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Thursday, November 3, 2011

Greece scraps plan for referendum



Greece scraps plan for referendum
George Papandreou, Greek prime minister, scrapped a controversial plan to hold a referendum on the heavily indebted country’s membership of the eurozone.

The U-turn by the embattled prime minister was announced during an emergency cabinet meeting, according to senior sources from the governing socialist Pasok party.

http://link.ft.com/r/OZMCDD/B5EY5B/PRJPK7/HYI8EG/30M453/6C/h?a1=2011&a2=11&a3=3

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