Greek debt

Papandreou Wants a Coalition

  • First Posted: Nov 05 2011 14:09 PM

And maybe like another $170 billion for Greece.

Remember George Papandreou? You know, the guy in charge of Greece during the total dissolution of its economy, who just made and retracted a call for a referendum over the latest debt deal that doubled the lineups at cardiac facilities across Europe? Better get used to him, since this weekend the Greek Prime Minister called for the immediate formation of a coalition government after just barely squeezing out a confidence vote in parliament. Papandreou says what Greece needs now is a “government of cooperation” to tackle the latest debt deal from Eurozone partners and the IMF. The main opposition party in Greece instead prefers an early election. Sounds like a coalition will be a great vehicle for swift agreements.

TAGS: news, Business, Greece

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