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ATHENS: The Greek government teetered on the brink of collapse on Thursday over plans for a referendum on a euro zone bailout, with ruling party defections casting grave doubt on whether Prime Minister George Papandreou can survive a confidence vote.
"I don't think the government will last until tonight," said Costas Panagopoulos, Managing Director of pollsters ALCO.
Even Finance Minister Evangelos Venizelos broke ranks with Papandreou, coming out against holding the referendum after a bruising meeting with the German and French leaders who made clear Greece faced ejection from the euro zone if the nation rejected the 130 billion-euro rescue.
Another lawmaker of Prime Minister George Papandreou's socialist party PASOK said she would not support the government in a parliamentary vote of confidence on Friday, cutting its majority for the vote to just one. Snap elections would probably follow if Papandreou's majority vanished.