Indications are that Papandreou will step aside after winning the confidence vote late this evening in Athens. A caretaker government would pass the latest bailout deal and then call elections…
If that deal falls apart at the eleventh hour, all bets are off.
The vote is not expected until after the US markets have closed for the week in the wee hours of the morning in Athens.
UPDATE: The Euro is getting a lift on reports that the opposition is lining up to support Papandreou in the confidence vote.
