Greek Prime Minister Cancels Referendum on Austerity Plan
Submitted on November 4, 2011
By Peter Schwarz - 4 November 2011
Greek Prime Minister George Papandreou has canceled his plan for a referendum on the decisions of the October 26 European Union summit...Papandreou retreated from his proposed referendum under massive pressure from German Chancellor Angela Merkel and French President Nicolas Sarkozy...Merkel and Sarkozy made clear to Papandreou that they will not tolerate any interference of the Greek people in the austerity measures dictated by the [European Union].
