Greek PM announces activation of EU/IMF aid package (Reuters)

ATHENS (Reuters) - Greek Prime Minister George Papandreou on Friday asked for the activation of an EU/IMF aid package aimed at pulling the euro zone member out of a debt crisis.

It's the end of the line for Greek Prime Minister George Papandreou.In a cabinet revolt led by his finance minister, Papandreou was ordered to "leave calmly in order to save his party". He obliged, having no real choice in the matter because otherwise he would have been ousted in a vote of confidence.He may survive the vote, but it will do him no good as part of the agreement.Please consider Greek PM ready to go, dump referendum, for euro deal

George Soros believes someone in the euro zone needs to step up and confront Germany. Maybe even new Italian Prime Minister Enrico Letta.