Prime Minister George Papandreou crucially agreed to step down, removing a key stumbling block which had held up an accord just hours before nervous financial markets reopen Monday with the euro in the line of fire.
"An agreement was reached to form a new government to immediately lead the country to elections after ratifying the decisions taken by the European Council," the Greek president's office said in a statement.
Read more: http://www.smh.com.au/business/world-business/pm-to-stand-down-in-deal-to-save-greece-20111107-1n2fp.html#ixzz1czrR70pe
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