Germany Chancellor Angela Merkel described the ongoing euro zone crisis as the continent's “toughest hour” since World War II on Monday as new leaders in Italy and Greece hustled to form governments amid growing fears over their debt-hit economies.
REUTERS - German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and limit the damage from the euro zone debt crisis.
EUROZONE DEBT CRISIS
- Media giant Altice to hold off on acquisitions amid debt woes
- Venezuela defaults on interest payments
- Venezuela's crunch debt talks leave creditors without answers
- On the verge of default, Caracas summons creditors
- On brink of bankruptcy, Venezuela faces day of reckoning
- US facing debt ceiling 'mess'
- Greece looks to rejoin international bond market
- Greek debt deal 'not far' says French finance minister Bruno Le Maire
- China's credit rating cut over debt worries
- Greece breaks bailout standoff with more austerity
Date created : 2011-11-14