Eurozone

No Decision on Greek Succession

Parliament speaker tipped to be new leader.

Greece will have to wait for a new prime minister after plans for George Papandreou to officially resign were postponed. Talks between party leaders and the Greek president will resume tomorrow. In a televised address, Papandreou reiterated his intention to resign and wished his successor luck, but he didn't say who exactly that successor will be. Other party members tell Reuters that Greece’s new prime minister will likely be Filippos Petsalnikos, the current speaker of Parliament and a veteran socialist. "We have agreed on Petsalnikos, but things can change between now and when the prime minister sees the president," said a source involved in the discussions. Greek citizens and international lenders have been watching nervously as the two parties fought over who will lead the government through the deeply unpopular austerity program.