Greek Government Stability Shaken as Party Withdraws

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Greek Prime Minister Antonis Samaras lost one of his two coalition partners over his closure of state broadcaster ERT, sparking concern about the government’s stability that sent bonds and shares sliding.

The Democratic Left party instructed its ministers to quit Samaras’s government, the party said in an e-mailed statement after a meeting of its lawmakers in Athens today. Fotis Kouvelis, Democratic Left’s leader, condemned Samaras yesterday for defying a court ruling to reopen ERT, which Samaras unilaterally shut on June 11.