GREEK PM PAPANDREOU TO STEP DOWN
Greece's Prime Minister George Papandreou is set to step down for good, after the formation of a new coalition government, which aims to rescue the country from bankruptcy.
After meeting with Papandreou and main opposition leader,President of Greece has announced that Papandreou will not be leading the new government.
Under the pressure from European leaders, Greece will need to explain how it will form a unity government, to enact its 130 billion euro emergency funding deal.
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