November 4th, 2011
03:31 PM GMT
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Athens (CNN) – Relax. The Greeks have it sorted and the euro will live to fight another day.
 
With just hours to go before we know if George Papandreou will survive as Greek prime minister, it's becoming likely deals are being hashed out behind the scenes amongst parliamentarians, the government and the opposition party.
 
What's not clear is if he will survive the confidence vote, but I don't
think it matters. Some sort of government will be cobbled together and it will have to push the latest austerity package through the parliament in the coming weeks. Greece has no choice.
 
People I have talked on the streets tell me they want the euro. The younger the person the more adamant they are - they say they deserve to be in the euro and this debacle is the fault of the politicians.
 
The Greek people aren't "lazy" one woman asked me to pass on to viewers. But what is also clear is that Athenians feel humiliated about all that has happened over the past 18 months.
 
So, now, vote for him or vote against him, it appears the Papandreou
government is on its last legs. Surely, the same is not the case for Greece
and the euro.

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Filed under: BusinessGreece


November 4th, 2011
02:45 AM GMT
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Editor's note: As world leaders gather in Cannes for the G-20 summit, CNN's Diana Magnay and Phil Han are traveling around Europe this week to talk to European youths about the economic crisis.

Marseille, France (CNN) – All week, Diana Magnay and I have been crisscrossing our way across parts of Europe to gauge how young people have been reacting to the eurozone crisis, but today, something quite unexpected happen.

We had driven some five and a half hours from Milan through torrential rain and high winds to finally make it to Marseille in the south of France for our next pit stop. All morning we were keeping on top of the latest coming out of Greece over rumors that the Prime Minister might call it quits, but nothing concrete had emerged.

Both us went ahead with the plan to hold our third social media town hall at the EuroMed Management campus with several young people who would share their frustrations, angst and anger. FULL POST



November 4th, 2011
12:42 AM GMT
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(CNN) - Have you ever been to an event where you felt out of place?

You toy with the option of going home. Cocoa and slippers suddenly regain their appeal.

Then again, you might get some benefit from staying: you might meet someone interesting – your knight in shining armor.

When you do finally head for the door it turns out to be locked and your only alternative is creeping out of the window (hopefully unnoticed).

That is the situation Greece is facing today. FULL POST



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