New Government, Same Problems

greece_0628

Divisions delay forming of new Greek gov., decision expected Wed.

Former Euro Central Bank deputy Lucas Papademos was likely new leader but facing opposition.

WSJ: “Without a mandate from anyone, it’s fair to ask whether any agreements they make are likely to be respected by whomever the Greeks elect the next time they’re given a chance. It’s not for nothing that “pandemonium” has Greek roots.”

Related Topics: debt, European Central Bank, george papandreou, Greece, Business, Economy, Foreign Policy, News, The Page

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