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Greek prime minister survives confidence vote
Published in Saudi Press Agency on 05 - 11 - 2011

AlHijjah 9, 1432, Nov 5, 2011, SPA -- Greek Prime Minister George Papandreou survived a confidence vote on Saturday after promising to seek an interim
government to secure a new European debt deal to avert the country's
bankruptcy, according to dpa.
Members of his Socialist PASOK party voted 153 in favor of the
prime minister in the 300-member parliament after threatening to
overthrow him hours earlier following his controversial bid to hold a
referendum on the new debt deal.
The prime minister was forced to scrap the idea of holding a
referendum on Thursday after causing havoc in global markets and
shocking and angering European leaders already struggling to contain
crises in Portugal and Ireland.
Papandreou had promised that he will enter into negotiations with
the opposition to form an emergency administration if he wins the
confidence vote. He will meet with Greek President Karolos Papoulias
later on Saturday to begin discussing the issue.
Finance Minister Evangelos Venizelos said the new administration
will be in place until the end of February, with elections to be held
in March.
Main opposition New Democracy leader Antonis Samaras did not say
whether his party would enter coalition talks with the ruling
government. Earlier he renewed his call for snap elections.
The international bailout deal agreed to in Brussels last week
would give the country 130 billion euros (180 billion dollars) and
impose a 50-per-cent write-off on private holders of Greek debts, in
return for years of deeply unpopular austerity measures.


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