The European Movement, November EU Round Up
1. Greece's two mainstream political parties agreed on a pact for a unity government after intense pressure from the EU, which warned the country would be left to go bankrupt if a cross-part consensus was not achieved. 2. Germany has rejected demands by France, Britain and the US to allow national gold reserves to be put as collateral for the eurozone bailout fund. 3. A two-day meeting in the south of France of the world's most powerful leaders drew to a close with few concrete agreements, leaving EU leaders no wiser on how to control their single currency crisis. 4. Italy agreed to be put under surveillance by the International Monetary Fund (IMF) as part of a plan to restore market trust in the eurozone's third-largest economy. 5. Greek PM George Papandreou stepped down, and was replaced by a former vice-president of the ECB. A referendum on the new bail-out deal for Greece has been shelved. 6. A former EU commissioner Mario Monti (a senator for life) was installed as prime minister of Italy after right-win
