Thursday, June 16, 2011

Greek PM reshuffle plan in doubt as deputies quit













A string of parliamentary resignations threw Greek Prime Minister George Papandreou's plan to reshuffle his cabinet and seek support for a crucial austerity package into disarray on Thursday.

Greece risks bankruptcy if it fails to pass the government's highly unpopular five-year plan for tax hikes, spending cuts and state property selloffs demanded by international lenders in return for a second bailout.


Reuters