Papademos now has until early elections, likely to be held some time in February, to put Greece back on track to economic health. His first priority will be that of ensuring parliamentary approval for the €130 billion ($177 billion) EU bailout package for his country and the planned 50 percent slashing of Greek debt. European Union officials have made that approval a condition for receipt of the next €8 billion tranche of the first bailout package assembled for Greece back in early 2010.Should be interesting.
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