Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
Hopes rise for breakthrough in Greek political drama
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Fwire
  • Hopes rise for breakthrough in Greek political drama

Hopes rise for breakthrough in Greek political drama

FP Archives • November 6, 2011, 19:18:00 IST
Whatsapp Facebook Twitter

Meanwhile, the Greek media and people were growing increasingly exasperated at the squabbling of their leaders.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
On
Google
Prefer
Firstpost
Hopes rise for breakthrough in Greek political drama

Athens:  A breakthrough in Greece’s damaging political stalemate seemed increasingly likely today as the opposition leader said a deal on a unity government was possible if Prime Minister George Papandreou resigns. Amid dire warnings that the country is about to run out of cash and growing anger at the squabbling, Antonis Samaras said the debt-wracked country had to give a message of stability to the outside world. “As long as Papandreou has not decided what he wants to do, it is blocking any solution,” said Samaras, head of the centre-right opposition New Democracy party. “I have decided to help. If he resigns, everything will follow its course,” Samaras said after a brief meeting with President Carolos Papoulias designed to break the deadlock. [caption id=“attachment_124850” align=“alignleft” width=“380” caption=“A breakthrough in Greece’s damaging political stalemate seemed increasingly likely today as the opposition leader said a deal on a unity government was possible if Prime Minister George Papandreou resigns. AFP Photo”] ![](https://images.firstpost.com/wp-content/uploads/2011/11/GREEKPM1.jpg "GREEKPM") [/caption] “We need to send a message of stability and confidence to the outside world and stability and normality domestically,” Samaras said in a televised exchange with Papoulias. “Everyone needs to assume their responsibilities,” Samaras added. Papoulias replied: “You said what I wanted to hear.” Papandreou – who has indicated he is prepared to step aside for the good of the country – was set to hold an emergency cabinet meeting at 4:00 pm (1930 IST). Talks over forming a unity government Papandreou says is vital to pass a much-needed EU bailout plan and keep Greece in the euro have also been bogged down over the issue of elections. Samaras has called for snap polls, whereas Papandreou has said this would be a “catastrophe”. Meanwhile, the Greek media and people were growing increasingly exasperated at the squabbling of their leaders. Sunday’s edition of Kathimerini blasted the politicians for petty squabbling as the country faces its deepest economic crisis in decades. “Haggling on the Titanic,” the paper screamed on its front page. “The country needs a new government by Monday to avoid bankruptcy,” it said, in reference to Greece’s old currency. Meanwhile, polls published in the Sunday papers showed that the people are largely in favour of a unity government and passionately want to keep the euro. The cabinet discussions later in the day were to prepare the ground for a meeting of eurozone finance ministers tomorrow. The EU ministers will debate whether the conditions are in place to release an eight billion euro ($11 billion) slice of bailout cash that Greek Finance Minister Evangelos Venizelos says is needed by 15 December. And there will be no let-up in the pressure on Athens to implement fierce austerity measures in return for bailout cash. The eurozone finance ministers “will certainly reiterate their desire to see all the main parties subscribe to the adjustment programme,” said a European government source in Brussels. Ratcheting up the pressure on politicians to put aside their differences, a government spokesman announced late yesterday that Athens had only seven weeks to put the terms of the EU rescue package in place. “According to the non-negotiable timetable … of the European Summit (where the plan was agreed), the new agreement needs to be ratified in parliament by the end of 2011,” spokesman Ilias Mossialos said in a statement. AFP

Tags
LehmanMoment George Papandreou greek debt crisis
End of Article
Written by FP Archives

see more

Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV