Greece

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A new dawn for Greece? Photo AP

Welcome to our rolling coverage of the eurozone, following  a narrow victory for parties supporting the bailout in Greece’s election. By Tom Burgis and John Aglionby in London and Shannon Bond in New York, with contributions from FT correspondents around the world. All times are London time.

23.40 Alright folks, we’re wrapping up for the night, but you can keep up with the latest developments on FT.com. Here are some of our top stories from Monday:

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Tony Barber

It was as if a magician’s wand had waved away the crisis. Shortly after
midnight, central Athens erupted in joy. Car horns blared and strangers
embraced in the darkness. Over the past 24 months of debt-driven
disaster, I’ve never seen Greeks so happy.

At the Euro 2012 football tournament, Greece had just defied the odds and
beaten Russia 1-0 in Warsaw’s national stadium. Amazingly, they’ve made
it to the quarter-finals and the nation is celebrating. Read more

Daniel Garrahan reports from Athens on whether Sunday’s poll will produce a leader that can keep the country in the euro.

Esther Bintliff

A family beg on the street on June 13 in Athens. Oli Scarff/Getty Images

A family beg on a street on in Athens, June 13, 2012. Oli Scarff/Getty Images

On Sunday, Greeks will go to the polls for the second time in two months. The inconclusive election of May 6, in which no single party gained more than 20 per cent of the vote, reflected the views of an electorate deeply disillusioned with the two political parties that had taken turns to govern Greece since the end of military dictatorship in 1974 – New Democracy on the centre-right, and Pasok on the centre-left.

The far-left Syriza coalition, led by a young firebrand called Alexis Tsipras, surged into second-place, striking fear into the heart of Brussels with a promise to challenge the consensus that Greece had to stick to stringent austerity in order to please its European paymasters.

Billed as the election that could decide Greece’s fate in the eurozone, voters face an almost impossible choice this weekend – between the parties of an old, inept political order, and something new but untested. Here is some of the best news, analysis and comment on the subject from the FT and elsewhere: Read more

Another tumultuous week for the eurozone

Spain reluctantly accepted a bailout for its struggling banks last weekend but it has not restored market confidence – the government’s borrowing costs have soared to their highest level since the birth of the euro. Meanwhile Greece is holding a general election this weekend. No party is likely to win an overall majority, the country’s exit from the eurozone is a distinct possibility and as much as €500 million is leaving its banks each day. Gideon Rachman is joined by Victor Mallet in Madrid, Kerin Hope in Athens and Chris Giles in the studio to discuss the crisis. Read more

Tony answers a selection of questions about Greece’s upcoming rerun election that were submitted by our readers on Facebook, Twitter and Google+.  Read more