Report: Greek Prime Minister Agrees To Step Down

Thursday, November 3, 2011 Report: Greek Prime Minister Agrees To Step Down ATHENS/CANNES, France (Reuters) - Intense European pressure forced debt-stricken Greece to seek political consensus on a new bailout plan instead of holding a referendum after EU leaders raised the prospect of a Greek exit from the euro to preserve the single currency. Fast-moving events in Athens overshadowed the first day of a summit of the Group of 20 major economies on the French Riviera on Thursday, with anxious world leaders urging Europe to act to stop contagion from its sovereign debt crisis. Greek Prime Minister George Papandreou bowed to cabinet rebels and agreed to step down and make way for a negotiated coalition government if his Socialists back him in a confidence vote on Friday, government sources told Reuters. Staggering Number Join Credit Unions Since BofA's Debit Fee Controversy Public Sector Losing Jobs At Same Rate Private Sector Adding Them MF Global Under Investigation WATCH: Occupy Wall Street's New Storage Facility BLOG POSTS Peter Worthington: Greece Is Just the First to Fall Let 'em go. Let 'em make their own way until they change their minds and rejoin the club and adhere to existing rules. If that means another recession, or even a depression, better now than at some time in the future when damage will be even greater. Hillary St. Pierre: Insider Tips to Avoid Medical Bankruptcy Medical-related debt does not go against your credit rating! Breathe a sigh of relief if you are hoping to purchase a car or home. Your medical information is protected by law. Lynn-Ann Gries: Women Entrepreneurs: It's Your Time Women entrepreneurs haven't received their share of investment. So, why should we care? Because female-led startups that receive the same level of investment as those led by men could add 6 million jobs to the economy within five years, one study found. Dr. Khalid Alnowaiser: When Will We See Another Steve Jobs? With the recent passing of the most important visionary and technology innovator of our lifetime, Steve Jobs, I am left with this question: Why can't the Islamic world produce a person as brilliant and generous as Steve Jobs? Curtis Arnold: Credit Cards With Chips: Are the Urban Legends True? It's no surprise that urban legends and myths have proliferated about the new EMV chip credit cards. Here are a few of the most common, along with our opinion as to their veracity.

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