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
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- Greece looks to rejoin international bond market
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- China's credit rating cut over debt worries
- Greece breaks bailout standoff with more austerity
- Mozambique's reputation tarnished by hidden debt scandal
- Italy faces 'decades' of stagnant growth as banking crisis looms
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Date created : 2011-11-14