Harvard Kennedy School Visiting Professor Lucas Papademos Named Greece’s New Prime Minister

By Jenny Li Fowler

Lucas Papademos, visiting professor of public policy, has been named prime minister of a new interim government in Greece charged with implementing new fiscal policies designed to keep the nation solvent. The announcement was made on Friday (November 10) in Athens following several days of political maneuvering.

"The course will not be easy,” Papademos was quoted in news reports. "But the problems, I’m convinced, will be solved. They will be solved faster, with a smaller cost and in an efficient way, if there is unity, agreement and prudence.”

Papademos served as the Vice-President of the European Central Bank from 2002 to 2010 and as Governor of the Bank of Greece from 1994 to 2002.

Greece Selects a Prime Minister After Days of Wrangling The New York Times — Lucas Papademos, a respected economist with an avuncular style, was named prime minister of Greece on Thursday.

He will head 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 onfull display. read more


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