george papandreou

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Just breaking now: After a weekend of negotiations, it’s being reported that there’s a deal in place for a national unity government in Greece.

According to Dow Jones, PM George Papandreou has emerged from a meeting with opposition leaders Samaras.

They agreed that Papandreou will step down and a new national unity government/PM will be named tomorrow.

In more good news for European stability (for the meantime) the government will call for new elections after the latest bailout deal is implemented.

The name of the new PM has not yet been revealed.

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