Wed November 2, 2011
Greek Referendum Plan Sends Sarkozy Scrambling
Just a day before a meeting of the world's top 20 economies in France, Greece stunned the world by announcing it would put a hard-won bailout package agreed upon by Eurozone nations to the test in a popular referendum. The news went down like a lead balloon in European capitals and sent the markets reeling. French President Nicolas Sarkozy, host of the G20, is scrambling to repair the damage, summoning Greek Prime Minister George Papandreou to France.