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Greece: PM’s Name & New Gov’t to be Announced Tuesday, Nov 8

10:30 pm “There has been a positive approach on the new PM’s name” Papandreou-Samaras said in a jointed statement issued late on Monday night. Greek media report that the Cabinet will meet on Tuesday at 12 o’ clock noon. Reporters interpret this as that the Papandreou government will officially resign after the Cabinet meeting. Should this scenario come true, the name of PM and the new gov’t will be announced before 12 o clock.

Before you get angry about the Greek delays, Read our latest post: New Government? “These Greeks are Crazy”….

09:30 pm A PASOK source told state TV NET reporter, the name of the new prime Minister and the new government will be announced tomorrow, Tuesday, November 8. The source said further that Papandreou and Samaras agreed on the name of the new PM [and that the new PM ha

08:45 pm Also the name of Panagiotis Roumeliotis, academic, Economist, is on the table. It looks as if Papandreou-Samars want a technocrat to serve as PM.

 08:30 pm PASOK says 70% name of the new PM will be made public tonight. 30% Tomorrow…

08:00 pm Loukas Papadimos is off the table for the office of the Prime Minister in the new Greek unity government. Papandreou and Samaras objected Papadimos’s request ‘not to fix the date for early elections but leave it open. Papandreou-Samaras agreed on early elections on February 12, 2012. Greek media claim Papadimos wanted the unity government to be in power for at least six months and/or the elections to take place in June 2012.

Now the name of Nikiforos Diamantouros, academic and Ombudsman of the European Union since 2003.

Earlier we reported:

Officials from PASOK and Nea Dimokratia  spent the last hours over the negotiation table after the agreement beteween George Papandreou and Antonis Samaras on a coalition government.  According to latest reports:

– Papadreou-Samaras are expected to agree on the name of the new PM in the early afternoon.

– The name of Loukas Papadimos, ex vice president of the European Central Bank is heard as the most possible for the Prime Minister’s office. After incredible political developments, it looks as if a technocrat will lead the new government in Greece. However it is claimed that Papadimos wants to be PM for a period of at least 6 months. PASOK/ND agreed on elections on Febr 19, 2012. Papadimos is favored by Greece’s lenders. Of course.

Loukas Papadimos

– Papandreou and his cabinet will resign as soon as the agreement on the PM and the ministers has been reached. Most likely this evening.

-The new government is expected to take an oath tomorrow Tuesday and vote of confidence next Friday, midnight.

-PASOK has 153 seats in the Parliament and Nea Dimokratia 85, i.e. together they have 238 seats, a strong majority to pass any bills and loan agreements through the parliament.

– Elections are scheduled to take place on February 19th, 2012.

-Greek Communist Party (KKE), with 21 seats the 3rd strongest party at the Greek Parliament, will lead the opposition.

-It looks unlikely that any third party will join the new government.

-ND wants replacement of the ministers of Interior, Justice, Citizens’ protection and Defence. Finance Minister Venizelos is claimed to keep his office.

4:12 pm

Nothing excited or official has happened until this hour.

-It looks as if Nea Dimokratia does not want to appoint ‘ND political personalities’ in Ministries with “Memorandum character” in order to keep the losses at a minimum level. Apparently this means that ND doesn’t want to have her own ‘top politicians’ get ‘burnt’ by a new gov’t pariticpation. Then at the end of this new government , there will be elections.

It is the first time in my life that I see a government agreeing in a coalition but behaving hesitant to appoint its own ministers!!! A tactic something like “I take part but not 100%”? Or will voters turn a blind eye to ND’s participation and approvla of new austerity measures?

 -Some Greek media claim, Loukas Papadimas will arrive in Athens at 5 pm. He will join the meetings of ND and PASOK.

– George Papandreou is still the PM of Greece.

As the political turmoil seems to settle down, it’s time to start complaining again about the economic misery and the strict austerity. 🙂 🙂 🙂 Then in our reality nothing changed 🙁 🙁 🙁

**** To Be Continued…..  Check out for Occasional Updates***


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