fillintheblanks
June 20th, 2011, 01:30 AM
Greece will need a second international financial bailout of the same magnitude as last year's €110bn (£97bn), in order to avoid a tumultuous debt default, the prime minister, George Papandreou, has conceded while mounting a last-ditch appeal to parliament and the nation to back his austerity programme.
The conservative opposition leader, Antonis Samaras, called for Papandreou to step down to pave the way for elections and a renegotiation of the bailout. But Papandreou called for the opposition to "stop fighting in these critical times, stop sending the image that the country is being torn apart".
Will Greece ever become solvent?
The conservative opposition leader, Antonis Samaras, called for Papandreou to step down to pave the way for elections and a renegotiation of the bailout. But Papandreou called for the opposition to "stop fighting in these critical times, stop sending the image that the country is being torn apart".
Will Greece ever become solvent?