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Reuters: Papandreou to resign on Friday

4 November 2011

12:14 AM

4 November 2011

12:14 AM

Reuters is
reporting
tonight that the Greek Prime Minister has agreed to resign on Friday. The news agency says that at a meeting Cabinet colleagues told George Papandreou that he had to resign for the
good of the Socialist party and he agreed. It quotes one source saying, "He agreed to step down. It was very civilised, with no acrimony."

Now, after Thursday’s experience, I suspect we’re all taking reports about what will, or will not, happen in Greece with a pinch of salt. But it does seem that the referendum is off,
stymied in part by Merkel and Sarkozy, who have ridden roughshod over the idea of non-interference in another nation’s affairs. That is, I suppose, par for the course for the European
project. But one of the lessons of the past few days is that the politicians won’t be able to ignore their electorates for much longer.


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