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‘It’s All Over, The Government is About to Collapse,’ said one Greek official

Wednesday, November 2, 2011 16:48
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Greece in meltdown: Government on edge of collapse amid fears of coup as Europe teeters on the brink of financial disaster


HERE By James White 2nd November 2011

In Greece yesterday, little was done to calm the nerves of politicians and financial markets as Athens announced extraordinary plans to sack its military leaders amid rampant speculation that it was trying to head off a coup d’etat.

‘It’s all over. The government is about to collapse,’ said one Greek official. Greece’s former deputy finance minister Petros Doukas agreed: ‘The **** has hit the fan.’

Greek ministers this morning voted unanimously for a referendum on the bailout deal to take place in December, backing the proposal made by Prime Minister George Papandreou as he fought to save his own skin.

He now faces a vote of confidence in the Greek parliament on Friday.

Their vote came at the end of a seven-hour emergency cabinet meeting, during which Mr Papandreou said: ‘The referendum will be a clear mandate and a clear message in and outside Greece on our European course and participation in the euro.

Fury of the people: Protesters demonstrate against planned austerity measures outside the Greek Parliament last night as the country's prime minister gained backing for a referendum on bail-out deal

Fury of the people: Protesters demonstrate against planned austerity measures outside the Greek Parliament last night as the country’s prime minister gained backing for a referendum on the bail-out deal

Think carefully: While there has been widespread anger at the austerity measures, the Greek public will have to weigh up the alternatives if they decide not to accept the European deal

Protesters in the Greek city of Thessaloniki carrying banners written in German, ‘One people, one Reich, one Euro’, paraphrasing a Nazi slogan and ‘No to a new (German) occupation. A Greek ‘wanted’ poster bearing the photos of PM George Papandreou and finance minister Evangelos Venizelos says ‘Wanted by the Greeks’

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