Greece Names Lucas Papademos Its New Prime Minister | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Greece Names Lucas Papademos Its New Prime Minister

Lucas Papademos, a former vice president at the European Central Bank, was named Greece's new prime minister. George Papandreou, the former prime minister, was pressured to resign earlier this week amid an all-out European Union crisis.

In a stament, the country's president said Papademos' chief role will be to ensure swift passage of the terms of the European Union bailout.

The New York Times reports:

After months of domestic protests and building pressure from the European Union, Prime Minister George Papandreou agreed on Sunday to step down once a new coalition government had been formed. But the talks dragged on, apparently hostage to political maneuvering by all sides.

Mr. Papademos, however, is seen as outside the old-boy networks of Greek politics — a technocrat, perhaps able to take Greece on a new path.

Mr. Papandreou went on national television on Wednesday evening to announce that a new interim government had been formed.

The Guardian reports that Papademos also addressed the Greek public, highlighting his economic credentials.

"I am not a politician but I have dedicated the biggest part of my career to economics," he said according to The Guardian.

If you remember, Greece's former prime minister sent world markets into turmoil when he announced he would let the Greek public decide whether to accept the terms of the European Union bailout. Papandreou eventually walked back that plan, but in the meantime he lost the support of his own party and of his eurozone partners.

Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Meet The 2014 Winners Of The MacArthur 'Genius Grants'

This year's winners include a cartoonist, a documentarian, a leader in the legal fight for gay marriage, a saxophonist, mathematicians and scientists, poets, lawyers and advocates.
NPR

Edible Packaging? Retailers Not Quite Ready To Ditch The Wrapper

To reduce waste, some enterprising companies are trying to roll out products that make the package part of the snack — edible packaging. But selling it to the retail market is trickier than it seems.
WAMU 88.5

Senator's Legislation Would Strip NFL Of Nonprofit Status

The Redskins' refusal to change its name has prompted the legislation from U.S. Sen. Maria Cantwell (D-WA).
NPR

Edible Packaging? Retailers Not Quite Ready To Ditch The Wrapper

To reduce waste, some enterprising companies are trying to roll out products that make the package part of the snack — edible packaging. But selling it to the retail market is trickier than it seems.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.