by Kostis Papadimitriou
Mon Nov 7th, 2011 at 04:49:20 AM EST
The third ox has fallen down. Today Papandreou will resign and an interim technocrat government will be announced in order to sign the October 26 agreement.
A center-right (actually outright right) government will take power in Greece after the general election scheduled for February. It is done deal that the New Democracy conservative party will win and form a governemnt alone or with the far right LAOS.
That follows suit with Ireland and Portugal (and it is about to happen in Spain).
See The four oxen and the lion (June 6th, 2011)