Greek Leaders Have Formed a New GovernmentJune 20, 2012 @ 8:04 AM EST
Europe Update: Greece Has a Government
The AP is reporting that according to socialist party head Evangelos Venizelos, Greece has reached an agreement for a coalition government.
There had been numerous reports earlier that Greece was moving closer to the formation of a 3-party coalition which would include New Democracy, Pasok and the Democratic Left.
Venizelos says details are still under discussion and that the ministers of the new government would be finalized by tonight.
Bloomberg is reporting that Antonis Samaras will be sworn in a PM today.
Venizelos said that the new Greek government will for a team to renegotiate the EU/IMF bailout plan and that the upcoming EU Summit will likely be the battleground for negotiations.
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Other stories on Europe to review:
Eurozone ZEW Index Continues to Decline
German ZEW Index Slides in June
Greek Voters Support Euro and Bailout
Spain Downgraded at Moody's
Eurozone Industrial Production Declines
Spanish Banks To Get 100 Billion Bailout
ECB Leaves Rates Unchanged; Keeps Hope for Action Alive
Germany's Industrial Production Falls
Eurozone Services PMI Show Contraction Continues
- Is Germany Softening Stance on Eurobonds?
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