Greece

Papademos swears in as PM

After a week of turmoil in the greece the new interim government is sworn into office with Prime minister Papademos. Papademos will lead a coalition until elections, which are expected to be held in February. The new coalition government, formed on Friday, includes ministers from the country’s two main parties - the Socialists who have governed for the past two years, and the conservatives, as well as from a smaller right-wing party. Among those included in the cabinet is Evangelos Venizelos, retaining the key position of finance minister.

This change in government will hopefully be the needed change that the greeks need to finalize agreements on the eurozone debt crissis and to finally begin to fit into the European Uninon(EU) style of a single tier of states.

Realist

http://www.bbc.co.uk/news/world-europe-15691697

http://www.aljazeera.com/news/europe/2011/11/2011111152058362786.html

November 11, 2011 at 10:36 am