Bureau Chief, Greece & Cyprus
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Nov 5, 2011

Greek parties ignore appeal for rapid compromise

ATHENS, Nov 6 (Reuters) – Greece’s ruling socialists and
opposition conservatives offered rival plans for saving the
nation from bankruptcy and safeguarding its euro zone
membership, ignoring an appeal from the president to cooperate
now on tackling the mess.

For Prime Minister George Papandreou, only a coalition
government ruling for at least several months can set Greece on
the road to national salvation and secure a financial lifeline
from international lenders before the money runs out.

Nov 5, 2011

Greek parties bicker over coalition to save the nation

ATHENS, Nov 5 (Reuters) – Prime Minister George Papandreou
launched his campaign on Saturday for a coalition to save Greece
from bankruptcy, but rival parties showed little willingness to
cooperate in tackling the nation’s economic, political and
social crisis.

Papandreou said negotiations would start soon to form a
broad-based government, tasked with ensuring parliament backs a
euro zone bailout vital to keeping Greece afloat and preventing
its crisis from bringing down much bigger economies.

Nov 5, 2011

Newsmaker: Greek finance minister brokers deal to rescue party

ATHENS (Reuters) – Finance Minister Evangelos Venizelos is starring in a Greek political drama that may see his main socialist party rival, Prime Minister George Papandreou, out of power but give his party only a short stay of execution.

Papandreou secured the support of dissident MPs calling for his resignation to win a vote of confidence by pledging to form a new coalition government that would not need to have him at the head.

Nov 5, 2011

Greek finance minister brokers deal to rescue party

ATHENS, Nov 5 (Reuters) – Finance Minister Evangelos
Venizelos is starring in a Greek political drama that may see
his main socialist party rival, Prime Minister George
Papandreou, out of power but give his party only a short stay of
execution.

Papandreou secured the support of dissident MPs calling for
his resignation to win a vote of confidence by pledging to form
a new coalition government that would not need to have him at
the head.

Nov 5, 2011

Greek PM survives confidence vote, may quit

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.

Nov 4, 2011

Newsmaker: Papandreou wins Pyrrhic victory

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.

Nov 4, 2011

Papandreou wins Pyrrhic victory

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.

Nov 4, 2011

Greek PM survives confidence vote, signals he may quit

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.

Nov 4, 2011

Greek PM calls for coalition, signals may quit

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.

Nov 4, 2011

Exclusive: Greek finance minister plans to forge coalition

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.

    • About Dina

      "Based in Athens, in charge of text, pictures and TV teams covering Greece and Cyprus since 2005. Previously based in Bucharest, in charge of Romania and Bulgaria."
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