Greek Prime Minister George Papandreou Resigns. KehlBayern November 6, 2011 News Image via Libcom.org Embattled Greek Prime Minister George Papandreou has announced he will resign as soon as the composition of a unity government is decided according to multiple sources. To read more of Demagaga’s ongoing coverage of the Greek Bailout Crisis: Eurozone Leaders Prepare for Papandreou’s Departure. Papandreou Comes from Greek Political Dynasty. Greek Prime Minister Survives Confidence Vote. The Conundrum of the Eurozone.