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
- Greek labour minister outlines reforms guided by 'equality, social justice'
- US Congress approves $1 trillion spending bill, lifts oil export ban
- Brazilians struggle with debts as economy slumps
- French foreign minister’s son targeted by US arrest warrant
- ‘France to stand by Greece to lighten debt burden’, says Hollande
- Greece hails ‘special relationship’ with France on Hollande visit
- Greece reaches new deal with lenders after marathon talks
- Greece ‘close’ to bailout deal as repayment deadline looms
- Puerto Rico defaults on $58 million debt repayment
- Puerto Rico defaults: is it America's Greece?
Date created : 2011-11-14