It's been confirmed
the Greek Prime Minister's proposed referendum on the latest EU bailout
will go ahead. George Papandreou's call shocked EU leaders, and sparked
chaos on world markets. It even came as a shock to Greeks themselves,
with pro-bailout MP's calling for his immediate resignation. The PM is
now due to fly to the G20 meeting in Cannes to explain his actions to
German Chancellor Angela Merkel and French President Nicolas Sarkozy,
the chief sponsors of Greece's financial life-support machine. Anthony
Wile is the founder and editor-in-chief of
http://thedailybell.com welcomes the possible Eurozone collapse.
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