Greek Elections and the Impact on the Euro

As the G20 begins a meeting today in Mexico, with President Obama on hand, the big economic story is the election in Greece. Markets around the world reacted positively at first to the defeat of Syriza, the leftist anti-austerity party. But the vote was only 30 percent to 27 in favor of New Democracy. Alkman Granitsas, Bureau Chief in Greece and Cyprus for the Dow Jones Newswires and a contributor to the Wall Street Journal, joins us from Athens.