Photo Gallery: Spain and Italy Win in Brussels
Foto: Virginia Mayo/ AP
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Photo Gallery: Spain and Italy Win in Brussels

Monti's Uprising How Italy and Spain Defeated Merkel at EU Summit

Angela Merkel took a tough stance ahead of the EU summit, insisting she would not make concessions. But Italy and Spain broke the will of the iron chancellor by out-negotiating her in the early hours of Friday morning. Germany caved in to demands for less stringent bailouts and direct aid to banks.
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