Papandreou's victory means that the threat of the government collapsing has receded. Defeat would have meant immediate elections, and the real danger that the €8bn aid tranche would not be paid in time to avoid a default.
Instead, Papandreou is now cleared to carry on with the plan he outlined in his speech a couple of hours ago -- to visit the Greek president and start the process of creating a 'unity government'.
(Guardian)
