- Prison Planet.com - http://www.prisonplanet.com -

Greek premier stands down from new unity government as Athens bows to EU pressure

Posted By admin On November 7, 2011 @ 3:39 am In World News | Comments Disabled

UK Daily Mail [1]
November 7, 2011

Athens gave in to EU demands to instal a coalition government of ‘national salvation’ last night as uncertainty in debt-stricken Greece and Italy threatened fresh turmoil on financial markets.

Greece’s opposition had offered to form a national unity administration that would push through a controversial bailout – if prime minister George Papandreou stood aside.

Talks between Mr Papandreou, opposition leader Antonis Samaras and president Karolos Papoulias ended with an outline agreement on the formation of a coalition, with Mr Papandreou standing down

Further discussions are due to take place today to choose his successor. Front-runner Loukas Papademos comes with the Brussels seal of approval – as a former vice president of the European Central Bank.

Full article here [1]

Article printed from Prison Planet.com: http://www.prisonplanet.com

URL to article: http://www.prisonplanet.com/greek-premier-stands-down-from-new-unity-government-as-athens-bows-to-eu-pressure.html

URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/article-2058191/Eurozone-crisis-Greek-PM-George-Papandreou-stands-unity-government.html

Copyright © 2013 PrisonPlanet.com. All rights reserved.