Greek PM Papandreou resigns, wishes well to successor

Greece’s two main parties reached an agreement to form an interim coalition government to secure a new €130 billion ($177 billion) debt deal and keep the country in the euro, the outgoing prime minister said Wednesday.

“Today the main political forces are joining together, to guarantee to Greece’s citizens that in the following months we will do whatever is necessary not only to secure the country’s position in the euro and implement the (debt deal) decisions … but also to make use of its great benefits,” Papandreou said in a televised address.

He then headed to a meeting with President Karolos Papoulias, where he was expected to formally resign — half way through his four-year term. Papandreou wished the next prime minister well, but gave no indication of who it would be.

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