- Associated Press - Thursday, June 16, 2011

ATHENS, Greece (AP) — Prime Minister George Papandreou on Thursday vowed to stay on and fight to pull his country out of a crippling debt crisis, facing down a revolt in his Socialist party over new but widely unpopular austerity measures.

Mr. Papandreou told lawmakers at an emergency party meeting that he would keep seeking a consensus with opposition parties over the financial reforms that creditors have demanded as part of an international bailout.

Mr. Papandreou admitted his government had displayed “mistakes and weaknesses,” but he promised a new, stronger Cabinet in a reshuffling.

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