Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
French President François Hollande and German Chancellor Angela Merkel held the first of many meetings yesterday, discussing proposals for augmenting austerity with stimulus measures.
After he assumed the presidency in a Paris ceremony, the new French president headed for Germany to meet with Chancellor Angela Merkel.
French President François Hollande, inaugurated today, spoke about the need for unity and reiterated promises to invest in education.
A quick trip to Germany is not unusual for a new French president. But François Hollande will bring a radically changed agenda when he meets Chancellor Merkel today.
Three days after Sunday's election, parties failed again to form a coalition government. A new election may be on the horizon if no majority can come together.
François Hollande's victory may represent change for not just France, but Europe as a whole.
Austerity politicians may have been given the boot in Europe, but austerity measures will remain.
Voters sent a strong message of anger over austerity measures imposed by Greece's foreign lenders, but with no party in the majority a government has yet to be formed.
While there is growing consensus that Europe will need to find a new plan to deal with its debt crisis, no clear plan has emerged.