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.
Greece's far-left party Syriza, which came in second in elections, failed to form a coalition with either mainstream party today. Third-place PASOK will get a chance next, but its prospects seem dim.
Greece has still not formed a government, imperiling its bailout and increasing the chances of it being forced out of the eurozone.
Alexis Tsipras has the presidential mandate to end the Greek political impasse by forming a governing coalition by Thursday.
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.
Once characterized as unassuming and almost banal, France's president-elect, François Hollande, is now being tagged as 'savvy' and 'steely.'
In Germany, the results of yesterday's elections are seen as a refusal to follow the austerity plan hammered out by European leaders in long, painful negotiations.
As leader of Europe's No. 2 economy, French President-elect François Hollande has the power to challenge German Chancellor Angela Merkel's austerity doctrine.
Elections in Greece over the weekend saw both far-right and left-leaning politicians gain seats in parliament, setting up a fight over the country's economic future.