This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/go/rss/int/news/-/news/world-europe-13787323
The article has changed 10 times. There is an RSS feed of changes available.
| Version 2 | Version 3 |
|---|---|
| Greek PM George Papandreou to unveil new cabinet | Greek PM George Papandreou to unveil new cabinet |
| (about 3 hours later) | |
| Greek Prime Minister George Papandreou is set to announce a new cabinet in a concessionary move as he seeks support for new austerity measures. | Greek Prime Minister George Papandreou is set to announce a new cabinet in a concessionary move as he seeks support for new austerity measures. |
| Mr Papandreou, who will stay in his post, says he will put the new government to a vote of confidence in the parliament. | Mr Papandreou, who will stay in his post, says he will put the new government to a vote of confidence in the parliament. |
| Renewed fears that Greece will default on its debt have shaken markets. | Renewed fears that Greece will default on its debt have shaken markets. |
| The proposed measures are necessary to gain EU and IMF aid, but have been met with fierce opposition in Greece. | The proposed measures are necessary to gain EU and IMF aid, but have been met with fierce opposition in Greece. |
| Athens witnessed some of the most violent protests in more than a year on Wednesday as demonstrators went on to the streets and took part in a general strike. | Athens witnessed some of the most violent protests in more than a year on Wednesday as demonstrators went on to the streets and took part in a general strike. |
| A confidence vote in the new cabinet is expected on Sunday, reports say. | |
| "The discussions on the vote of confidence will begin on Sunday evening and will be completed by midnight on Tuesday," a parliamentary aide, who declined to be named, told Reuters news agency. | |
| Mr Papandreou had also faced the threat of a revolt in his socialist Pasok party over the controversial package. | Mr Papandreou had also faced the threat of a revolt in his socialist Pasok party over the controversial package. |
| On Thursday, Greek government MP George Floridis resigned in protest at the austerity plan. | |
| Earlier this week, another Socialist MP defected, leaving the party to sit as an independent. | |
| Mr Floridis's resignation does not affect the government majority in parliament as his seat remains in Socialist hands. | |
| 'Road of duty' | 'Road of duty' |
| Mr Papandreou, who came to power in 2009, has not indicated the extent of his ministerial shuffle, but correspondents say it may include the replacement of Finance Minister George Papaconstantinou. | Mr Papandreou, who came to power in 2009, has not indicated the extent of his ministerial shuffle, but correspondents say it may include the replacement of Finance Minister George Papaconstantinou. |
| The BBC's Malcolm Brabant in Athens says economic analysts predict the post is likely to be filled by Lucas Papademos, a former vice-president of the European Central Bank. | |
| This would be met with approval from the IMF and EU, but whether it will satisfy members of parliament remains unclear, our correspondent says. | This would be met with approval from the IMF and EU, but whether it will satisfy members of parliament remains unclear, our correspondent says. |
| The government is seeking approval for a package of 28bn euros (£24.6bn; $40.5bn) of cuts, due to take effect from 2012 to 2015. | The government is seeking approval for a package of 28bn euros (£24.6bn; $40.5bn) of cuts, due to take effect from 2012 to 2015. |
| The policies are required for the release of the next tranche of aid - 12bn euros - from the EU and IMF. | The policies are required for the release of the next tranche of aid - 12bn euros - from the EU and IMF. |
| In an address on Wednesday, Mr Papandreou announced he would "continue on the same course". | In an address on Wednesday, Mr Papandreou announced he would "continue on the same course". |
| "This is the road of duty, together with Pasok's parliamentary group, its members, and the Greek people. | "This is the road of duty, together with Pasok's parliamentary group, its members, and the Greek people. |
| "Tomorrow I will form a new government, and then I will ask for a vote of confidence," he said. | "Tomorrow I will form a new government, and then I will ask for a vote of confidence," he said. |
| During talks, Mr Papandreou was said to have offered to step down to clinch a coalition, but later agreed to carry on. | During talks, Mr Papandreou was said to have offered to step down to clinch a coalition, but later agreed to carry on. |
| EU commissioners are said to have a "profound sense of foreboding" about Greece and the future of the eurozone, according to leaked account of a meeting on Wednesday seen by the BBC. | EU commissioners are said to have a "profound sense of foreboding" about Greece and the future of the eurozone, according to leaked account of a meeting on Wednesday seen by the BBC. |
| Greece's debt was downgraded by Standard & Poor's ratings agency earlier this week, making the debt the lowest-rated of the countrries it monitors. | Greece's debt was downgraded by Standard & Poor's ratings agency earlier this week, making the debt the lowest-rated of the countrries it monitors. |
| On Wednesday, tens of thousands of activists and unionists gathered in Syntagma square in Athens, near parliament. | On Wednesday, tens of thousands of activists and unionists gathered in Syntagma square in Athens, near parliament. |
| A further 20,000 people also demonstrated in Thessaloniki, police said. | A further 20,000 people also demonstrated in Thessaloniki, police said. |
| The general strike was the third in Greece this year. | The general strike was the third in Greece this year. |
| The events destabilised markets, with major indexes witnessing the biggest drop on Wednesday since 1 June, and the euro sliding more than 1% against the dollar. | The events destabilised markets, with major indexes witnessing the biggest drop on Wednesday since 1 June, and the euro sliding more than 1% against the dollar. |
| Yields on Greece's 10-year bonds reached a record high of 18.4%. | Yields on Greece's 10-year bonds reached a record high of 18.4%. |
| Are you in Greece? What is your reaction to Mr Papandreou's proposal? Have you taken part in or witnessed the clashes? Send us your comments using the form below. | Are you in Greece? What is your reaction to Mr Papandreou's proposal? Have you taken part in or witnessed the clashes? Send us your comments using the form below. |
| Send your pictures and videos to yourpics@bbc.co.uk or text them to 61124 (UK) or +44 7725 100 100 (International). If you have a large file you can upload here. | Send your pictures and videos to yourpics@bbc.co.uk or text them to 61124 (UK) or +44 7725 100 100 (International). If you have a large file you can upload here. |
| Read the terms and conditions | Read the terms and conditions |