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
- Sarkozy's UMP party 'almost €80 million in debt'
- Perfume makers to tweak scents over EU rules
- History repeats itself for Les Bleus!
- BNP Paribas set for record $8.9bn fine
- Iraq crisis: Washington weighs military options
- Entertainment workers’ strike threatens French cultural events
- Evangelos Venizelos, Greek foreign minister
- EU loses AAA credit rating
- Ireland becomes first euro zone state to end bailout
- US budget deal reached to avoid shutdown
Date created : 2011-11-14