10:35 pm Nothing new. Live blogging is over… unless there would be some breakingthrough, of course.
07:45 pm Nothing new comes out – KTG is taking a shot/medium’long break, unless extraordinary developments happen….
07:15 pm Nothing new from the Greek front -[ Why do I have the feeling Samaras might … “slip away” form the coalition gov’t?] Greek media claim, some 20 Samaras’ MPs oppose the coalition. Hm….
06:51 pm EU Commissioner Olli Rehn: “We must have written commitments” [Or else…??? Forbid Greece to establish a new gov’t???]
06:41 pm Papandreou invited also ex-FM Dora Bakoyanni (4 seats) to join the gov’t. Yesterday Papandreou invited also far-right Karatzeferis (LAOS 11 seats) and offered him a place in the parliament but Karatzaferis refused. Rumors have it , Pap offered Karatz either the ministry of Justice or the office of “Alternate PM”. I bet it was the second option…
06:20 pmSamaras issued a statement about the Eurogroup commitment paper, saying “Why should I sign the paper, I gave my commitment verbally”. So there seems to be an issue about it ….
06:18 pm Panagiotios Roumeliotis will visit Papandreou soon. Roumeliotis is Greece’s repr at IMF. Officially he will brief Papandreou on “the views on the other side of the Atlantic.” However Roumeliotis’ name was discussed as PM-candidate last night.
06:14 pm At the next tone, the Prime Mininster will be….
06:02 pm Athens Stock Exchange closed at +2.44%, the General Index at 779.63 units.
I think Greeks should light a candle to Berlusconi for ‘making the difference’ today.
Felicita = Happiness Video
05:57 pm Pap-Sam talks blocked again on Commitment paper to Eurogroup? FinMin Venizelos has reportedly said, the paper must be submitted tonight. However Samaras seeks to clarify what he is asked to sign. “If the paper is on the outcome document of the OCt 26/27 Summit, there is no rpoblem. But if this is a written commitment that I sign to comply with all policies deemed necessary to implement this agreement, there is a problem because you can not commit to something you do not know” a ND source told economic news portal Capital.gr
05:30 pm Gov’t officials estimate there will be ‘developments’ during the day. Some minister shave submitted their resignations. Papandreou-Samars in continues contact (state NET TV).
05:27 pm All quite in Athens front [ I’m slowly falling asleep in front of my pc. Neither my wonderful white-bread & milk-chocolate sandwich helped me… ].
04:53 pm Karolos Papoulias left the Presidents’ Mansion – I assume he got bored awaiting the new gov’t announcement…
Time for refreshing exercise….
04:32 pm Also Greek news portals report that Pap-Sam agreed on Papademos and he agreed with them too. Now they negotiate on the written commitments to Eurogroup ( see 04:25 pm) [zzzz….]
04:30 pm All journalists show Lucas Papademos as new PM (state NET TV)
04:25 pm The Eurogroup is awaiting Gree’ce written commitments on the Oct 26th-agreement. According to news portal Zougla.gr, the papaer must contain the signatures of Papandreou, Samaras, Provopoulos (Bank of Greece), new PM and new Finance Minister.
04:22 pm No new Government yet! It looks as if they can’t decide on the PM’s name.
Keep Cool & Keep Checking KTG for Updates (I think, they all went for lunch or something…)
02:39 pm Government spokesman said Papandreou did not asked the minister’s resignation during the Cabinet meeting but told them to have them ready for when the time comes.
Papandreou told Ministers “Solution to come soon. Negotiations continue.” (Mega TV)
02:25 pm Cabinet meeting concluded – Papandreou allegedly asked the resignation of the ministers. Announcement of the new government… just a matter of time?
Nobody knows where Samaras went…. 🙁
01:59:02 pm Kaklamanis told state NET TV reporter there was no agreement on the person of the new PM.
o1:59 pm Samaras rushed out of ND headquarters, go in his car and left to an unknown direction …. #suspense
01:36 pm State NET TV reporter was quoting PASOK sources ‘no agreement on PM’s name’.
01:35 pm Papandreou returned to Cabinet meeting – He has a meeting now with ex Parliament speaking A. Kaklamanis. Everybody wonders…#weird
01:29 pm Cabinet meeting started at 1:22 – three minutes later Papandreou interrupted it and went to his office to speak on the phone
01:00 pm Cabinet meeting to start … soon. Ministers have taken place. Papandreou still in his office . What a thriller…
12:47 pm Greece sold €1.3 billion of 26-week treasury bills at an auction, according to the Greek Public Debt Management Agency. The yield was marginally higher at 4.89% against 2.86% a month ago. The initial amount of €1 billion was covered 2.91 times, while the amount includes a 30% non-competitive tranche. (source: capital.gr)
12:27 pm Athens Stock Exchange on the rise +2.01% – Do stock markets have better insider information?
12:23 pm Government sources deny Papandreou had a meeting with Papademos this morning
“A lot of calls could come your way today. Some involve people who live far away, some are from friends with heavy emotional difficulties, and one could come from a romantic partner with whom you’re very anxious to get together. You might hop in the car to meet this person somewhere familiar in your community. Don’t wear your voice out talking on the phone!” (from horoscope.com)
12:15 pm Negotiation problems? Stalemate? Resignation? Papandreou’s horoscope for today:
“Some bad experiences regarding career, family, travel, or education could have a friend, colleague, or love partner in an explosive mood today. This person could be unpredictable now – happy one minute and in the depths of gloom the next. Don’t try to give advice or cheer up him or her. It will only result in anger. Stay out of the way and let your friend work through it”
…. and for tomorrow:
“You might be in a whirlwind today, and there will be information buzzing around asking you to do this and go there. You’re the one most perfectly suited to deal with the tone of the day. Stay lively and upbeat. Don’t get stuck on any one thing. Keep the energy moving. The answer will be right there waiting for you.” (hm….)
12:09 pm Cabinet meeting to start soon. State TV NET reporters covering PASOK and NEa Dimokratia say, “no consensus on PM’s name yet”!
11:59 am Newspaper Proto Thema online reports that Papandreou is pushing Samaras to change his rigid position on the elections time. PM’s sources say, “the new government must be strong and be able to sign and implement agreements with its lenders.”
11:42 am On Monday, former Vice President of the European Development Bank, Panagiotis Gennimatas lashed against Loukas Papademos. Gennimatas said that the candidate Prime Minister must go through an investigative committee to explain the role of the Bank of Greece, “when over a decade and in full agreement with governments he was supplying false information to the European institutions, so that Greece could enter the monetary union (Eurozone). ( Zougla fm)
PS LucasPapademos joined the Bank of Greece in 1985 as Chief Economist, rising to Deputy Governor in 1993 and Governor in 1994. During his time as Governor of the national bank, Mr Papademos was involved in Greece’s transition from the drachma to the euro as its national currency (more on Papademos HERE )
11:36 am The Cabinet will meet at 12 o’ clock (High Noon…) If the new government won’t be announced before, it will be …after, Greek media speculate. Last night, Justice Minister Haris Kastanidis told a TV talk show, that Papandreou Cabinet will evaluate what he has agreed with Samaras.
11:20 am No new government has been announced yet. Greek media Shortly after 10.00 am on Tuesday morning there was a meeting between George Papandreou and Lucas Papademos. The former VP of ECB seems to have return as the alleged prime minister in the new Greek government. Last night Roumeliotis and Dimamantouros were excluded.Panagiotis Roumeliotis and Diamandouros.
12:13 pm Negotiation problems ? Stalemate? Papandreou’s horoscope for today: