Greek Referendum Called Off

by Daniel Foster

As (seemingly premature) reports emerged that Greek PM George Papandreou’s resignation was imminent, the head of state announced that a planned referendum on the Euro bailout has been called off:

“The referendum was never an end in itself,” Papandreou said. “We had a dilemma – either true assent or a referendum. I said yesterday, if the assent were there, we would not need a referendum.”

Anyone follow that?

More here.

 

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