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Euro Crisis Enters Crucial Phase Before Next Week's Summit
German Chancellor Angela Merkel, as has likely become clear to all by now, is not a fan of the quick fix. Even as the European common currency appears to be collapsing around her -- and the insults flung in her general direction mount -- she refuses to budge. Time, however, is not one of the luxuries that the euro zone enjoys -- at least according to her host for Friday's preparatory "mini-summit" ahead of the European Union meeting on June 29. In an interview appearing in several leading European papers on Friday morning, Italian Prime Minister Mario Monti warned of the consequences should the EU summit at the end of ... (full story)
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