You can lead a trojan horse to water
The Anglo-saxon Chronicle has learned that the Greek prime minister George Papandreou has offered to stand aside.
As thousands took to the streets to protest a second round of austerity measures on Wednesday, Prime Minister George Papandreou proposed to step aside so that his Socialist party could form a coalition government with the center-right opposition, but only if it would support a new bailout for the debt-ridden country.
Greece's economy is drowning in more than 300bn euros of debt – around one and a half times bigger than the country's entire annual output. Unemployment has rocketed to 16.2 percent, and the economy is predicted to contract by as much as 3 percent this year, making it Europe's worst performing economy – and one of the worst in the world.
As thousands took to the streets to protest a second round of austerity measures on Wednesday, Prime Minister George Papandreou proposed to step aside so that his Socialist party could form a coalition government with the center-right opposition, but only if it would support a new bailout for the debt-ridden country.
Greece's economy is drowning in more than 300bn euros of debt – around one and a half times bigger than the country's entire annual output. Unemployment has rocketed to 16.2 percent, and the economy is predicted to contract by as much as 3 percent this year, making it Europe's worst performing economy – and one of the worst in the world.
posted by Anoneumouse at 6:20 pm
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