The imminent vote on Greek austerity really could be the TARP vote all over again (though the eventual US debt ceiling vote may take drama to a whole new level).
Greek PM Papandreou managed to survive his confidence vote, with every one of his PASOK party members voting for him, allowing to skate by with a razor thin majority.
That majority is already deteriorating a little.
According to Kathimerini, one PASOK politician -- Alexandros Athanasiadis -- has said he will vote against the austerity bill (which needs to pass for the country to get aid).
That brings the majority down to a 4-vote margin. Others have opposed the bill as well, but none others have come out against it.
Please follow Money Game on Twitter and Facebook.
Join the conversation about this story »
See Also:
- Why The Divide In Greek Politics Is Looking Very American
- Spanish Central Bank Chief Is The Latest To Say A Greek Debt Restructuring Would Be A "Disaster"
- Goldman's Quick Take On Greece: A March Toward A Managed Deleveraging
Generated by BlogIt
BlogIt - Auto Blogging Software for YOU!
