Greece's Papandreou to Form New Government
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Greek Prime Minister George Papandreou has said he will reshuffle his cabinet on Thursday as the chief looks to put pressure on so-called rebel lawmakers to support austerity measures.
Speaking to citizens on Greece's NET TV earlier, Papandreou said, "Our duty is to the nation, not to political parties. Tomorrow I will form a new government and immediately afterwards seek a vote of confidence in Parliament. It is a time for responsibility."
The decision comes as the EU waits to launch a $110 billion five-year aid plan for the troubled country. Details including specific budget cuts and asset sales are expected by the end of this month.
Speaking to citizens on Greece's NET TV earlier, Papandreou said, "Our duty is to the nation, not to political parties. Tomorrow I will form a new government and immediately afterwards seek a vote of confidence in Parliament. It is a time for responsibility."
The decision comes as the EU waits to launch a $110 billion five-year aid plan for the troubled country. Details including specific budget cuts and asset sales are expected by the end of this month.
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