The roller coaster that is Greek politics continued Wednesday. Talks between the three main political parties forming the new unity government remained deadlocked. The most dramatic moment came when Giorgios Karatzaferis, leader of the smallest party walked out of negotiations. He told reporters it was sad that games were taking place between outgoing Prime Minister […]
2011 has been a year of sweeping changes in leadership worldwide. The Arab Spring meant the end of decades-long dictatorships across the middle east, and now threats of default have forced Greek Prime Minister George Papandreou and Italian Prime Minister Silvio Berlusconi to resign. As the European debt crisis continues to unfold, more changes–including a […]
Greek Prime Minister George Papandreou and conservative leader Antonis Samaras reached a deal on Sunday to form a unity government to implement the unpopular austerity measures required by a bailout deal reached with European leaders. Papandreou will resign once the details are finalized.
Embattled Greek Prime Minister George Papandreou will resign once plans for a new coalition government are finalized. Papandreou and his political rival, conservative leader Antonis Samaras, reached a deal on Sunday to form a unity government to implement the unpopular austerity measures required by a bailout deal reached with European leaders. The new government is expected […]
Later today, Greek Prime Minister George Papandreou and Greece’s main opposition leader are expected to announce details about their plan to form a new unity government and to name a new prime minister. Greece has rarely had unity governments. But fears that the crisis could infect other euro zone nations, like Italy and Spain, has pushed […]