Greek political leaders appeared unable to break a deadlock left by inconclusive general elections last Sunday, suggesting that a second round of polls may be inevitable.
Voters sent a message to the traditional governing parties that are being blamed for the country’s economic woes and bolstered parties on the left and right.
After days of talks, Greek political leaders reached a deal Thursday to support a package of harsh austerity measures demanded by Greece’s financial backers in return for a bailout.
After days of talks, Greek political leaders reached a deal Thursday to support a package of harsh austerity measures demanded by Greece’s financial backers in return for a bailout.
The interim government agreed to cut spending this year by 1.5 percent of Greece’s gross domestic product, but members have yet to agree on details of austerity measures.
The Greek cabinet offered its full support early Wednesday to Prime Minister George Papandreou for his surprise plan to call a referendum on the Greek financial crisis.
The Greek cabinet offered its full support early Wednesday to Prime Minister George Papandreou for his surprise plan to call a referendum on the Greek financial crisis.
Greeks went on a general strike Tuesday, a day before a vote on unpopular austerity measures that are deemed critical to unlocking international financial support.
The prime minister said he would reshuffle his cabinet and request a vote of confidence after talks with the opposition about a unity government foundered.