Bureau Chief, Greece & Cyprus
Dina's Feed
Nov 3, 2011

Greek PM may yield to coalition if confidence vote won – source

ATHENS (Reuters) – Greek Prime Minister George Papandreou has struck a deal with ministers to step down and hand power to a negotiated coalition government if they help him win a confidence vote on Friday, government sources with knowledge of a cabinet meeting said.

They said the ministers involved in the deal were led by Finance Minister Evangelos Venizelos.

Nov 3, 2011

Exclusive: Greek PM ready to yield to coalition if vote won

ATHENS (Reuters) – Greek Prime Minister George Papandreou has struck a deal with ministers to step down and hand power to a negotiated coalition government if they help him win a confidence vote on Friday, government sources with knowledge of a cabinet meeting said.

They said the ministers involved in the deal were led by Finance Minister Evangelos Venizelos.

Nov 3, 2011

Greek PM defies demands he quit in referendum row

ATHENS (Reuters) – Greek Prime Minister George Papandreou defied demands on Thursday that he resign over his decision to hold a referendum on the nation’s euro zone bailout deal, calling instead for his party to unite for a confidence vote in the government.

Papandreou fought back off the ropes, saying the referendum plan which provoked uproar at home and around the euro zone had forced the opposition to accept the 130-billion-euro rescue and its conditions — a new wave of deep austerity.

Nov 3, 2011

Greek leader signals he may ditch referendum plan

ATHENS (Reuters) – Prime Minister George Papandreou said on Thursday he would scrap a referendum on Greece’s bailout lifeline if the conservative opposition agreed to back the package in parliament.

Events in Athens gathered speed a day after Papandreou held a bruising meeting in France with German and French leaders, who told him Athens would not receive a cent more in aid until it voted to meet its commitments under the bailout deal.

Nov 3, 2011

Papandreou faces rapid fall after long climb to top

ATHENS (Reuters) – Prime Minister George Papandreou faces a sudden fall from power just two years after the son and grandson of famous Greek premiers won election and immediately warned that his nation was staring into a financial abyss.

State television and the state ANA news agency reported Papandreou would meet President Karolos Papoulias Thursday, without giving any further details, but Papandreou’s options are either to submit his resignation or request a unity government.

Nov 3, 2011

Greek PM on brink, world tells Europe to fix crisis

ATHENS/CANNES, France (Reuters) – Greece’s government was on the brink of collapse on Thursday, casting doubt on plans for a referendum on staying in the euro, as European leaders talked for the first time of a possible Greek exit to preserve the single currency.

Beleaguered Prime Minister George Papandreou chaired an emergency cabinet meeting in Athens, with his finance minister and some Socialist lawmakers in revolt, after France and Germany gave Greeks an ultimatum to make up their minds.

Nov 3, 2011

Greek government on brink of collapse

ATHENS (Reuters) – The Greek government teetered on the brink of collapse on Thursday over plans for a referendum on a euro zone bailout, with ruling party defections casting grave doubt on whether Prime Minister George Papandreou can survive a confidence vote.

“I don’t think the government will last until tonight,” said Costas Panagopoulos, Managing Director of pollsters ALCO.

Nov 3, 2011

Greek government in turmoil, top minister opposes referendum

ATHENS (Reuters) – Greek Finance Minister Evangelos Venizelos has come out against holding a referendum on the euro zone bailout, a ministry source said on Thursday, breaking ranks with his prime minister as the government faces collapse.

A lawmaker of Prime Minister George Papandreou’s socialist party PASOK said she would not support the government in a parliamentary vote of confidence on Friday, cutting its majority for the vote to just one. Snap elections would probably follow if Papandreou’s majority vanished.

Nov 3, 2011

Greek govt in turmoil, top minister opposes referendum

ATHENS (Reuters) – Greek Finance Minister Evangelos Venizelos has come out against holding a referendum on the euro zone bailout, a ministry source said on Thursday, breaking ranks with his prime minister as the government faces collapse.

A lawmaker of Prime Minister George Papandreou’s socialist party PASOK said she would not support the government in a parliamentary vote of confidence on Friday, cutting its majority for the vote to just one. Snap elections would probably follow if Papandreou’s majority vanished.

Nov 3, 2011

Euro zone contemplates future without Greece

ATHENS/CANNES, France (Reuters) – European leaders were preparing Thursday for Greece to leave the euro zone to preserve the 12-year-old single currency.

French President Nicolas Sarkozy and German Chancellor Angela Merkel told Prime Minister George Papandreou at a torrid meeting in Cannes that Athens would not receive a cent more in aid — Greece was due an 8 billion euros aid payment this month — until it votes to meet its commitments to the euro zone.

    • 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."
    • Follow Dina