The New York Times
Thursday, November 3, 2011 -- 12:46 PM EDT
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Greek Prime Minister Calls Off Referendum on Bailout Plan
Saying that the plan had served its purpose by creating a broader national consensus behind the European Union debt relief deal for his country, Prime Minister George Papandreou of Greece said on Thursday that he was calling off a controversial plan to hold a national referendum on the deal.
The announcement followed word earlier in the day from the leader of Greece's main opposition party that he would reverse course and back the debt deal, which imposes new austerity measures on Greece, saying it was unavoidable. Mr. Papandreou still faces a confidence vote in the Greek Parliament on Friday.
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http://www.nytimes.com/2011/11/04/world/europe/greek-leaders-split-on-euro-referendum.html?emc=na
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