Chancellor Denies Caving at EU Summit Merkel Says Bank Bailout Liability Still Undecided

German Chancellor Angela Merkel on Sunday rejected criticism that she had caved in to Italy and Spain at the last EU summit in Brussels. She said the question of who should be liable in future bank bailouts -- national governments or the EU bailout funds -- had not been decided yet.
Merkel (R) during her interview with ZDF journalist Bettina Schausen on Sunday.

Merkel (R) during her interview with ZDF journalist Bettina Schausen on Sunday.

Foto: ZDF/ dpa
cro -- with wire reports