Papandreou takes big gamble with future, and loses

 
By DEREK GATOPOULOS | Published: November 4, 2011    Comment on this article Leave a comment

George Papandreou is used to getting his way.

The scion of Greece's leading political dynasty, he has been comfortable with power from an early age. His father and grandfather were both prime ministers, towering figures in postwar Greece, and like them, he has honed the art of the political gamble.

His call for a referendum on Greece's rescue package may have been one gamble too far.

Papandreou on Thursday was forced into a humiliating about-face after returning from the G-20 summit in France to face a mutiny in his own Cabinet over the announcement some have likened to a game of chicken.

Outwardly professorial, Papandreou has shared the intransigence of his late father, Andreas, and grandfather, also named George.

He's also something of a paradox — the quintessential insider haunted by a sense of being an outsider.

His childhood in St. Paul, Minn., where his father taught at a university, won him the nickname “George the American.” He studied at Amherst College and Harvard. During rallies, protesters have chanted “George, Go Home!”

Page 1 of 2






Leave a Comment

Thank you for joining our conversation on NewsOK.com. We encourage your discussion but ask that you stay within the bounds of our commenting and posting policy. Please help by flagging comments that violate these guidelines. Posts that contain obscene or vulgar language will be immediately flagged and not posted.

If you prefer your thoughts to appear in The Oklahoman, we encourage you to submit a letter to the editor.

Would you like to leave a comment?

Log in or sign up (it's free).

comments powered by Disqus


Buy Stocks for $4
No Account or Investment Minimums. ING DIRECT Investing - $50 Bonus.
www.sharebuilder.com/ingdirect
Mom is 53 But Looks 25
53yr Old Mom publishes 1 simple wrinkle trick that has angered doctors.
www.ConsumerLifestyleMag.com

Business Photo Galleriesview all