Saturday, November 12, 2011

Saving Greece: Can New PM Lucas Papademos Handle Europe's Worst Job?

Prime Minister of Greece may be the worst job in Europe, but Lucas Papademos took it anyway. The bespectacled economist who was sworn in on Friday, alongside a new Cabinet tasked with implementing a landmark bailout deal that everyone hopes will save the country — not to mention the entire euro zone.
The new unity government includes ministers from the cabinet of the center-left PASOK party, namely Finance Minister Evangelos Venizelos. The main opposition conservatives, New Democracy, are also represented as is a smaller right-wing party called LAOS, or the Popular Orthodox Rally. Left-wing parties refused to join coalition talks or join the cabinet.
Time