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Yemen ‘unity’ government sworn in

Yemen’s national unity government, headed by the opposition, was sworn in Saturday to lead a three-month transition period until early polls are held and President Ali Abdullah Saleh formally steps down. The official Saba news agency said the swearing-in ceremony took place at the Republican Palace in the capital Sanaa…

New Greek PM says implementing EU accords ‘main task’

Greece’s new prime minister said Monday the main task of hisinterim government was to implement EU agreements on a debt rescue package, warning that the country’s participation in theeurozone was at stake. “The main task of this government as agreed by political leaders under the president is to carry out the decisions of the…

New Greek government offers no austerity relief

ATHENS (Reuters) – Greece’s new cabinet may last a month or two longer than planned, a senior government official said on Saturday, but whatever happens Greeks should not expect any relief from the tough austerity measures they have endured for two years. A national unity government, led by technocrat Prime…

Italian lawmakers back reforms before Berlusconi exit

Italian lawmakers gave initial approval to a reform package aimed at staving off bankruptcy on Friday, easing market tensions on the eve of Prime Minister Silvio Berlusconi’s expected resignation. The measures — promised by Berlusconi at a European Unionsummit last month — include state asset sell-offs, incentives to hire workers and moves…

Ex-banker Papademos to lead Greek crisis coalition

ATHENS (Reuters) – Former European Central Bank vice-president Lucas Papademos will head Greece’s new crisis coalition, the president’s office said on Thursday, ending suspense over who will try to save the country from default, bankruptcy and an exit from the euro zone. The coalition will be sworn in at 1200…

U.S. says Yemen’s Saleh should sign deal to quit

WASHINGTON — The United States called Wednesday on Yemen’s President Ali Abdullah Saleh to sign without delay a deal for him to quit, rejecting his call for international guarantees on a timetable. The embattled leader said earlier Wednesday that he was willing to sign a deal brokered by the six-nation…

ElBaradei proposes national unity government in Egypt

WASHINGTON — Leading Egyptian dissident Mohamed ElBaradei proposed Thursday that a three-person national unity government succeed President Hosni Mubarak and his deputy, and steer Egypt to democracy. In an interview with Foreign Policy Magazine, ElBaradei said the US-backed transition process led by Vice President Omar Suleiman will fail to take…

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