Germany's Merkel Yields More Sovereignty to the EU

At a joint briefing on Wednesday with Irish Prime Minister Enda Kenny, German Chancellor Angela Merkel (left) announced the next step towards the creation of the supra-national European state: “Germany sees the need…to show the markets and the world public that the euro will remain together, that the euro must be defended, but also that we are prepared to give up a little bit of national sovereignty…â€