Patt Morrison for November 4, 2011

Greeks prepare for confidence vote

Greece Faces Economic Collapse As Parties Dispute EU Finance Package

Vladimir Rys/Getty Images

A parliamentary guard stands to attention beside the Tomb of the Unknown Soldier, in front of the Greek Parliament on Syntagma Square on November 3, 2011 in Athens, Greece.

Greek parliament prepares to deliver a verdict on Prime Minister George Papandreou in a confidence vote at midnight local time tonight.

With many demanding a national unity government to decide the fate of the nation's European bailout and the global economy, most are predicting the outcome too tight to forecast. Others think Papandreou might just survive. That’s only if would-be rebels in his party back their leader one last time, which they’ve said they will if he makes way for a national unity government for the country, which will run out of money in December unless it secures the new financial lifeline.

WEIGH IN:

What’s at stake and how are the Greeks reacting?

Guest:

Simon Kennedy, Bloomberg News reporter


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