Daily Archives: November 7, 2011

Archives November 7, 2011 posted by

Greece seals sketchy coalition deal under EU pressure

 

Greek Prime Minister George Papandreou sealed a deal with the opposition on a crisis coalition to approve an international bailout, but details remain thin despite an EU ultimatum for Athens to get serious about tackling its huge problems.

With Greece due to run out of money in a few weeks, the European Union told its bickering parties to explain by Monday evening how they would form a unity government to enact the €130 billion emergency funding package.

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