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November 6, 2011
Translation: Greece's Prime Minister, George Papandreou, is making his exit.

Translation: Greece's Prime Minister, George Papandreou, is making his exit.

15:27 // 2 years ago
We only have to wait for the prime minister’s announcements in the cabinet. Everything must be done within the day, otherwise tomorrow it will be hell.
Greek politician Telemachos Hitiris • Discussing the expected plans for the Greek government, which just had a prime minister survive a no-confidence vote. The plan now will be to come up with an interim coalition government to replace Prime Minister George Papandreou, who could resign as soon as Sunday. It’s been a weird week in Greek politics, in case you haven’t been following alongsource (viafollow)
9:21 // 2 years ago
November 4, 2011

Greek PM George Papandreou survives no-confidence vote

  • yeah … After a week full of hand-wringing (he called a referendum on an aid package, then backed off) after months of general annoyance, Greek Prime Minister George Papandreou managed to survive a no-confidence vote on Friday.
  • … but Don’t expect him to remain in power for long; Papandreou reportedly plans to work towards forming a unity government, which he may or may not lead. He says he’s willing to step aside if it’s a good choice for the country. source
19:47 // 2 years ago
November 3, 2011
11:29 // 2 years ago
Greek bailout referendum scrapped: Man, this is a confusing morning as far as the Greek debt crisis goes. More details as we get them.

Greek bailout referendum scrapped: Man, this is a confusing morning as far as the Greek debt crisis goes. More details as we get them.

10:48 // 2 years ago
Despite earlier reports to the contrary, Greek PM George Papandreou won’t be offering up his resignation, Greek officials say. This isn’t a confusing morning at all!

Despite earlier reports to the contrary, Greek PM George Papandreou won’t be offering up his resignation, Greek officials say. This isn’t a confusing morning at all!

10:25 // 2 years ago
Oh. Well this could be big. "Greek Prime Minister George Papandreou is expected to offer his resignation within the next half-hour, sources in Athens have told the BBC."

Oh. Well this could be big. "Greek Prime Minister George Papandreou is expected to offer his resignation within the next half-hour, sources in Athens have told the BBC."

(via jvbrewer)

8:25 // 2 years ago
November 1, 2011
Greek officials OK referendum plans: Like we said earlier (sarcastically, kinda), the stock market doesn’t like democracy. Democracy often goes against the best interests of investors. It’s messy. It works in ways that don’t always work in the best interests of the people who vote for it. But you gotta give people the opportunity to take advantage of the democratic system. No matter how much it hurts. That’s what Greece will go through very soon. Democracy. Don’t like it? Take an Alka-Seltzer and give yourself five minutes to get in a happy spot.

Greek officials OK referendum plans: Like we said earlier (sarcastically, kinda), the stock market doesn’t like democracy. Democracy often goes against the best interests of investors. It’s messy. It works in ways that don’t always work in the best interests of the people who vote for it. But you gotta give people the opportunity to take advantage of the democratic system. No matter how much it hurts. That’s what Greece will go through very soon. Democracy. Don’t like it? Take an Alka-Seltzer and give yourself five minutes to get in a happy spot.

21:31 // 2 years ago
September 17, 2011
11:45 // 2 years ago
July 5, 2011
10:38 // 2 years ago