ATHENS (Reuters) – Greek Prime Minister George Papandreou survived a parliamentary confidence vote on Saturday, avoiding snap elections which would have torpedoed Greece’s bailout deal and inflamed the euro zone’s economic crisis.

But the nation remained in political, social and economic turmoil and Papandreou signaled he would still stand down, calling for a new coalition to ram the 130 billion euro bailout deal through parliament and avoid the nation going bankrupt.

ATHENS (Reuters) – Third generation Greek Prime Minister George Papandreou won a confidence vote on Friday and signaled he would quit after two tumultuous years, in a dramatic move that may keep his party in power but cost him his job.

Papandreou signaled he was ready to stand down and told parliament he would go to the president on Saturday to discuss forming a broader-based government to secure a 130-billion-euro ($179 billion) bailout deal to save country from bankruptcy.

ATHENS, Nov 4 (Reuters) – Third generation Greek Prime
Minister George Papandreou won a confidence vote on Friday and
signalled he would quit after two tumultuous years, in a
dramatic move that may keep his party in power but cost him his
job.

Papandreou signalled he was ready to stand down and told
parliament he would go to the president on Saturday to discuss
forming a broader-based government to secure a 130-billion-euro
($179 billion) bailout deal to save country from bankruptcy.

ATHENS, Nov 5 (Reuters) – Greek Prime Minister George
Papandreou survived a parliamentary confidence vote on Saturday,
avoiding snap elections which would have torpedoed Greece’s
bailout deal and inflamed the euro zone’s economic crisis.

But the nation remained in political, social and economic
turmoil and Papandreou signalled he would still stand down,
calling for a new coalition to ram the 130 billion euro bailout
deal through parliament and avoid the nation going bankrupt.

ATHENS (Reuters) – Greek Prime Minister George Papandreou called on Friday for a new coalition government to approve a bailout deal vital for saving the country from bankruptcy and tackling the euro zone’s economic crisis, and signalled he was ready to stand down.

Papandreou told parliament that he would go to the Greek president on Saturday to discuss formation of a broader-based government that would secure the 130 billion euro bailout, adding that he was willing to discuss who would head a new administration.

ATHENS (Reuters) – Greek Prime Minister George Papandreou has struck a deal to stand down and let Finance Minister Evangelos Venizelos form a coalition government aiming to win parliamentary approval for Greece’s latest bailout, sources close to the deal told Reuters on Friday.

They said Venizelos had won the backing of leaders of some smaller parties to support the coalition, which would also aim to avert an immediate Greek bankruptcy, before calling early elections in a few months.

ATHENS (Reuters) – Greek Prime Minister George Papandreou has struck a deal to stand down and let Finance Minister Evangelos Venizelos form a coalition government aiming to win parliamentary approval for Greece’s latest bailout, sources close to the deal told Reuters on Friday.

They said Venizelos had won the backing of leaders of some smaller parties to support the coalition, which would also aim to avert an immediate Greek bankruptcy, before calling early elections in a few months.

ATHENS (Reuters) – Greek Prime Minister George Papandreou has struck a deal to stand down and let Finance Minister Evangelos Venizelos form a coalition government aiming to win parliamentary approval for Greece’s latest bailout, sources close to the deal told Reuters on Friday.

They said Venizelos had won the backing of leaders of some smaller parties to support the coalition, which would also aim to avert an immediate Greek bankruptcy, before calling early elections in a few months.

ATHENS (Reuters) – Greek Prime Minister George Papandreou has struck a deal to stand down and let Finance Minister Evangelos Venizelos form a coalition government aiming to win parliamentary approval for Greece’s latest bailout, sources close to the deal told Reuters on Friday.

They said Venizelos had won the backing of leaders of some smaller parties to support the coalition, which would also aim to avert an immediate Greek bankruptcy, before calling early elections in a few months.

ATHENS (Reuters) – Roommates at Boston’s Amherst College in the early 1970s, George Papandreou and Antonis Samaras hail from prominent Greek families and lead parties at the opposite ends of Greece’s political spectrum.

A parliamentary confidence vote late on Friday is a showdown that will decide both their political futures, as well as the debt-ridden country’s fate in a crisis shaking the euro.