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Is Merkel 'Biggest Loser' in Euro Zone Showdown?
Published: Saturday, 30 Jun 2012 | 11:05 AM ET
By: Reuters
Angela Merkel was portrayed across Europe as the big loser of a euro zone
showdown in Brussels after the German chancellor was forced to accept the
crisis-fighting measures championed by countries struggling with their debts.
Newspapers in Spain, Italy and
France on Saturday toasted the triumph of their leaders - Mario Monti, Mariano
Rajoy and Francois Hollande - in pushing Merkel into a U-turn that would long
have been unthinkable.
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