June 15 (Bloomberg) -- Greek Prime Minister George Papandreou offered to step aside to permit the formation of a unity government, as long as all opposition parties agreed to cuts required by an international bailout, said a person with direct knowledge of the matter.
Papandreou’s bid, coming amid mounting opposition and defections among allies, countered a demand by the New Democracy opposition party that he quit and that a cross-party coalition renegotiate the terms of the rescue.
--Editors: James Hertling, Andrew Davis
To contact the reporters on this story: Maria Petrakis at firstname.lastname@example.org; Natalie Weeks in Athens at email@example.com
To contact the editors responsible for this story: James Hertling at firstname.lastname@example.org