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Greek PM, opposition agree to coalition government

Sunday, November 06, 2011 - 01:20

Nov. 6 - Papandreou and opposition leader Andonis Samaras agree to form a new coalition government to approve a euro zone bailout deal before elections. Rough Cut (no reporter narration).

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ROUGH CUT - NO REPORTER NARRATION Greece's Prime Minister George Papandreou and opposition leader Andonis Samaras have agreed on a new coalition government to approve a euro zone bailout deal before elections, the office of the country's president said on Sunday (November 6). The agreement came after the two leaders held talks with the president in an effort to break a political deadlock and thrash out a deal for a national unity government demanded by the country's European partners. A presidency statement said they will meet again on Monday (November 7) to discuss who would head the coalition government, but that Papandreou would not lead the new administration. A statement released by president's office made no mention of how long the interim government would last. The European Union gave Greece 24 hours on Sunday to explain how it will form a unity government to enact a bailout agreement. Papandreou and his opponents have been scrambling to hammer out a deal ahead of a meeting by finance ministers of euro countries on Monday, to show that Greece is serious about taking steps needed to stave off bankruptcy.

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Greek PM, opposition agree to coalition government

Sunday, November 06, 2011 - 01:20