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
- Could France sell the Mona Lisa to pay off its debts?
- US judge calls Argentina bond swap offer illegal
- More than half of French households will pay no income tax this year
- Malaysia Airlines to re-structure following disasters
- The World This Week - August 1st, 2014 (part 2)
- Argentinian markets plummet following default
- Argentina Defaults: Kirchner Cries Foul Over 'Vulture Funds' (part 2)
- Argentina Defaults: Kirchner Cries Foul Over 'Vulture Funds'
- Argentina set for deeper recession after default
- Argentina fails to reach deal with creditors
Date created : 2011-11-14