WORRIED AGAIN: At first relieved that Greek voters didn’t choose an anti-bailout government, world leaders were fretting again by early Monday over Europe’s continuing economic problems.
MARKETS REACT: Stocks and oil prices fell. Spain’s borrowing costs climbed past levels where Greece and two other European countries had been forced to seek bailouts.
DISCUSSIONS BEGIN: Both President Barack Obama and Mexican President Felipe Calderon, who is hosting the summit, downplayed chances for concrete results. There were clear signs of division over member nations’ donations to the International Monetary Fund, which would aid any bailouts in Europe.
