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Greek PM softens referendum stance

2011-11-04 11 Dailymotion

Back home and facing the music - Greek Prime Minister George Papandreou addresses parliament.<br/> He's backed away from his calls for a referendum on the country's bailout package.<br/> He's says it may not be necessary if the opposition agrees to back the deal in parliament.<br/> It comes as France and Germany have said that saving the euro is more important to them than saving Greece.<br/> Earlier, Greek MPs met for an emergency cabinet meeting amid talk the government was on the verge of collapse.<br/> A minister who took part in the meeting said Prime Minister George Papandreou has no plans to resign, as he awaited the outcome of talks with the opposition.<br/> Another MP urged caution.<br/> (SOUNDBITE) (Greek) CIVIL PROTECTION MINISTER CHRISTOS PAPOUTSIS, SAYING:<br/> "These are crucial hours for Greece. It is vital to keep calm and act responsibly."<br/> But on the streets of Athens and elsewhere, there are growing calls for Papandreou to stand down.<br/> (SOUNDBITE) (Greek) CIVIL SERVANT VASILIS YIAKOUMIS, SAYING:<br/> "He should resign. This situation cannot go on anymore. He has lost all trustworthiness, whether for political issues or for any other issue. Greece is sinking, it is a ship that is sinking and there is no captain. Nothing is working."<br/> Papandreou will himself be the subject of a confidence vote on Friday.<br/> Kirsty Basset, Reuters.

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