Greek PM says anti-bailout ministers must go

ATHENS Fri Feb 10, 2012 5:19pm EST

ATHENS (Reuters) - Greece must do whatever it takes to approve a bailout deal and avoid catastrophe, Greek Prime Minister Lucas Papademos said Friday, adding that cabinet members who disagree have no place in the government.

"We cannot allow Greece to go bankrupt," Papademos told a cabinet meeting. "Our priority is to do whatever it takes to approve the new economic program and proceed with the new loan agreement."

"It goes without saying that whoever disagrees and does not vote for the new program cannot remain in the government."

(Reporting by Dina Kyriakidou and Harry Papachristou; Writing by Ingrid Melander)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.