Greece's prime minister to quit in deal to salvage bailout package

Greek Prime Minister George Papandreou will be stepping down from his position, on the condition, that the "controversial" 130 billion euro deal is implemented. The opposing Democratic party, along with Papandreou decided to meet in order to create a new government for the failing state. This would be a move closer to help Greece, but is far from solvent. This would be the second bailout they are receiving which comes with its own implications. This has caused a great detriment to the Greek people, but fingers are crossed as a new government is being formed, hopefully, in the direction Greece needs to go.

Pooja Sahai

http://www.cnn.com/2011/11/06/world/europe/greece-main/index.html?hpt=wo_c1