Papandreou Says Bailout Referendum to Confirm Greece in Euro
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Greek Prime Minister George Papandreou stuck to plans to hold a referendum on Europe’s rescue package to confirm the nation’s membership of the euro amid signs his government may collapse.
“The referendum will be a clear mandate and strong message within and outside Greece on our European course and our participation in the euro,” Papandreou told his ministers in Athens early today, according to an e-mailed transcript. It will “ensure this course in the most decisive way.” The Cabinet voted unanimously to endorse the plan.