major credit rating agency has downgraded greece is that level now there was supposed to have been a deal struck between leaders formally or informally that the credit rating agencies would give greece some time to breathe and to to recover from this news but this bombshell pretty much has blown that out of the water that has been one of the deals done by the e.u. leaders was to create a new european credit rating agency that of course on suspicions that the three global agencies which are all american fitch and moody's all robe oya against