ECB's Asmussen: EU Summit Wasn't a Showdown Against Merkel
allowing the euro zone's permanent bailout mechanism to capitalize banks directly wasn't a showdown between German Chancellor Angela Merkel and other European leaders, said a key European Central Bank executive. Joerg Asmussen, a member of the ECB Executive
Taco Bell to give Alaska town 10,000-taco feast after hoax
moving from the Lower 48 to work in the hub city. The city has no bars, and will soon have its first movie theater, said Angela Denning-Barnes, news director at radio station KYUK. There are a dozen or so restaurants, most with similar menus. A couple
EU Summit: Finally, a Consensus
victory for embattled Italian Prime Minister Mario Monti and his Spanish counterpart, Mariano Rajoy, over German Chancellor Angela Merkel, who had brushed aside any need for such emergency measures earlier this week. ECB President Mario Draghi endorsed
German Opposition Sees Possible ESM Vote Delay
euro-zone's permanent European Stability Mechanism and the ratification of the European fiscal pact may be delayed after Chancellor Angela Merkel gave in to Spanish and Italian demands to allow the ESM to directly recapitalize ailing banks during a summit meeting