Papandreou between a rock and a hard place

Published on 5 September 2011 at 12:52

Cover

In spite of the sudden departure of the EU-IMF-ECB troika on 2 September, and the fact that Greece does not fulfill the conditions imposed for international aid, "Gov’t insists it is still in control," headlines the English version of Athens daily Kathimerini. However, “The lies are over. Greek Prime Minister George Papandreou has to choose between a rock and a hard place — "that is to say between "a red card from Greece’s foreign lenders" and "the old guard of PASOK," the socialist party that he currently leads.

"The EU and the IMF are asking for a clear sign that will demonstrate that Greece is doing everything it can to slash spending and this can be nothing less than mass sackings in the public sector," notes the newspaper, which points out that Papandreou may be forced to take on the core of his party "which, of course, could spell the end of his rule."

Receive the best of European journalism straight to your inbox every Thursday
Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic