Forget about the Referendum, looks like the Greek govt will collapse tonight

Discussion in 'Economics' started by Grandluxe, Nov 1, 2011.

  1. 2.56pm: The Financial Times is also reporting that the Greek government is wobbling ahead of this afternoon's cabinet meeting.

    From the FT's live blog:

    "Forget the referendum and even the vote of confidence. The government could crumble tonight," says one veteran socialist.

    That follows the call from six MPs for George Papandreou to step down as prime minister.

    1.53pm: The six MPs who have called for George Papandreou's resignation are currently holding talks with the parliament's president Fillipos Petsalinikos, Helena Smith reports from Athens.

    Rumour is rife that they, too, will break away from the ruling Pasok party and proclaim themselves independents which would rob Papandreou of a working majority in the 300-seat House.

    "It's all over. The government is about to collapse," said an official.

    What happens if the Greek govt collapses? No more referendum? What a shitshow.
  2. I think this is what happens: each MP offers him/herself for sale on a new government of public unity and they put up a new technical, non elected bunch of beaurocrats that take control. (= Germany rules over Greece.)
  3. maybe Merkel bribed those six Greek MP's