Sunday, November 6, 2011

Greek PM to launch coalition talks (AP)

ATHENS, Greece ? Embattled Greek Prime Minister George Papandreou is preparing to start talks to try to form a four-month coalition government, aimed at securing continued rescue funds for the near-bankrupt eurozone country.

Papandreou is due to meet President Karolos Papoulias at noon (1000GMT) Saturday, hours after winning a confidence vote in the Socialist-led parliament on a pledge that he was willing to step aside and form a cross-party caretaker government.

But it remains unclear whether the main opposition conservatives and other parties will take part in the talks and abandon their demand for a snap general election.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20111105/ap_on_re_eu/eu_greece_financial_crisis

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