November 8, 2011
Greek political leaders failed to wrap up coalition talks as planned on Tuesday night, raising fears the deal could start to unravel after two missed deadlines.
The country’s president had been set to appoint a new cross-party government headed by Lucas Papademos, a former vice-president of the European Central Bank who previously served as Greece’s own central bank governor.
George Papandreou, the outgoing prime minister, was supposed to announce his resignation at the same time, according to an official from his PanHellenic Socialist Movement.
“There’s radio silence from our side, let’s see what happens in the morning,” said a senior socialist. The government spokesman could not be reached for comment.
An official from the conservative New Democracy party said:”Contacts seem to be over for today.” He added that there were “no indications” that Mr Papademos had pulled out of the discussions.
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