Eurozone crisis: Merkel says Europe faces toughest hour since WW2 - live

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http://www.guardian.co.uk/business/blog/2011/nov/14/italy-mario-monti-eurozone-crisis

5.10pm: Will there ever be any let up in the Greek crisis?

Helena Smith reports from Athens that certain political party heads appear determined to put Lucas Papademos in his place, even before he gives his first policy speech tonight.

No one more so than Antonis Samaras, leader of the conservative New Democracy party, who has gone out of his way to stress how limited his support for the new national unity government will be.

Helena explains:

Addressing his MPs for the first time since he agreed to power-share in the three-party coalition, Samaras emphasised the "transitionary" nature of the interim administration and said New Democracy would not support any new austerity cuts that might arise when Athens thrashes out the finer details of a second bailout program with the EU and IMF in the coming weeks.

"This is not a coalition government," Samaras said in the much-anticipated speech. "It would only be a coalition if we had common policy goals. Our criticism of the policies followed by Papandreou government does not end here," insisted the politician who has vehemently opposed the "growth through austerity" remedies meted out for Greece. "We have committed to helping the transitional government but we don not commit to anything else," said Samaras who has persistently argued that the country's recession-plagued economy needs to be kick-started with lower taxes and more emphasis on development and growth.

[HopeHoops]

1. This is a case of "I DO NOT want any of what she's on".

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2. She didn't get the memo on the Brown Acid. Nt

[HopeHoops]

3. Damn.