Friday, 11 November 2011

Greece to swear in unity cabinet and new PM

Greece's new coalition cabinet and Prime Minister-designate Lucas Papademos are due to be formally sworn in, after a week of political turmoil.
The fresh government's most difficult task is to approve Greece's recent EU bailout package and protect bankruptcy.
Mr Papademos is not elected MP, has said his first priority will be to keep Greece in the eurozone.
He is planed with putting the debt-laden country back on track before elections, probably in February.
Outgoing Prime Minister George Papandreou was asked not to interfere after a disastrous call for a referendum on the eurozone rescue package.
The referendum plan was rejected within a some days, but not before sparking a financial and political crisis that threatened to engulf the eurozone.

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