maurice levy joins us in studio. maurice: thank you. 45 years. almost 30 years as ceo. many generations. a group of european ceo's got together and said as with one voice that it would be a bad thing for the euro, for european business if britain exits. i think when david cameron opened the pandora box of the referendum, he made a huge mistake. i'm very much in favor of the u.k. inside europe, provided playing the game of the union. as of today, they are much more and it isit selfish, breaking down the eu with a lot of people wanting each one to have different stages. is the u.k.result will have a very specific status and there is no eu because of them -- i preferred that they go on their own. and it will be much worse for them than the european union. so you want the brexit? maurice: i do not want the br exit. i prefer that they stay in, but being a full part of the european union. once they are on an island, which is the british island, and then they have another foot on the continent, that is not going to work. vonnie: it would be a disaster for publicis if there is

maurice levy is here to discuss the acquisition strategy and the potential for a british exit from the one hour from the of trading and stocks of been rallying. let's head to the markets were julie hyman has e

maurice levy says conditions in europe are a little challenging. -- >> europe has been test with a situatione seen germany doing well -- doing less well well. u.k. doing less well than we had hoped. the good news is to see spain is coming back. spain is now in the positive side. france is teaming a difficult situation that is been hurt by the terrorist attack. we have seen cuts in old 13.stments since november that one of the best-performing stocks on the stoxx 600. up 2.22%. one of the other stocks, also french on the downside is socgen good following the numbers this morning. this chart tells a little bit of the story of what we are saying. rumor yesterday? this huge updraft we saw -- remember yesterday? the huge of draft we saw? it does look dramatic on the screen. take itself back 24 hours, maybe the chart does not look so despond it. down by 9.10%. the ftse absolutely i watering. the social network showed no new users in the fourth quarter. turco why stocks have been so -- caroline: why stocks have been so beaten up. the problem is, you and i have put our efforts and we understand the w