Europe mulls fallout of Greek eurozone exit
Possibility of a Greek departure from the euro currency worries European leaders and economists.
Last Modified: 14 May 2012 21:26

A final round of coalition talks are set to take place on Tuesday for Greece's political parties in a final bid by
President Karolos Papoulias to broker a deal for a coalition government.

The far-left Syriza party has refused to participate in the talks. This has made the prospect of a parliament set against austerity a real possibility for the country.

This potential scenario is also being discussed by the Europe's leaders and the European Central Bank's governing council.

Al Jazeera's Nadim Baba reports.

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