THE GOVERNMENT CRISIS IN GREECE AND THE EUROPEAN UNION FINANCIAL RESCUE PACKAGE.

The Greek government summoned its government cabinet members early morning today for an extra-ordinary meeting to announce the government crisis that required cabinet members reshuffle . However, two Greek government cabinet members have announced their intention to relinquish the government's mandate for further implementation of the austerity measures as required by the European Union Central bank and the IMF with the possible plans for resignition, instead of Prime Minister Papandreou plan, or rather the rumors for resignition, due to the government crisis. The European Union commission for the financial rescue package to Greece have allocated the sum of twelve billion euros ($12,000,000,000.00 euros)for release in the next month of July, despite the current government crisis in Greece and further release of the required amount would be completed in the month of September in the year 2011 to prevent the predicted currency crisis of the European Union currency the euro.