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bailout, greek prime minister
(Image from article: "Economist Papademos to lead Greece’s unity government")

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Merkel offers Greek PM no extra time on bailout

Greece Bailout

Angela Merkel reassured Greek Prime Minister Antonis Samaras on Friday that she wanted his country to stay in the euro zone, but gave no sign of ceding to his pleas for more time to meet the tough terms of Athens' international bailout.

 

Economist Papademos to lead Greece’s unity government

Economist Papademos to lead Greece’s unity government

Economist Lucas Papademos will be Greece’s next prime minister, the Greek president’s office announced Thursday, giving to a non-politician the job of passing an unpopular bailout plan before elections are held next year.

 

Greece Secures Second Bailout

Greece Secures Second Bailout

Greece has secured a second bailout from the European Union and the International Monetary Fund, and it too will be on the order of €110 billion, Prime Minister George Papandreou said.

 

Greek PM vows to stay, lead exit from debit crisis

Prime Minister George Papandreou has vowed to stay on and fight to pull his country out of a crippling debt crisis, facing down a revolt in his Socialist party over new but widely unpopular austerity measures....

 

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