Europe Financial Crisis Road Ahead
FILE - In this July 19, 2011 file picture a striking taxi driver shouts anti-government slogans outside the Greek Parliament in Athens, during a protest about the European financial crisis. After a turbulent 2011, the 17 countries that use the euro will be quickly confronted in the new year with major hurdles to solving their government debt crisis, just as the eurozone economy is expected to sink back into recession. With government finances under pressure as growth wanes, the eurozone will find it even more difficult to shore up shaky banks and reduce the high borrowing costs that threaten Italy and Spain with financial ruin. As early as the second full week of January, bond auctions in which Italy and Spain need to borrow big chunks of cash will start showing whether the eurozone is finally getting a grip on the 2-year-old crisis that has seen Greece, Ireland and Portugal bailed out. (AP Photo/Dimitri Messinis,File)
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