Greek PM Likely to Resign, Not That It Will Help 15.06K Max Read 11/06/11 10:01AM Filed to: Europe Europe Crisis Greece George Papandreou eurozone European Union Economy Greek Prime Minister George Papandreou, whose country is on the brink of default, will probably resign after a new coalition government is assembled. Will it save Europe from economic disaster? Probably not! But, what the hell, might as well try.