ROME, June 23 (UPI) -- German Chancellor Angela Merkel rejected two key proposals in Europe designed to ease the financial struggles spreading through the eurozone.
After a mini-European summit with French President Francois Hollande and Italian and Spanish prime ministers Mario Monti and Mariano Rajoy, Merkel rejected the concept of forming a eurobond meant to help debt-burdened countries to borrow at affordable costs, The Daily Telegraph reported Saturday.