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
- Ukraine ready to accept harsh IMF reforms
- Telecoms tycoon says start-ups can grow in France
- Congressional Republicans relent on US debt ceiling increase
- Markets slammed with sell-off over global economy concerns
- Evangelos Venizelos, Greek foreign minister
- EU loses AAA credit rating
- Singaporeans are saddled with debt, but still shopping
- Detroit bankruptcy case goes to court
- Default avoided but problem deferred
- Congress votes to end US government shutdown
Date created : 2011-11-14