The result of the Greek election intensified the nervousness of markets amid fears that a new government other than  3  The Fiscal Compact is an intergovernmental treaty signed by all the EU members except the Czech Republic and the United Kingdom on March 2, 2012.
Therefore, in addition to upgrading regulatory cooperation and rationalizing savings allocation, the international community should move forward in reforming the international monetary system. Efforts should be made to strengthen the surveillance on the economic and financial policies in major reserve currency countries and to enhance the status of the SDR, so as to advance the international monetary system towards diversification over the long run.