The End of Old Europe Why Merkel's Triumph Will Come at a High Price

The euro crisis summit has caused a deep split in the European Union. Britain has been sidelined, and other member states feel steamrolled by Germany and France. The future of the common currency is as uncertain as ever. By SPIEGEL Staff.
French President Nicolas Sarkozy speaks with German Chancellor Angela Merkel during the EU summit in Brussels.

French President Nicolas Sarkozy speaks with German Chancellor Angela Merkel during the EU summit in Brussels.

Foto: Geert Vanden Wijngaert/ AP
Translated from the German by Christopher Sultan