Total German triumph as EU minnows subjugated

``Just as eurosceptics always feared, monetary union has led to a state of affairs where – in order to "save the euro" as Mrs Merkel puts it - Europe’s ancient states find themselves having to accept a quantum leap towards political union and a degree of subjugation that would not have been tolerated otherwise... What is clear is that sovereign states are being forced to cut wages and dismantle parts of their welfare state under foreign diktat, with a gun held to their heads. This will not be forgotten lightly. The character of the European Project has changed utterly. ''