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Papandreou Said to Offer to Quit in Favor of Forming Greek Unity Cabinet
Greek Prime Minister George Papandreou offered to step aside to permit the formation of a unity government, as long as all opposition parties agreed to cuts required by an international bailout, said a person with direct knowledge of the matter.
Papandreou’s bid, coming amid mounting opposition and defections among allies, countered a demand by the New Democracy opposition party that he quit and that a cross-party coalition renegotiate the terms of the rescue.
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