Greece Selects Prime Minister After Days of Wrangling

[bemildred]

Source: NYT

ATHENS — Lucas Papademos, a respected economist with an avuncular style, was named prime minister of Greece on Thursday. He will lead a unity government that has pledged to quickly approve the tough terms of a European aid package and save the country from bankruptcy.

The choice of Mr. Papademos, a former vice president of the European Central Bank, came after four days of tense negotiations that put Greece’s feuding political parties on full display.

A written statement issued by the office of President Karolos Papoulias was read on television in the afternoon confirming Mr. Papademos’s appointment and adding that the “chief role of the new interim administration will be the implementation of the decisions of the European Union summit of Oct. 26 and the policies that are connected to this.”

Mr. Papademos made a brief appearance shortly after the announcement. He said Greece still faced dire problems. But he struck an optimistic note.

Read more: http://www.nytimes.com/2011/11/11/world/europe/greek-leaders-resume-talks-on-interim-government.html

[PoliticAverse]

1. Former Ceneral Bank vice president in charge of the country - what could go wrong ? n/t

[Roland99]

7. nobody can foresee anything going wrong!

[Harmony Blue]

2. I don't think this will end well

Papandreou knows that when everything collapses the people will want vengeance, so he wisely stepped out of the way.

[tcaudilllg]

5. Good point.

Now maybe this guy will hang himself a la the Koch Bros. Seems like the best way to organize for change is against one single lightning rod who is too arrogant to get out of the way...

[Harmony Blue]

6. This guy is being set up

I don't feel sorry for someone that can accept this job knowing the health risks involved.

[dipsydoodle]

3. After Days of Wrangling ?

So did a horse win ? :shrug:

[muriel_volestrangler]

4. A mathematician, I think (nt)