Greek leaders were beginning a second day of talks and behind-the-scenes wrangling on Sunday to break a political deadlock.
Greece’s government has backed out of a proposed referendum on staying in the euro, while European leaders moot Greek exit from the eurozone currency.
The Greek government is on the verge of collapse as outrage over plans for a referendum on a eurozone bailout rips through the beleaguered country.
George Papandreou’s shock announcement that he will put Greece’s bailout to a referendum has threatened to intensify the eurozone crisis.
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/ 24 September 2011
European policymakers are quickening their preparations to cope with an escalation of the region’s debt crisis.
Greece’s government will approve its new austerity package on Wednesday after it survived a confidence vote.