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| Europe |
| Greece Selects Prime Minister After Days of Wrangling |
| 2011-11-11 |
| [NY Times] 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 ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... summit of Oct. 26 and the policies that are connected to this." |
| Posted by:Fred |
| #7 I think that Greece declaring bankruptcy would be better for them in the long run. there is no way they can pay back their debt, regardless how they got there. And shame on the EUniks for not having their countries adhere to fiscal responsibility standards that the EU set in the beginning. The EU is reaping what they sowed. |
| Posted by: Alaska Paul 2011-11-11 18:34 |
| #6 Regardless of Greece's severe economic problems and irresponsible fiscal behavior, Germany, et al, forced a sovereign nation to have their elected leader resign. Arm twisting a la 70 years ago, IMHO. If there were no Germany the Greek government would have folded and its leader resigned much much sooner than this. |
| Posted by: Thing From Snowy Mountain 2011-11-11 16:39 |
| #5 Which might not be a bad thing for the EUros. |
| Posted by: Pappy 2011-11-11 16:27 |
| #4 Alaska P., Greece just could say to EU "take your bailout and shove it". |
| Posted by: g(r)omgoru 2011-11-11 15:21 |
| #3 I Am getting sick of your immature country, Greece. Since when must the world cater to your irresponsibility and refusal to remove those pacifiers from your mouths? You too Italy. Get your affairs in order before you crash the world. Idiots |
| Posted by: newc 2011-11-11 15:13 |
| #2 Regardless of Greece's severe economic problems and irresponsible fiscal behavior, Germany, et al, forced a sovereign nation to have their elected leader resign. Arm twisting a la 70 years ago, IMHO. |
| Posted by: Alaska Paul 2011-11-11 11:16 |
| #1 "After Days of Wrangling" Rubbish. |
| Posted by: Bright Pebbles 2011-11-11 08:46 |