Greece swears in Papademos as new prime minister
Lucas Papademos, an economist and former vice president of the ECB, will lead Greece's unity government.
November 11th, 2011
09:25 AM ET

Greece swears in Papademos as new prime minister

Greece's Parliament formally swore in economist Lucas Papademos Friday as the head of a new unity government as the nation seeks to regain political and financial stability after weeks of uncertainty.

Papademos, a former banker and European Central Bank vice president, becomes the country's interim prime minister after several days of political wrangling.

Papademos pledged the new government's chief task will be to implement a bailout package and austerity measures agreed to with European leaders last month.

It is hoped that the national unity government will restore political stability in Greece after several weeks of turmoil that have unnerved global financial markets. Papademos, who helped usher Greece into the euro in 2001, replaces outgoing Prime Minister George Papandreou, who resigned over his handling of the crisis.

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soundoff (8 Responses)
  1. banasy©

    An economist as a Prime minister is a good beginning.
    We need more people like that in our Congress.
    An economist beholden to nobody but the best interests of everybody.

    November 11, 2011 at 12:28 pm | Report abuse |
  2. bobcat ( in a hat )

    @banasy

    That's just a pipe dream for us. The people who go into congress now are looking at nothing but dollar signs and benefits for themselves.

    November 11, 2011 at 12:37 pm | Report abuse |
  3. Shocker312

    The bailout package huh? U mean like when I ask the loan shark for some money?

    November 11, 2011 at 4:49 pm | Report abuse |
  4. banasy©

    @bc(iah): word.

    November 11, 2011 at 11:52 pm | Report abuse |
  5. Avser Bastian

    WHITES ARE NOT WELCOME IN AMERICA ANY LONGER !!! WE DON'T NEED YOU ANY MORE !!!

    OUT OF AMERICA WITH WHITES NOW !!!

    [youtube=https://www.youtube.com/watch?v=_xGfYOAydjw&w=640&h=360]
    OR
    http://www.youtube.com/user/BostjanAvsec <== OBAMA'S HEALTH CARE RECORDED LIVE IN 2009 !!! These are hard facts about lunatic Obama/Bush's twilight zone administrations(HORROR) or genocide against whites per ZIONIST Washington DC and communist Moscow where new SOVIET UNION NUMBER TWO WANNA BE or new Stalin is in place = PUTIN !!!

    EXILING WHITES WITH EXTREME PREJUDICE AND IMPORTING NON WHITES IMMIGRATION REQUIREMENTS COMPLETELY FREE.

    THIS NEWS IS RELATED TO WALL-STREET PROTESTS...NOT ANTI WALL-STREET, BUT ANTI WHITES !!!

    ANTI WALL-STREET PROTESTS ARE ALSO KNOWN UNDER ZIONIST "TRANSFER OF OWNERSHIP" IN AMERICA !!! TRANSFER OF OWNERSHIP FROM HANDS OF WHITE AMERICANS TO SO CALLED "MINORITIES"(COMMUNISM)

    Wall street protesters are Obama's raise of the planet Apes army which spread from London per Zionist Washington DC and communist Moscow where Mr. SOVIET UNION NUMBER TWO or new Stalin is in place = PUTIN

    ANTI WALL-STREET PROTEST MOVEMENT IS LED BY SO CALLED "ANONYMOUS" !!

    Anonymous !!? REALLY !!?

    NOW TELL ME WHO IS ANONYMOUS IN A POLICE STATE WHERE WE ARE SURVEILLANCED 24/7 !!? WHO !!?

    NOBODY !!! ABSOLUTELY NOBODY IS ANONYMOUS IN A POLICE STATE AND NOR ARE THOSE WHO MADE YOU PROTEST FOR THEIR SAKE OR WHAT MULTICULTURALISM(animal Apartheid) IS !!! http://multiculturalismisterrorism.blogspot.com

    GREEK CRISES !!! We are all Greece...find out who wants to burn not only what is Greece, but is burning our countries for over 66 years now !!! http://burnbabyburnahaha.blogspot.com

    November 12, 2011 at 4:56 pm | Report abuse |
  6. Avser Bastian

    ARIZONA = UTOYA(there was no shooting either in NORWAY OR ARIZONA, but instead governmental "afterlife" flash and cash mob ONLY; however, bombing was real) - WHO/WHY//HOW CREATED SCHOOL SHOOTINGS(Arizona incl.) - HAARP AUSTRALIAN FLOODS(Incl. deliberately busted oil pipe in gulf of Mexico) – WIKILEAKS is CIA(truth about Anti-Wall-Street protests) !!! – BREAST FEEDING INSANITY PROTESTS(insanity frenzy) – FACEBOOK or CIABOOTH !!? – NWO MULTICULTURALISM SWINE/PIG FLUE SYNDROME – NEWS/MEDIA OR SIMPLY BIG FAT VACUUM WORLD OF LIES/DEMENTIA(nothing else than police) !!? – THE REAL DON'T ASK DON'T TELL, BUT DIE !!! – OBAMINATOR'S FREE HEALTH CARE PLANE or GENOCIDE BASED ON FORGIVE AND FORGET – WAR ON TERROR or WAR AGAINST YOU !!? – HUMAN FLASH EATING MACHINE – UNITED NATION'S Chef Ban Ki-moon or CHINESE BAN KEY MONKEY IN CRIME AGAINST WHITE HUMANITY !!? – PARLIAMENTARIANS or SICK BIPOLAR CRIMINAL DISTORTIONISTS !!? – COMMUNISM IN EASTERN and HEART OF EUROPE TODAY IN 2011(learn about ongoing genocide against Germans since WWII) – NEW WORLD ORDER POLITICAL PARTIES(not there for you, but instead to seal your faith for their own parliament pay$$ scale !!!) – EURO DIC TRAITORS vs DICTATORS; WHAT IS WORSE !!? – LEARN WHAT DO LIBYA AND EUROPE OR USA HAVE IN-COMMON !!! and sooo much more !!!

    VISIT ALL NEW "OBAMA = STALIN = BUSH and USA = SOVIET UNION" AT http://stateofterror.blogspot.com/ OR http://avsecbostjan.blogspot.com/ TO LEARN EVERYTHING ABOUT WHO RUINED YOU, WHY, AND HOW !!!

    WHERE NEWS IS TRUTH AND NOT 66 YEARS OLD LIE ATOP OF OTHER LIES !!!

    November 12, 2011 at 5:44 pm | Report abuse |
  7. anti-greece

    the greeks are mining europe as they are not leaving europe and the euro and they only receive rescue money. They should leave so europe so the rest of europe will advance without them, build their own politics and currency to really see if they can function by themselves

    November 13, 2011 at 4:37 am | Report abuse |
  8. Andreas Moser

    Good luck!

    November 13, 2011 at 10:58 am | Report abuse |