Chaos In Europe As G20 Members Voice Frustration Over Greece's Changing Positions On It's Debt Deal

Greek Farce! PM Calls Off Referendum And Refuses To Quit In Eurozone Fiasco -- Daily Mail

* George Papandreou's fate will be decided by no-confidence vote in Greek Parliament tomorrow

* Greece finance minister breaks ranks with Papandreou
* Country could face enforced bankruptcy and ejection from the euro
* China refuses to invest in euro stability fund until situation is resolved

The Greek eurozone bailout fiasco descended into total farce this afternoon as Prime Minister George Papandreou apparently called off his plans for a referendum.

After an emergency Cabinet meeting, Papandreou also announced that he had no intention of resigning, leaving his fate to tomorrow's no confidence vote.

The remarkable about turn left some commentators claiming it had all been a ploy to get the Opposition to support the euro bailout.

It is believed his Pasok party will now speak to with the main Opposition party, New Democracy, to hammer out a deal to take the country forward.

Read more ....

More News On Europe's Debt Crisis

Debt crisis: live -- The Telegraph
Debt Crisis: Live -- The Guardian
Live: Greek eurozone crisis -- BBC
Eurozone crisis: live blog -- Financial Times

Greek PM scraps referendum on Greek debt plan -- AP
Greek PM on brink, world tells Europe to fix crisis -- Reuters
Greek PM ready to drop referendum -- AFP
Greek Prime Minister Scraps Plan To Put European Debt Deal To Referendum, Officials Say -- New York Daily News/AP
Reports: Greece to scrap bailout referendum -- USA Today
Greek PM says open to scrapping referendum plan -- Reuters
Reports: Greek PM Refuses to Resign, Drops Referendum Plans -- Voice of America
Greece Backs Away from Referendum Plans -- Spiegel online