home *** CD-ROM | disk | FTP | other *** search
/ TIME: Almanac 1993 / TIME Almanac 1993.iso / time / 071089 / 07108900.019 < prev    next >
Encoding:
Text File  |  1992-09-23  |  1.1 KB  |  22 lines

  1.                                                                                 WORLD, Page 41World NotesGREECEThree Months And Counting
  2.  
  3.  
  4.     After nine days of trying to form a coalition to end the
  5. parliamentary stalemate that followed Greece's elections on
  6. June 18, both hospitalized caretaker Prime Minister Andreas
  7. Papandreou and conservative leader Constantine Mitsotakis
  8. dropped their insistence on being appointed head of the new
  9. government. At that, Communist Party chief Harilaos Florakis,
  10. leader of the Alliance of the Left and Progress, which holds the
  11. balance of power between the two rivals, announced that he would
  12. support a three-month government with Mitsotakis' New Democracy
  13. Party.
  14.  
  15.     The main task of the new administration, to be headed by
  16. veteran New Democracy parliamentarian Tzannis Tzannetakis, will
  17. be the investigation and punishment of senior officials involved
  18. in a web of financial scandals, including the alleged
  19. embezzlement of some $210 million from the Bank of Crete. Once
  20. that is achieved, new elections will be scheduled.
  21.  
  22.