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 […]
Embattled Greek Prime Minister George Papandreou will face a vote of no confidence in Parliament on Friday. Papandreou has been under pressure to resign after calling for a referendum on a European bailout plan – a position he walked away from on Thursday.