Papandreou’s Do Or Die Moment: Failure Could Mean Euro Breakup

The European rollercoaster continues.  Only a few days after global markets rallied on news that Eurozone leaders, with Merkel and Sarkozy leading the march, agreed on a new comprehensive package to eliminate systemic risk, bail out Greece again, and recapitalize banks, Greek Prime Minister George Papandreou called for a confidence vote and a referendum on the new bailout and further austerity measures.

http://www.forbes.com/sites/afontevecchia/2011/11/01/papandreous-do-or-die-moment-failure-could-mean-euro-breakup/

About the Author

has written 23518 stories on this site.

Copyright © 2010 corporatecommunicationsnews101.com