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  • Political parties in Greece have failed to forge a coalition, meaning a new general election is on the way in Greece. Will the country keep to its budget promises that are a condition of the European bailout?

  • As the possibility rises of Greece leaving the eurozone, borrowing costs are shooting higher in countries like Spain and Italy.

  • New elections in Greece could upend the promises the country made to cut budgets in return for bailout money, and lead to Greece leaving the eurozone. Journalist George Christides says the Greek people might not be aware of the consequences.

  • The prospect of a new round of elections in Greece is boosting the chances of the country's exit from the euro.

  • Greece struggles to form a government after many voters rejected pro-austerity parties. Reneging on its promises could mean an exit from the euro.

  • Greece still hasn't formed a new government. And there's a lot of talk about the nation leaving the eurozone. How likely is that?

  • In a narrow victory this weekend, French voters ousted incumbent presidential candidate Nicolas Sarkozy in what many see as a popular referendum against harsh austerity measures in Europe

  • Greece's two main political parties suffered big losses in state elections on May 6, throwing into doubt the eurozone state's austerity plans after a strong showing by protest groups, including the neo-Nazis party Golden Dawn, which is set to enter parliament for the first time since 1974.
    SAKIS MITROLIDIS/AFP/GettyImages

    Parliamentary elections this weekend in Greece proved that voters there are fed up with the political parties imposing harsh austerity measures to deal with the country's severe debt crisis

  • Supporters of Socialist Party candidate Francois Hollande celebrate at the Place de la Bastille in Paris on May 6, 2012 after the announcement of the first official results of the French presidential final round. Hollande won a runoff election with between 52 and 53 percent of the vote, ousting right-wing incumbent Nicolas Sarkozy.
    FRANCK FIFE/AFP/GettyImages

    In an apparent rejection of austerity measures to solve Europe's debt crisis, voters in France elected Socialist party candidate Francois Hollande over the weekend while Greek voters punished the country's two incumbent parties

  • Journalists in France, Greece and Germany analyze the post-vote turmoil happening in Europe right now.

European Debt Crisis