Greece struggles to agree on new premier

GREEK party leaders are struggling to agree on a new prime minister, despite EU demands that the political class commit itself to the nation’s financial salvation and end the chaos threatening the entire euro project.

Yesterday came and went without any accord on who will lead a new national unity coalition, despite talk that a former vice president of the European Central Bank, Lucas Papademos, would get the job. The cabinet is due to hold an emergency session today, and officials said negotiations were under way on the 100-day coalition that must win parliamentary approval for a Eurozone bailout.

Frustration was apparent in Brussels where officials said the government had to show it was serious about promises Athens has made to the EU and IMF in return for the €130bn bailout.