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News Summary: Despite crisis, Greece functions

Wednesday - 6/20/2012, 2:54pm  ET

The Associated Press

(AP) - SERVICES ONGOING: Crisis has become an intimate state of mind in Greece, but the government is still delivering services such as garbage disposal and traffic policing.

FUNCTIONING GOVERNMENT: Greece's election on Sunday may not ultimately deliver a way out of economic stagnation and the chronic uncertainty that threatens to rattle the global economy, but the near-total absence of violence at the polls, and the concession speeches of the defeated candidates, spoke to a system that, in the broadest sense, works.

RANKING: Research group Fund for Peace, in its annual "Failed States Index," rated Greece as "stable" but declining.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)