European leaders meet for a second day in Brussels to try to resolve the euro zone’s economic woes. On Monday, Cyprus became the latest victim of the region’s debt crisis, as it asked for a bailout. It is the fifth euro-zone country to do so.
June 29, 2012 Germany Chancellor Angela Merkel smiles and gestures as she arrives for the second day of the European leaders summit in Brussels. Euro-zone leaders agreed to relax conditions on emergency loans for Spanish banks and possible help for Italy as an outflanked Merkel gave in on expanded steps to stem the debt crisis.Jock Fistick/Bloomberg