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Updated x 8: Greek Government close to collapse

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Following yesterday's announcement of a referendum on the latest bailout/surrender of sovereignty by Greek PM George Papandreou, discussed here on dailykos, political developments have been swift.

Already one PASOK MP has resigned from the governing parliamentary group, reducing the majority to two in the 300 seat chamber and others resignations are said to imminent. Additionally, the leader of the opposition, Antonis Samaras has threatened to have all of his MPs resign from parliament, forcing snap elections.

Samaras is planning to meet with his MPs on Wednesday amid speculation that he will ask his entire Parliamentary group to resign, a move that would effectively lead to the dissolution of Parliament and a call to general elections.

That's all for now, will update as events unfold.


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