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In Cabinet Revolt, Papandreou Ordered to "Calmly Step Down", and He Obliged

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 04 Nov 11 10:10 AM | 69 view(s)
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Msg. 36074 of 45651
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's the end of the line for Greek Prime Minister George Papandreou.

In a cabinet revolt led by his finance minister, Papandreou was ordered to stand down for the sake of his party. He obliged having no real choice in the matter because otherwise he would have been ousted in a vote of confidence.

Ironically, he may survive the vote, but as part of the agreement he will stand down.
more,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Mike "Mish" Shedlock

http://globaleconomicanalysis.blogspot.com/2011/11/in-cabinet-revolt-papandreou-ordered-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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