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The Week Ahead - Week of November 6, 2011
The week draws to a close with a vote of confidence pending in the Greek parliament around 6 pm EDT/midnight Athens time. In the worst case scenario, if the vote fails, the ruling PASOK party would be forced to engage the opposition New Democrat Party in negotiations to form a coalition government. If the parties are unable to reach agreement, which is not at all certain, snap elections would ensue in three weeks’ time under Greek law, leaving the country without a government to formally accept the terms of the EU/IMF bailout package agreed to on Oct. 26. (Possibly a caretaker/national unity government could be ... (full story)