Lucas Papademos, a former central banker and European Central Bank (ECB) vice-president, was given yesterday the mandate to form a new government.
In statements upon his exit from the Presidential Mansion, Papademos said that the problems Greece was facing were huge, despite the efforts that have been made so far. "The country is at a critical crossroad," he said, adding that "the course ahead will not be easy but I am confident that the problems can be solved and they will be solved faster, at smaller cost and more efficiently if there is unity, cooperation and a prudent approach."
Papademos stressed that the new government would be "transitional" and that its chief goal would be "the implementation of the decisions of the October EU summit and the policies connected to that." The priority, he said, is for Greece to remain in the Eurozone. "I am convinced that Greece’s continued participation in the Eurozone is a guarantee for its stability," he noted. The members of the new government are expected to be announced this morning and the government will be sworn later today. A vote of confidence to the new government is expected to take place in Parliament early next week.
source:http://www.greeknewsagenda.gr
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