Britannia Radio

EU gives Greece 24 hours to reach coalition deal

ATHENS/PARIS – The EU gave Greece 24 hours on Sunday to explain how it will form a unity government to enact a bailout agreement, and Prime Minister George Papandreou said he did not want to lead it, the closest he has come to meeting opposition calls to go.
http://business.financialpost.com/2011/11/06/papandreou-to-resign-when-coalition-deal-made-lawmaker/

Papandreou, Samaras Agree to Create National Unity Government for Greece

Greek Prime Minister George Papandreou agreed to step down as premier to allow the creation of a national unity government that will secure international financing for the country and avert a default.
http://www.bloomberg.com/news/2011-11-05/papandreou-s-unity-government-bid-hits-resistance-as-crisis-talks-begin.html

Eurozone ministers begin frantic search to fill shortfall in bailout fund

Eurozone finance ministers will on Monday night begin a frantic search for new sources of capital to boost the area's main bailout fund to €1 trillion after the US and emerging powers refused to commit fresh funds at the G20 summit last week.
With financial markets braced for another day of volatility, the embattled finance ministers will also put pressure on their counterparts in Greece and Italy to take the measures necessary to ensure the survival of the eurozone.
http://www.guardian.co.uk/business/2011/nov/06/debt-crisis-europeanbanks?newsfeed=true

Threat of Removing Greece From Eurozone Has Opened Pandora’s Box Says Mor

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http://www.active-investor.com/threat-of-removing-greece-from-eurozone-has-opened-pandora%E2%80%99s-box-says-morgan-stanley-2603

£500m bonuses for 'casino' bankers at RBS... despite collapse in profits

http://www.dailymail.co.uk/news/article-2058354/500m-bonuses-casino-bankers-RBS--despite-collapse-profits.html?ito=feeds-newsxml