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The Prime Minister has said today that the Greek government should not 'delay' action, deeming it to be "dangerous" for the economy. David Cameron then went on to say that "everyone in Europe" needed to act to help the eurozone.
Richard Ward, the chief executive of Lloyd's of London has told ITV News that Europe needs "a form of fiscal union to make sure the eurozone remains a viable currency". Mr Ward questioned if Europe would move fast enough towards finding a comprehensive solution.
The US president has said today that the Greek election results shows a "positive outcome" for forming a government that will "work constructively with partners"
President Obama said at the G20 that leaders must "work to stabilise the world's financial system" and avoid protectionism.
Leaders at the G20 summit have been discussing how to tackle the debt crisis facing the eurozone today.
The leader of Greece's winning conservative New Democracy party Antonis Samaras has said today that "a government needed to be formed immediately", after Syriza's Alex Tsipras failed to yield a political partnership today.
The Euro has hit a fresh session low versus the US dollar and the Japanese Yen after German Chancellor Angela Merkel rejected any flexibility on Greece's bailout terms today.
Ms Merkel said she did not see any reason to introduce a new bailout package for the country on top of the two "already agreed".
German Chancellor Angela Merkel has said today that they cannot accept any loosening of agreed reform pledges in Greece after this weekend's elections. Ms Merkel said that she expected a quick formation of a stable new government in the country.
At the G20 summit today, Ms Merkel said that the new Greek government has to "fulfil the commitments Greece has made to its international lenders".
She said that she does not see any reason to speak about a new aid package for the country on top of the two "already agreed".
Ms Merkel then went onto say that she expects a "common position" of Europeans on sustainable growth.
Global ratings agency Fitch Ratings have said today that the narrow victory of Greece's New Democracy Party means the "near-term risk of a Greek disorderly debt default" and exit from the euro has now fallen.
Fitch have said that it will not place all eurozone sovereigns on Rating Watch Negative, as it had indicated if a Greek euro exit were a probable 'near-term' event. The agency said:
Barack Obama will hold a bilateral meeting with German Chancellor Angela Merkel at 10.30pm (BST) in Mexico, according to the White House.
Greek journalist Michael Kosmides said the Greek people would not put up with another five or ten years of austerity cuts after pro-bailout party New Democracy won the election.
Mr Kosmides told Mark Austin the government needed to renegotiate the bailout terms.
Latest ITV News reports
With 55% of Greek people opposed to the bailout, it is difficult for the New Democracy party leader to claim people voted for the Euro.
The Greek election result did not seem to be enough to calm the financial markets across Europe, as markets remain undecided.