Greek Election Leaves Pyrrhic Victory Risk as Aid Talks Near

Greece survived to fail another day, say economists at Royal Bank of Scotland Group Plc and Citigroup Inc.

An election result yesterday that defused expectations of an imminent euro exit by Greece left the threat hanging over the global economy and put European leaders under pressure to speed efforts to protect the rest of the region. Spanish 10-year bond yields soared above 7 percent for the first time in the euro era, showing investor concern of the relentless financial turmoil.