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In Greek drama, four potential endings

In Greek drama, four potential endings
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First Published: Wed, May 16 2012. 10 39 PM IST

Greek President Karolos Papoulias. Photo: Bloomberg
Greek President Karolos Papoulias. Photo: Bloomberg
Updated: Wed, May 16 2012. 10 39 PM IST
As Greece careens toward another election, it’s growing more likely that the country will crash out of the euro—but it is not yet inevitable.
Greek President Karolos Papoulias. Photo: Bloomberg
Europe wants Greece to uphold the €173 billion ($220 billion) loans-for-austerity program Athens signed only in March. But Greek parties that support the bailout plan were trounced in 6 May elections.
Opinion polls suggest pro-bailout parties will lose again in a new election, expected to take place on 17 June after cross-party talks on forming a government collapsed on Tuesday.
Click here to read full story.
—The Wall Street Journal
wsj@livemint.com
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First Published: Wed, May 16 2012. 10 39 PM IST
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