Well at the G20 itself world leaders have voiced their concern over the eurozone crisis, calling it the 'single biggest threat to the world economy.' Many have said progress has been way too slow in dealing with the situation. This comes after Sunday's elections in Greece failed to produce an outright winner again to form a new government. The pro-bailout, New Democracy party, won almost 30% of the votes and is now urgently seeking to form a coalition.
The new government will have a mammoth task ahead especially as the German Chancellor Angela Merkel said there will be no changes in the austerity cuts that are part of the Greek bailout. Professof of sociology from Binghamtom University James Petras believe even if a deal is reached between the parties, it's unlikely they will find a solution for Greece.
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