Angela Merkel was portrayed across Europe as the big loser of a eurozone showdown in Brussels after the German chancellor was forced to accept the crisis-fighting measures championed by countries stru

German Chancellor Angela Merkel sought to bury once and for all the idea of common eurozone bonds on Tuesday, saying Europe would not share total debt liability 'as long as I live', as the bloc's big

When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even deca