Greek PM announces new government
Greek Prime Minister George Papandreou has confirmed a new interim government will seek to defend Greece’s debt deal and the country’s place in the euro.
Speaking in a live televised address shortly before meeting Greece’s president, where he was broadly expected to formally resign, Mr Papandreou wished the next prime minister well.
The speaker of the Greek parliament is to be the country's new prime minister.
Filippos Petsalnikos will head the country's new unity coalition government until fresh elections next February.
Mr Petsalnikos will oversee a €130bn bailout for the country.
The statement came after three days of intense power-sharing negotiations between his Socialists and the opposition conservatives, led by Antonis Samaras.
