Southern European leaders meet in Lisbon for an informal discussion expected to focus on immigration, rising populism in Europe and their countries' attitude to the new government of the United States. Rough Cut (No reporter narration)
ROUGH CUT - NO REPORTER NARRATION Southern European met in Lisbon on Saturday (January 28) for an informal summit in which they were expected to discuss growing challenges, from the refugee crisis to rising borrowing costs and low economic growth, at a time when rising populism has increased political uncertainty in Europe. The group, which brings together France, Italy, Spain, Portugal, Greece, Cyprus and Malta, was reminded this week of their economic vulnerabilities as bond yields surged to one-year highs in Italy, Portugal and France. Europe's response to the challenges posed by the new government of the United States was also expected to be on the agenda. The leaders hosted by Portugal's Antonio Costa held a mid-morning working session and were scheduled to deliver a joint statement at the end of the summit at 2:40 p.m (1440GMT).