Greek Referendum on Bailout Called Off
The plan to hold a referendum on the $178 billion European bailout package has been scrapped, according to Greek officials speaking with The Associated Press.
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Whether it's front-runner Lucas Papademos or another leading contender, the next prime minister of Greece's soon-to-be-formed unity government will have a mountain of problems to tackle starting on day one.
The plan to hold a referendum on the $178 billion European bailout package has been scrapped, according to Greek officials speaking with The Associated Press.
The stunning decision by Greece Prime Minister George Papandreou to hold a referendum on the $178 billion European bailout package has laid bare the miserable economic options the country has in front of it.
Prime Minister George Papandreou survived a confidence vote
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