By Laura Smith-Spark, CNN
Athens, Greece (CNN) — Greece’s cabinet voted Wednesday to
support Prime Minister George Papandreou‘s call for a referendum on the latest
bailout plan as soon as possible.
The vote was unanimous, though some of the ministers expressed criticism
prior to casting their votes, CNN affiliate Mega Channel reported.
It came hours before German Chancellor Angela Merkel, French President
Nicolas Sarkozy and senior figures from the International Monetary Fund and
European Union were to meet with Papandreou and his finance minister at an
emergency meeting in Cannes, France, ahead of the upcoming G-20 summit.
German and French markets rallied Wednesday after tumbling Tuesday on the
news of the referendum call, and London’s FTSE also closed slightly higher. The
Dow Jones Industrial Average index closed up 178 points (1.53%).
Papandreou is seeking public backing from the Greek people for last week’s
bailout deal, an accord that took months to craft.
But the move has created turmoil in domestic politics and angered his
A “no” vote could force Greece to abandon the euro and send shock waves
through the global financial system
full article at source: http://edition.cnn.com/2011/11/02/world/europe/greece-debt/
Did the greek government prevent a military take over???
Meanwhile, several senior military leaders in Greece have been replaced.
The Government Council for Foreign Affairs and Defense, which Papandreou
chairs, decided Tuesday on “sweeping changes in the armed forces’ leadership,”
the Athens News Agency reported.
The council replaced the general staff chiefs for the Greek Army, Navy and
Air Force, the news agency said.
Though the government said it was a long-planned, routine move