Greek PM Scraps Bailout Referendum

November 3rd, 2011

Via: MSNBC:

Two officials close to the Greek prime minister say he has scrapped his plan to hold a referendum on the latest European debt deal for Greece after the main opposition leader said he would back it.

The two officials said George Papandreou made the comments during an emergency Cabinet meeting Thursday. One also said the premier would not resign despite mounting pressure, and would await the outcome of Friday’s confidence vote in his government.

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