Thursday, June 16, 2011

Greece's PM George Papandreou 'to fight on'

BBC News
June 16, 2011

Greek Prime Minister George Papandreou has vowed to fight on in seeking support for new austerity measures that have sparked strikes and protests.

Greek ruling party deputies are holding an emergency meeting to discuss the crisis that has shaken global markets.

To a standing ovation, Mr Papandreou said he would reshuffle his cabinet before putting it to a vote of confidence by the parliament.

He was speaking after some figures in his party appeared to move against him.

"I seek and will continue seeking wider consensus," said Mr Papandreou. "Our response to the challenges we face is stability and to stay on our course of reforms."

The proposed measures are necessary to gain EU and IMF aid, but have been met with fierce opposition inside Greece.

Greece witnessed some of the most violent protests in more than a year on Wednesday, as tens of thousands of activists and unionists gathered in Syntagma square in Athens, near parliament, while a further 20,000 demonstrated in Thessaloniki.

Meanwhile unions held a nationwide general strike - Greece's third this year.

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