Greek Prime Minister George Papandreou fended off calls for elections from opposition parties in parliament and appealed for support to push through austerity measures to secure additional funding and avert a “catastrophic” default.
“The country is at a critical crossroads,” Papandreou told parliament in Athens today, kicking off a three-day debate on a confidence motion in his new government. “It is in our hands to change the situation and that is our commitment.”