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New Greek government wins confidence vote

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The new Greek coalition government led by Lucas Papademos won a confidence vote in parliament on Wednesday.

The new Greek coalition government led by Lucas Papademos won a confidence vote in parliament on Wednesday.

 

The government is comprised of the country’s two leading parties - the leftist Pasok and the center right New Democracy, as well as the small far-right Laos party.

 

Papademos has said his priority is ratifying the EU 130 billion euro bailout package, and imposing austerity measures that have provoked massive protests across the country.

 

"Dealing with Greece's problems will be more difficult if Greece is not a member of the eurozone," Papademos told MPs before the vote.

 

He said earlier Greece must present written guarantees that it will comply with the EU’s demands for it to comply with the terms of the bailout package.

Papademos took office over the weekend following the resignation of Prime Minister George Papandreou. He stepped down after he called for a referendum on further domestic spending cuts, but later backtracked amid protests from Brussels.

 

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