Nov 09

Another rat leaves the sinking ship.

See also:

PM Berlusconi Says He’s Resigning For The Good Of Italy


G-Pap Speaks Live, Resigns (Zero Hedge, Nov. 9, 2011):

Headlines as the outgoing PM has what may be one of his last addresses to the nation.

PAPANDREOU RESIGNS
PAPANDREOU DOESN’T SAY WHO WILL LEAD NEW GOVERNMENT
PAPANDREOU SAYS AIMED FOR CONSENSUS FROM BEGINNING
PAPANDREOU SAYS HAS CONSENSUS NOW
PAPANDREOU SAYS NEED OF UNITY MORE THAN EVER BEFORE
PAPANDREOU SAYS GREECE MUST DO ALL TO STAY IN EURO
PAPANDREOU SAYS GREECE MUST DO ALL TO EXIT CRISIS
PAPANDREOU SAYS NEED OF UNITY MORE THAN EVER BEFORE
PAPANDREOU SAYS WILL DO WHATEVER IS NECESSARY TO IMPLEMENT EU AID DEAL

In the meantime, L-Pap appears to be gone, and with it, the Fed and ECB annexation plans, and instead the speaker of the government Filippos Petsalnikos (or F-Paps) will most likely be named interim PM. What that means for the future of the country at this point is still unclear.

via BBG and Reuters

Tags: , , , , , , ,