German Chancellor Angela Merkel gestures as she speaks during a press conference held at the end of a Eurozone summit at the Justus Lipsius building, EU headquarters in Brussels, on October 27, 2011. The eurozone sealed a grand deal to overcome its festering debt crisis today when banks agreed to take a 50 percent loss on Greek debt. Eurozone officials announced the deal following tough talks in Brussels between leaders of the eurozone and the Institute of International Finance banking lobby to force the private sector to share the pain of Greece's debt burden. AFP PHOTO/ JOHN THYS (Photo credit should read JOHN THYS/AFP/Getty Images)
