Talks Fail, Greece to Hold New Elections

Greece's post-electoral paralysis has been broken. The solution? New elections! Political leaders today announced that the ninth day of talks has failed to produce a deal. There was a sliver of hope going into the morning, as President Karolos Papoulias met with five political party leaders to propose a government of technocrats, reports the AP. Those talks apparently went nowhere, and "we're heading to elections," a rep for Papoulias told reporters. Reuters reports that a caretaker government will be appointed tomorrow, and elections will likely come in about a month. (More Greece stories.)