Sunday, November 6, 2011

Greece's Prime Minister Stepping Down

Greece's prime minister, George Papandreou, has announced that he would resign as prime minister provided that the 130 billion euro bailout package is approved.

This announcement came after a meeting with Papandreou and Antonio Samaras, the leader of the New Democracy Party. They agreed to form a new government.

The two will meet again on Monday to discuss who will be the next prime minister.

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