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It's quite possible the referendum was just a ploy to begin with: Greece’s dilemma: A loss of sovereignty or penury?
Is the opposition leader now on board? He should be, as he has made it clear before he also did not want Greece to leave the Eurozone. Samaras was playing politics and it seems Papandreou called his bluff with a bigger bluff. Welcome to Greek politics.“I will be glad even if we don’t go to a referendum, which was never a purpose in itself," Mr. Papandreou said in the text of his talk to the cabinet, which was released to reports, according to Reuters. "I’m glad that all this discussion has at least brought a lot of people back to their senses. If the opposition comes to the table to back the bailout, a referendum is not needed."