Yericko Nyerere
JF-Expert Member
- Dec 22, 2010
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George Papandreou, Greece's prime minister, has survived a confidence vote, calming a revolt in his ruling Socialist party with an emotional pledge to step aside if need be and seek a cross-party government lasting four months to safeguard Europe's new debt agreement.
Papandreou won the critical confidence motion with a vote of 153-145 in the 300-member Parliament early on Saturday after a week of drama in Athens that horrified its European partners, spooked global markets and overshadowed the Group of 20 summit in the French resort of Cannes.
The threat of a Greek default or exit from the common euro currency has worsened the continent's debt crisis, which is already struggling under bailouts for Greece, Ireland and Portugal.
Evangelos Venizelos, the Greek finance minister, said the new government that will be formed would last until the end of February.
But opposition leader Antonis Samaras, who had demanded Papandreou resign and a new government be formed that did not include members of any political party, called for snap elections. He did not say whether his conservative party would join coalition talks, due to be formally launched later Saturday when Papandreou meets the country's president.
"The masks have fallen, Mr Papandreou has rejected our proposals in their entirety. The responsibility he bears is huge. The only solution is elections."
Papandreou's government came under threat this week, following his disastrous bid to hold a referendum on a**130bn-euro ($179bn)*European* bailout agreement.
Papandreou told parliament before the vote that he would go to the Greek president on Saturday to discuss formation of a broader-based government that would secure the euro zone bailout, Greece's last financial lifeline, adding that he was willing to discuss who would head a new administration.
He warned that calls for*early elections would be "catastrophic" and said Greece must implement the bailout plan to avoid*re-defaulting on its debts.
"We, the Socialist party deputies, carried the cross of reform ... But one group in parliament is not enough. This great task requires sincere and broad support,'' Papandreou said, stressing the transition must be as smooth as possible.
"The priority is the security of the country _ continued (rescue) funding, adhering to the debt deal and our continued presence in the euro, and all other initiatives need to avoid danger for the nation."
Papandreou said his main interest was to stabilize the country's economy, and he was open to negotiation as to who would lead the new government.
"We must proceed in an organized way. And regardless of developments, the country must be governed tomorrow without turbulence," he said.
He was forced to withdraw the referendum plan on Thursday after markets and European Union leaders reacted with hostility to the idea, and his legislators and ministers rebelled and called for him to step down, accusing him of endangering the country's bailout.
The threat of a Greek default or exit from the common euro currency has worsened the continent's debt crisis, which is already struggling under bailouts for Greece, Ireland and Portugal.
Protesters opposed to the government's austerity cuts gathered outside the parliament in Athens ahead of the vote.
"Some 3,000 demonstrators have come into Syntagma Square, or Constitution Square, and they are outside the parliament building which is protected by riot police. They are chanting 'thieves! thieves!' against the members of parliament," our correspendent reported on Friday.
Antonis Samaras, a Greek opposition leader, urged Papandreou to quit during a parliamentary meeting to vote on whether to accept the EU package that contains deeply unpopular spending cuts.
Through waves of austerity policies demanded by the nation's international lenders, Papandreou has carried the parliamentary group of his party with him, despite much criticism within the ranks, but defections have left him needing every vote to survive.
Source:
Al Jazeera and agencies
Papandreou won the critical confidence motion with a vote of 153-145 in the 300-member Parliament early on Saturday after a week of drama in Athens that horrified its European partners, spooked global markets and overshadowed the Group of 20 summit in the French resort of Cannes.
The threat of a Greek default or exit from the common euro currency has worsened the continent's debt crisis, which is already struggling under bailouts for Greece, Ireland and Portugal.
Evangelos Venizelos, the Greek finance minister, said the new government that will be formed would last until the end of February.
But opposition leader Antonis Samaras, who had demanded Papandreou resign and a new government be formed that did not include members of any political party, called for snap elections. He did not say whether his conservative party would join coalition talks, due to be formally launched later Saturday when Papandreou meets the country's president.
"The masks have fallen, Mr Papandreou has rejected our proposals in their entirety. The responsibility he bears is huge. The only solution is elections."
Papandreou's government came under threat this week, following his disastrous bid to hold a referendum on a**130bn-euro ($179bn)*European* bailout agreement.
Papandreou told parliament before the vote that he would go to the Greek president on Saturday to discuss formation of a broader-based government that would secure the euro zone bailout, Greece's last financial lifeline, adding that he was willing to discuss who would head a new administration.
He warned that calls for*early elections would be "catastrophic" and said Greece must implement the bailout plan to avoid*re-defaulting on its debts.
"We, the Socialist party deputies, carried the cross of reform ... But one group in parliament is not enough. This great task requires sincere and broad support,'' Papandreou said, stressing the transition must be as smooth as possible.
"The priority is the security of the country _ continued (rescue) funding, adhering to the debt deal and our continued presence in the euro, and all other initiatives need to avoid danger for the nation."
Papandreou said his main interest was to stabilize the country's economy, and he was open to negotiation as to who would lead the new government.
"We must proceed in an organized way. And regardless of developments, the country must be governed tomorrow without turbulence," he said.
He was forced to withdraw the referendum plan on Thursday after markets and European Union leaders reacted with hostility to the idea, and his legislators and ministers rebelled and called for him to step down, accusing him of endangering the country's bailout.
The threat of a Greek default or exit from the common euro currency has worsened the continent's debt crisis, which is already struggling under bailouts for Greece, Ireland and Portugal.
Protesters opposed to the government's austerity cuts gathered outside the parliament in Athens ahead of the vote.
"Some 3,000 demonstrators have come into Syntagma Square, or Constitution Square, and they are outside the parliament building which is protected by riot police. They are chanting 'thieves! thieves!' against the members of parliament," our correspendent reported on Friday.
Antonis Samaras, a Greek opposition leader, urged Papandreou to quit during a parliamentary meeting to vote on whether to accept the EU package that contains deeply unpopular spending cuts.
Through waves of austerity policies demanded by the nation's international lenders, Papandreou has carried the parliamentary group of his party with him, despite much criticism within the ranks, but defections have left him needing every vote to survive.
Source:
Al Jazeera and agencies
