A political crisis in Greece and economic woes in Spain are again raising concern about the future of the eurozone.
In Athens today, Greek politicians tried again and failed to form a coalition government, though talks are ongoing. There is growing fear that Greece will not be able to remain in the currency union and avoid defaulting on its debts.
Demonstrators shout slogans during a protest to mark the anniversary of the "Indignados" movement in Madrid, Spain on Sunday. Tens of thousands of Spaniards took to the streets to protest the handling of the country's worst crisis in decades.
Greece's radical leftist party Syriza chief Alexis Tsipras (L) shakes hands with Socialists leader Evangelos Venizelos before their meeting at the Greek parliament in Athens on Friday. Venizelos admitted that he had failed in a last-ditch bid to form a government after Syriza key leftist party ruled out joining a pro-austerity coalition.
Credit Louisa Gouliamaki / AFP/Getty Images
Evangelos Venizelos was the third politician mandated by the Greek president to form a coalition government.
Today, reports the BBC, after meeting with the leaders of different parties, Venizelos emerged empty-handed.
"I am going to inform the president of the republic tomorrow and I hope that, during the meeting with Carolos Papoulias, each party will assume its responsibilities," Venizelos told the BBC.