Breaking News from Greece
FRANKFURT (MarketWatch) -- Greek Prime Minister George Papandreou has
called an emergency cabinet meeting for later Tuesday afternoon in an
effort to contain a revolt in his ruling PASOK party, Dow Jones
Newswires reported. Six senior officials of Papandreou's party called
for his replacement earlier in the day.
Milena Apostolaki, a parliamentary deputy, left the party's
parliamentary group on Tuesday, shrinking Papandreou's majority to just
two seats. Another PASOK deputy, Eva Kaili, called for a national unity
government, but said it shouldn't be headed by Papandreou, the report
said. The moves come after Papandreou on Monday announced the latest
euro-zone rescue plan for Greece will be put to a referendum, expected
in January. Papandreou also faces a parliametnary confidence vote later
this week.