Greek parliament votes in favor of new Papandreou cabinet as debt crisis deepens
Thursday, June 23, 2011 Greek Prime Minister George Papandreou survived a confidence vote by the Greek parliament late Tuesday night, thus allowing Papandreou to form a new cabinet constituted to address Greece’s severe financial debt crisis. The vote’s outcome is viewed as a measure of confidence in the government’s ability to resolve the problems of the deeply-indebted nation and implement the stringent austerity measures necessary for Greece to receive future bailout packages from the European…