Friday, November 11, 2011

Greece: New Prime Minister, Old Problems

Public frustration and anger had centered so much on George Papandreou that his departure is sure to elicit some relief. But the lengthy and, at times, comical process of selecting Loukas Papademos as his successor should dispel any notion that there is any consensus among the political elite. The problems that made Papandreou fail have not gone away - much has changed and much has remained the same.



Greek Default Watch