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Greek elections haven’t calmed fears about Europe’s financial health

The Washington Post, 19 June 2012
Publié le : 19 juin 2012
 Anthony Faiola and Howard Schneider 
LONDON — Europe found itself in the firing line of financial markets and world leaders on Monday, with election results in near-bankrupt Greece failing to quell mounting fears about the region’s financial stability.

At the Group of 20 summit of major economies, taking place in Mexico, international pressure was building on Europe’s leaders to take bolder action to save the euro amid fresh signs that investors are losing faith in the far larger economies of Spain and Italy.

But it was unclear Monday whether anything would be enough to stave off a broader crisis. Among investors, a bitter truth appeared to be sinking in: The problems in Europe are so widespread and so deep that a real solution is sure to be complex, hard-fought and anything but quick.

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Mise à jour le 19 juin 2012
Créé le 19 juin 2012
ISSN 2107-7029
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