Tag Archives: Lucas Papademos

This is something that even his closed aides didn’t know. Lucas Papademos does not receive any salary for serving Greeks as their prime minister. According to daily TA NEA, Papademos made this revelation when a relevant question came by a German journalist. Unfortunately the Greek daily does not give any further …

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 In his very first interview since he took office, Greece’s Prime Minister Lucas Papademos talked about the challenges the country faces and categorically rejected an exit from the euro zone and return to drachma. Speaking to US-network CNBC, Papademos  said he was confident that the country would avoid a default …

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 Ops! It seems I have missed this important news. Greek Prime Minister Lucas Papademos has warned us that the country may face an uncontrolled default in March should we be unable to sign a second bailout agreement with our lenders, the esteemed members of the International Monetary Fund and our …

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Greek Prime Minister Lucas Papademos giving account for the work of the first months since the new three-party government came into power, seems content about the achievements. In his blog (!), Lucas Papademos writes that within these 20 days, the broader bipartisan government, which creates conditions of a national cooperation government, …

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Greece’s Prime Minister Lucas Papademos is heading to Brussels on Monday for a two-day trip and crucial talks on the sixth aid tranche of €8 billion. The sixth aid tranche will top the agenda of Papademos with EU Commission president Jose Manuel Barroso, the European Council president Herman van Rompuy …

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Greek PM Lucas Papademos’ meeting with Charles Dallara, managing director of Institute of International Finance (IIF) concluded on Wednesday night in Athens.  Greek media report, the two men discussed the restructuring of the debt and the participation of private investors. I am sure, the two men spoke a common language …

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Greece’s new Prime Minister Lucas Papademos received the confidence vote at the Greek Parliament on Wednesday afternoon with  255 YES and 38 NO out of 293 voters in a Parliament of 300. Two PASOK deputies and one from Nea Dimokratia voted NO.. All left parties voted NO to the new Greek …

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01:00 pm Oath of new Greek Gov’t postponed from 2 pm to 4 pm. Kind of ‘little’ problems in the composition of the new Cabinet. Three hours before the new Greek government takes oath and the staff of PASOK (Socialists), Nea Dimokratia (Conservative) and LAOS (far-right) add and delete names on …

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Lucas Papademos has been officially assigned by President Karolos Papoulias to form the new interim transition/national unity government that is expected to take Greece out of a major political crisis caused by the country’s debt crisis and EU, IMF and ECB-prescribed austerity measures. Greek media claim that “EU leaders and Greece’s …

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