June 16, 2011
Much of Europe’s projects, not least the euro itself, now hinge on the tense political drama playing out in Athens.
The key figure is Greek Finance Minister George Papaconstantinou and his role in the vortex of the European debt crisis.
Highly trained and trusted by his EU counterparts and the IMF, Mr. Papaconstantinou has been so demonized by many Greeks as the orchestrator of harsh EU-imposed spending cuts that some members of the governing Socialist Party now consider him untenable.
A worried Prime Minister George Papandreou fears his five-seat majority in parliament could begin to dissolve unless he manages to defuse public protests that turned violent outside the parliament building again Wednesday.
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