News / Europe

Greek PM Survives Confidence Vote

Greek Prime Minister George Papandreou (R) and Finance Minister Evangelos Venizelos applaud after winning a vote of confidence in the Greek parliament in Athens, Greece, November 5, 2011.
Greek Prime Minister George Papandreou (R) and Finance Minister Evangelos Venizelos applaud after winning a vote of confidence in the Greek parliament in Athens, Greece, November 5, 2011.

Greek Prime Minister survived confidence vote in parliament late Friday, avoiding early elections which would have further destabilized the eurozone.

In a speech ahead of the vote, George Papandreou called for a new coalition government to approve a bailout deal vital for saving the country from bankruptcy and stabilizing the eurozone.

He told parliament that he would go to the Greek president Saturday to discuss formation of a power-sharing government that would secure the bailout. He said he was willing to let someone else lead the caretaker government, but he said calling for early elections would be disastrous.

Finance Minister Evangelos Venizelos said the country desperately needed the next $11 billion installment of its existing $150 billion bailout.   European leaders and the International Monetary Fund have said Greece would not get another cent if it backs out of its bailout agreement.

The vote took place a day after Papandreou scrapped a controversial referendum that had angered world leaders trying to formulate the eurozone rescue plan. The Greek leader faced opposition from the New Democracy party, as well as some members of his own Socialist [ Pasok] Party.

The Greek vote concluded a week of turmoil in the eurozone, which began with Papandreou's call for a referendum on the bailout for his country.   

The prime minister faced enormous international pressure to call off the referendum. He said the vote was a political move to get Greek opposition to support the bailout plan. He scrapped the referendum plan after the opposition lawmakers said they would support the bailout.

Thousands of protesters rallied in central Athens during the vote Friday against tough austerity measures included in the bailout.

Greek opposition leader Antonis Samaras has demanded Papandreou's resignation, saying he had jeopardized Greece's world financial standing by calling for the referendum.

Samaras also called for the creation of a transitional government to prepare for early elections.

Papandreou said that holding early elections would be "catastrophic," but added that he was open to talks with opposition members regarding the formation of a new government that would secure the debt deal.

<p><span class="article11"><i><span style="font-size: 7pt; line-height: 115%; font-family: &quot;Times New Roman&quot;,&quot;&quot;;">Some information for this report was provided by AP, AFP and Reuters.</span></i></span></p>

You May Like

Is Air Travel Safe?

Aviation expert says despite tragic losses of Malaysian Airlines flights 370 and 17, industry experienced lowest fatality rate in recorded history last year More

Multimedia 100 Days Later, Nigerian Girls Still Held

Activists holding rallies in Nigeria and several other countries to mark 100th day of captivity for more than 200 schoolgirls being held by Boko Haram More

Chocolate Too Bitter? Swap Sugar for Mushrooms

US food technology company develops fermentation process using mushrooms to reduce bitterness in cocoa beans, believes it will cut sugar content in candy More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Carriers Suspend Travel to Israeli
X
Carolyn Presutti
July 23, 2014 1:21 AM
The United States is prohibiting American carriers from flying to Israel's airport in Tel Aviv for 24 hours, because of rising violence between Israel and Hamas militants. The action was announced on Tuesday, after a rocket fired by Hamas militants in the Gaza Strip landed near the airport. As VOA's Carolyn Presutti tells us, international officials soon may have to determine which combat zones are too dangerous for commercial flights.
Video

Video US Carriers Suspend Travel to Israel

The United States is prohibiting American carriers from flying to Israel's airport in Tel Aviv for 24 hours, because of rising violence between Israel and Hamas militants. The action was announced on Tuesday, after a rocket fired by Hamas militants in the Gaza Strip landed near the airport. As VOA's Carolyn Presutti tells us, international officials soon may have to determine which combat zones are too dangerous for commercial flights.
Video

Video NASA Focuses on Earth-Like Planets

For decades, looking for life elsewhere in the universe meant listening for signals that could be from distant civilizations. But recent breakthroughs in space technology refocused some of that effort toward finding planets that may harbor life, even in its primitive form. VOA’s George Putic reports on a recent panel discussion at NASA’s headquarters, in Washington.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video Relic of Saint Draws Catholics Worried About Immigration Issue

A Roman Catholic saint who is a figure of devotion for those crossing the border into the United States is attracting believers concerned about the plight of undocumented immigrants. Mike O'Sullivan reports from Los Angeles, where a relic of Saint Toribio has drawn thousands to local churches.
Video

Video US Awards Medal of Honor for Heroics in Bloodiest of Afghan Battles

U.S. combat troops are withdrawing from Afghanistan, on pace to leave the country by the end of this year. But on Monday, U.S. President Barack Obama took time to honor a soldier whose actions while under fire in Afghanistan earned him the Medal of Honor. VOA's Jeff Seldin has more from the Pentagon.
Video

Video Ukraine Rebels Surrender MH17 Black Boxes

After days of negotiations, a senior separatist leader handed over two black boxes from an airliner downed over eastern Ukraine to Malaysian experts early Tuesday. While on Monday, the U.N. Security Council unanimously demanded that armed groups controlling the crash site allow safe and unrestricted access to the wreckage.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.
Video

Video Nature of Space Exploration Enters New Age

Forty-five years ago this month, the first humans walked on the moon. It was during an era of the space race between the United States and the Soviet Union. World politics have changed since then and -- as Elizabeth Lee reports -- so has the nature of space exploration.

AppleAndroid