bank and andre who is near the source he is c.i.s. russia strategist and vice president citi investment research in our sis at citi bank ok chris i'm going to start out with you gentlemen let's all talk about the volatility in the world let's start with the eurozone. where is it going is there any end in sight and if there isn't and so i would say outcome. no i don't think that's what we're not expecting to see any you know short term solutions clearly this is a very extensive problem it's going to require substantial you're all right you know solution so i think you know obviously to the summer months we expect to see some perhaps some temporary stopgap measures but it's only been started that is for two years it's going to keep going like that i would think you know we are now at the point where there has to be something much more radical we will need to see the banking system in europe for example provide it with some substantial trillion euro or backstop for example because that's the big threat to all of this is that if you do get a default and leave these countries then you start to run and we're going to default in a second even w