Guardian
May 7, 2012
Europe was plunged into fresh volatility on Monday as leaders and financial markets digested the outcome of elections that exposed deep fissures over efforts to settle the debt and currency crisis.
While Angela Merkel was licking her wounds after losing a bellwether regional election in Germany, the seismic shift wrought by the French presidential and Greek parliamentary ballots renewed fears for the future of the euro.
Pledging that austerity need not be Europe's fate, France's president-elect, François Hollande, signalled he would enjoy the tacit support of many leaders and voters across Europe in his campaign to challenge Merkel.
The Greeks delivered the biggest blow of all to their own and Europe's leaders, putting neo-fascists in parliament for the first time, the hard left in second place overall, and rebelling against the two main parties of the traditional establishment.
More
No comments:
Post a Comment