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Coalition Cabinet of Lucas Papademos

Greeks oust prime minister, agree to coalition government

Business, Economics and Jobs

George Papandreou will step down and a coalition government will be formed to govern until elections will be held. But they have a major role: approving the steps needed to fulfill the conditions of the EU bailout.

Greek Elections: Voters Stick to Austerity Plan

Global Politics

Lucas Papademos: The New Man In Greece

Global Politics

Top of the Hour: Greece to Form Unity Government, Morning Headlines

Greece Forms New Coalition Government; Italy’s Berlusconi Rumored to Be Resigning

Top of the Hour: Greek Ministers Split on Referendum, Morning Headlines

On the eve of a no-confidence vote that could lead to the collapse of the Greek government, two ministers have publicly split with Prime Minister George Papandreou over his plan to hold a public referendum on a European bailout plan.

Bailout Referendum Brings Greek Government to Brink of Collapse

World markets plunged Tuesday after Greek Prime Minister George Papandreou announced a surprise plan to hold a national referendum on the proposed European bailout package, bringing the Greek government to the brink of collapse. Several members of Parliament’s governing Socialist Party have called on Papandreou to resign, and some members of his own party have […]