Greece has new Prime Minister

Greece has new Prime Minister
Thursday, November 10, 2011 - 11:04am

Greece has a new Prime Minister. Former Vice President of the European Central Bank Lucas Papademos was appointed as Prime Minister after days of talks on forming a coalition government.

The 64 year old senior banker will lead a coalition expected to operate until elections are held in February. The government, backed by the ruling socialists and opposition conservatives, will try to approve a new bailout deal. Papademos replaces outgoing Prime Minister George Papandreou.

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