Greece: coalition heads to pick new premier - The Best from Greece


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Posted on: 07/Nov/2011

Greece: coalition heads to pick new premier for 15-week power-sharing government

ATHENS, Greece (AP) -- The heads of Greece's emerging interim government are due to resume talks to name the country's new prime minister, after reaching a historic power-sharing deal to save the country from default.

Socialist Prime Minister George Papandreou and conservative leader Antonis Samaras are to resume talks Monday to hammer out the composition of the new 15-week government, tasked with finalizing a mammoth new debt deal with the country's rescue creditors.

Papandreou and Samaras agreed on the interim coalition late Sunday under mounting international pressure for cross-party acceptance of the deal.

As part of the deal, Papandreou agreed to step down halfway through his four-year term.


source: http://finance.yahoo.com

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