As talks continue today in Greece to solve the debt crisis,Prime Minister George Papandreou appears likely to resign maybe before the end of the night.
Sources are saying that Papandreou asked the Greek president,Karolos Papoulias to host a three-way meeting with himself and the leader of the opposition this evening after a cabinet meeting to explore the possibility of an agreement soon.
The conservative opposition offered to cooperate in forming a national unity government provided Papandreou stood aside after two years at the helm.
Papandreou and opposition New Democracy party leader Antonis Samaras are set to meet at 6.00pm tonight and Samaras has insisted that Papandreou should resign before a new coalition is set up.
Showing posts with label George Papandreou. Show all posts
Showing posts with label George Papandreou. Show all posts
Sunday, 6 November 2011
Thursday, 3 November 2011
Is he in or his he out?
So where are we after Day one of the G20 summit and has the Euro been saved?
Has he or has he not has been the main discussion.Has Greek Prime Minister George Papandreou offered his resignation and if so has the referendum been cancelled?
The answer,as I write this.is that nobody is really sure.
He is currently addressing the Greek Parliament,telling MP's that Angela Merkel and Nicolas Sarkozy said that Greece would be out of the EU for ten years if they refused to accept the terms of the bailout,urged political unity in Greece, and inviting the opposition party to "jointly negotiate" the new bailout deal.
It does appear now that the referendum will not be going ahead.
Meanwhile the new ECB boss Mario Draghi,in a bid to calm the markets cuts the ECB policy rate to 1.25 per cent from 1.5.
Whilst in the UK,the city minister Mark Hoban admitted in the Commons that the Government had drawn up contingency plans for the break up of the eurozone.
David Cameron tells the press that the UK would not contribute to any further bailouts, but would consider increasing their contribution to the IMF.
Has he or has he not has been the main discussion.Has Greek Prime Minister George Papandreou offered his resignation and if so has the referendum been cancelled?
The answer,as I write this.is that nobody is really sure.
He is currently addressing the Greek Parliament,telling MP's that Angela Merkel and Nicolas Sarkozy said that Greece would be out of the EU for ten years if they refused to accept the terms of the bailout,urged political unity in Greece, and inviting the opposition party to "jointly negotiate" the new bailout deal.
It does appear now that the referendum will not be going ahead.
Meanwhile the new ECB boss Mario Draghi,in a bid to calm the markets cuts the ECB policy rate to 1.25 per cent from 1.5.
Whilst in the UK,the city minister Mark Hoban admitted in the Commons that the Government had drawn up contingency plans for the break up of the eurozone.
David Cameron tells the press that the UK would not contribute to any further bailouts, but would consider increasing their contribution to the IMF.
Subscribe to:
Posts (Atom)