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Greek PM George Papandreou has said he is ready to step down. Photo by BGNES
Greek PM George Papandreou might resign before the end of Sunday, as coalition talks among parties have been hurried to form a new cabinet.
Thursday Papandreou agreed to resign when parliamentary parties reach an agreement on the composition of an interim cabinet to implement the second international rescue plan for Greece.
Sunday both the opposition New Democracy and the PM's own PASOK have renewed calls for him to step down.
Meanwhile Sunday evening a PASOK representative has stated that talks have achieved progess and a resolution is imminent.
The New Democracy party, headed by Andonis Samaras, has this far been rejecting the option of a coalition cabinet, and has been calling for early elections instead.
The events were precipitated by an announcement on Papandreou's part that he was going to initiate a referendum on the Greek debt rescue plan, as austerity measures have been met with persistent popular protest.
The option of a referendum send shockwaves of doubt about the outcome of the financial crisis in Greece and was met with strong displeasure by EU leaders.
The European Union has agreed on a major overhaul of its steel import regime, effectively doubling tariffs in an effort to protect domestic producers from what officials describe as a growing wave of low-cost foreign, particularly Chinese, exports
Hungary’s incoming prime minister Péter Magyar has signaled that his government will not obstruct the European Union’s €90 billion loan for Ukraine, while making clear that Budapest itself will not participate in the mechanism
A group of Members of the European Parliament has raised concerns over the potential leakage of confidential EU information to Russia, urging stronger safeguards within the European Parliament
The European Public Prosecutor’s Office (EPPO) has carried out a series of coordinated investigative actions across several countries, including Bulgaria and Romania, as part of a probe into suspected large-scale fraud involving EU funds
The caretaker government has approved a decision endorsing the Partnership Agreement between the European Union and its Member States and the Mercosur bloc
A criminal network linked to Bulgaria has been accused of defrauding dozens of elderly people in northern Greece through an elaborate telephone scam that resulted in losses exceeding 600,000 euros, according to Kathimerini.
EU countries will each have to secure guarantees worth billions of euros for the loan to Ukraine funded by frozen Russian assets, Politico’s Brussels edition reports.
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
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