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
- 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
- Last-ditch talks aim to avert Argentina default
- BNP Paribas set for record $8.9bn fine
- Iraq crisis: Washington weighs military options
- Entertainment workers’ strike threatens French cultural events
- Ukraine ready to accept harsh IMF reforms
Date created : 2011-11-14