The conservative pro-bailout New Democracy Party won the elections, but must try to forge a coalition with at least one left-leaning party in order to govern. New Democracy wants Greece to stick to its international agreements, but will ask for more time.
Greek voters went to the polls on Sunday and, relatively narrowly, backed a political party in favor of the Greek bailout. And while markets initially greeted that news with optimism and rallied upwards, fresh concerns, this time over Spain, dragged them back down by midday.
Greeks go to the polls on June 17th with the financial crisis weighing heavily on them. Some are finding hope in a left-wing coalition called Syriza. But others question whether the party, and it's young leader, are fit to govern.
Greece is usually an extremely popular tourism destination. In fact, it's often one of the most popular for people in Europe. But the current economic crisis has tourists staying away, and that's just further damaging the Greek economy.
A day after European leaders met to try to come up with a new answer to Greece's economic troubles, critics say the leaders are still failing to offer any real solutions to the debt crisis - and time is running out.
When he served as Minister of Foreign Affairs Dimitris Droutsas, was part of the Greek government that negotiated bailout terms and austerity measures. He tells host Marco Werman that attitudes toward austerity are now shifting in Europe.