Mish/ Mike Shedlock – Merkel Coalition About To Splinter Over Creation Of “European Monster State”; Winning The Summit But Losing The War – 4 July 2012

German chancellor Angela Merkel was the EU Summit Winner. She gave next to nothing to Italy and France, and a pittance to Spain.

However, there was a price to that pittance, and it could cost Merkel dearly. Please consider German Party Leader Threatens To Axe Coalition