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

For Lebanon-based Refugees, Desperation Fuels Perilous Passage

In a war that has caused an estimated three million people to flee Syria, efforts to make perilous sea journey in search of asylum expected to increase More

South African Brewer Tackles Climate Change

Mega-brewer SAB Miller sent delegates to climate summit in Peru, says it is one of many private companies taking their own steps to fight climate change More

Indonesia Reports Increase in Citizens Joining Islamic State

Officials say more than 350 of its citizens are now in Syria or Iraq to fight with Islamic State - 50 more than last month 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.
Will Pakistan School Shooting Galvanize Pakistan Against Extremism?i
X
Ayesha Tanzeem
December 17, 2014 11:54 AM
The attack on a military school in Pakistan’s northwest city of Peshawar left 141 dead, including 132 children. Strong statements of condemnation poured in from across the world. The country announced three days of mourning, and the leadership, both political and military, promised retribution. VOA's Ayesha Tanzeem looks at how likely the Pakistani government is to clamp down on all extremist groups.
Video

Video Will Pakistan School Shooting Galvanize Pakistan Against Extremism?

The attack on a military school in Pakistan’s northwest city of Peshawar left 141 dead, including 132 children. Strong statements of condemnation poured in from across the world. The country announced three days of mourning, and the leadership, both political and military, promised retribution. VOA's Ayesha Tanzeem looks at how likely the Pakistani government is to clamp down on all extremist groups.
Video

Video ‘Anti-Islamization’ Marches Increase Tensions In Germany

Anti-immigrant rallies in Germany have been building in recent weeks, peaking Monday night in the city of Dresden where tens of thousands of people turned out to demonstrate against what they call the ‘Islamization’ of the West. Germany has offered asylum to more Syrian refugees than any other country, and this appears to have set off the protests. Henry Ridgwell reports from London.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.
Video

Video Refugees Living in Kenya Long for Peace in the Home Countries

Kenya is host to numerous refugees seeking safe haven from conflict. Immigrants from Somalia face challenges in their new lives in Kenya. Ahead of International Migrants Day (December 18) Lenny Ruvaga has more for VOA News from the Kenyan capital.
Video

Video Turkey's Authoritarianism Dismays Western Allies

The Turkish government has been defiant in the face of criticism at home and abroad for its raids targeting opposition media. The European Union on Monday expressed dismay after President Recep Tayyip Erdogan lashed out at Brussels for criticizing his government's action. Turkey's bid to be considered for EU membership has been on hold while critics accuse the NATO ally of increasingly authoritarian rule. Zlatica Hoke reports.
Video

Video US-China Year in Review: Hong Kong to Climate Change

The United States is pushing for a code of conduct to resolve territorial disputes in the South China Sea as it works to improve commercial ties with Beijing. VOA State Department correspondent Scott Stearns reports on a year of U.S. policy toward China from Hong Kong to climate change.
Video

Video Japanese Leader’s Election Win Raises Potential for Conflict with Neighbors

Japan’s Prime Minister Shinzo Abe and his allies easily won a two-thirds majority in parliament Sunday, even though the country has slipped into recession under his conservative policies. VOA’s Brian Padden reports from Seoul, that the prime minister’s victory will empower him to continue economic reforms but also pursue a nationalist agenda that will likely increase tensions with Japan’s neighbors.
Video

Video Nuba Mountain Families Hide in Caves to Escape Aerial Bombings

Despite ongoing peace talks between Sudan's government and the rebel Sudan People’s Liberation Movement-North, or SPLM-N, daily aerial attacks continue in South Kordofan province’s Nuba Mountains. Adam Bailes was there and reports for VOA that government forces are targeting civilian areas, rather than military positions, with their daily bombardments.

All About America

AppleAndroid