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HERCULEAN Papoulias Prepares Final Appeal Hannelore Foerster, Bloomberg / Getty Images

Papoulias Prepares Final Appeal

Greek President Karolos Papoulias prepared for another meeting with leaders of the country’s main political parties Monday in a final effort to forge a unity government that may stave off Greece’s exit from the euro. His chances of success, however, looked slim as leading parties continued to resist the austerity measures that have enabled the country’s bailout, and European and American exchanges fell on uncertainty about Greek’s political and economic conditions. The Dow Jones fell 92 points in midday trading Monday and the Stoxx Europe 600 dipped to a four-month low. Leftist leaders in Greece have refused to join a government that would enforce austerity measures.

May 14, 2012 12:57 PM