Greek PM steps down for unity government

Greek Prime Minister George Papandreou on Sunday agreed to step down and political leaders will meet tomorrow to form a new unity government to end the political crisis, the presidents office said.The deal was reached after a meeting lasting nearly two hours between Papandreou, main opposition leader Antonis Samaras and President Carolos Papoulias, the Greek head of state.An agreement was reached to form a new government to immediately lead the country to elections after ratifying the decisions taken by the European Council on October 26, the presidents office said in a statement.This is a reference to a hard-fought EU deal reducing Greeces monster debt by nearly a third that had been placed in jeopardy by the political uncertainty in Athens, with European leaders threatening to withhold loan funds shielding the country from a looming bankruptcy.Prime Minister George Papandreou has already stated that he will not lead the new government, the presidents statement added.Tomorrow there will be a new communication between the prime minister and the head of the opposition on the new prime minister and the new government.Tomorrow the president will hold a meeting between political leaders, it added.The Communist party immediately announced they would boycott Mondays talks.