total jobs On EmploymentCrossing

1,470,605

new jobs this week On EmploymentCrossing

495

Employment News

After Surviving Vote, Papandreou Seeks to Shore Up Aid By chelsei  |  Dated: 11-05-2011

Fresh from winning a confidence, Prime Minister George Papandreou will attempt to shore up support for an international rescue after Greece’s main opposition party rejected his offer to try and form a new government.

At midday, Papandreou has scheduled to meet with President Karlos Papoulias to discuss his plans for a unity government after patching up a rift within his ruling Pasok party by offering to step down.

”We have to agree on common goals for a timetable and program even for the head of this government,” Papandrou told the lawmakers in the very early hours of this morning before winning his second confidence motion in six months. ”The scale of the task facing Greece exceeds the abilities of any one party.”

Papandreou’s offers tops of a tumultuous week that started with him securing him a second bailout from the European Union then roiling markets by one-sidely deciding to put the terms of that rescue to the Greek people in a vote. In order to secure agreement on the aid package before Greece runs out of funds next month, the premier must heal political divisions.

”Papandrou, by bringing things to a head, has basically, without expecting this to happen, sacrificed his own political career,” Sassan Ghahramani, who is the chief executive officer of SGH Marco Advisors, said on the Bloomberg’s Television show ”Street Smart.” ”The price for that has been that the opposition party is now willing to cooperate with a transitional government if it comes into place and show a more united front towards the EU and IMF.”

In the 300-memeber parliament voting, Papandreou won with 153 votes to 145, says Parliament Speaker Filippos Petsalnikos, in remarks carried live on state-run Vouli TV today.

The euro fell before the confidence vote as a meeting of the world’s top 20 leaders ended without agreement on how to support the continent’s indebted nations, and European stocks extended the biggest weekly slide in six.

”The country risks losing it’s autonomy, its level of life and the international context is becoming more stifling every day,” Venizelos said. ”Society must a last be able to breathe and on Monday, the country must be represented in a credible and reliable way at the Eurogroup.”

”The masks have fallen,” says Antonis Samaras, who is the head of the New Democracy party, in an emailed statement from his Athens-based office today. ”Papandreou has rejected all of out proposals. The responsibility he bears is huge. The only solution is elections.”

”In the eyes of Angela Merkel and Nicolas Sarkozy he doesn’t have much credibility left,” says Jacob Kirkengaard, who is a research fellow at the Peterson Institute for International Economics, in a Bloomberg TV interview. ”Greece needs to have a new face to the rest of the world.”

Career Connect  (From our other career blogs):

Testimonial of the Week

What I liked about the service is that it had such a comprehensive collection of jobs! I was using a number of sites previously and this took up so much time, but in joining EmploymentCrossing, I was able to stop going from site to site and was able to find everything I needed on EmploymentCrossing.
  • John Elstner Baltimore, MD
Sign Up now

Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

  • We have more jobs than any other job board.
  • We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
  • We collect jobs from more than 4,429,376 websites and post them on our site.
  • We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
EmploymentCrossing was helpful in getting me a job. Interview calls started flowing in from day one and I got my dream offer soon after.
Jeremy E - Greenville, NC
  • All we do is research jobs.
  • Our team of researchers, programmers, and analysts find you jobs from over 1,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"
Shoot for the moon. Even if you miss it, you will land among the stars.
TravelingCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
TravelingCrossing is the first job consolidation service in the employment industry to seek to include every job that exists in the world.
Copyright © 2025 TravelingCrossing - All rights reserved. 168