Bloomberg News

Papademos Has Votes to Win Confidence Motion; Voting Continues

November 16, 2011

Nov. 16 (Bloomberg) -- Greek Prime Minister Lucas Papademos garnered the support of at least 151 lawmakers in a confidence motion, enough for his government to win the vote, according to a tally of ballots in the parliament in Athens today.

The result, if confirmed, will give Papademos the mandate to push through budget measures necessary to secure financing designed to avert a collapse of the economy and keep Greece in the euro. The vote is being televised live on state-run Vouli TV and is continuing.

Three of the five parties in the legislature had backed Papademos’s appointment, representing more than 250 of the 300 seats.

To contact the editor responsible for this story: Rodney Jefferson at r.jefferson@bloomberg.net


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