Greek PM wins confidence vote #Greece
ATHENS (Reuters) – Whatever the outcome of Greece’s confidence vote on Friday, political instability will almost certainly keep markets guessing whether Athens will be able to ratify a 130 billion euro bailout deal in time to avoid a messy default in December.
Greece has to pay nearly 3 billion euros in bonds maturing in December with big bills falling due from December 19 onwards. Finance Minister Evengelos Venizelos told parliament on Thursday the state can meet its obligations until December 15.
The Greek finance minister says he has told the EU that there will be no referendum #greece #g20
Great way to sum up the mood: “We are like goldfish, waiting with our mouths open” writer Petros Tatsopoulos telling Greek television
Greeks wake up to another day with things on a knife-edge in #greece
ROME (Reuters) – Silvio Berlusconi was already in deep trouble under the weight of sex scandals, political setbacks and judicial investigations before Italy’s financial problems put his career on the skids.
It is a far cry from 2008 when a landslide victory gave one of Italy’s richest men his strongest electoral mandate.