Feature: Papademos to seek to avoid Greek collapse

The new Greek government led by Lucas Papademos, former vice president of the European Central Bank, faces the task of securing funds to avert the country’s economic collapse.

11th November, 2011
Lucas Papademos (centre)

The new Greek government led by Lucas Papademos, former vice president of the European Central Bank, faces the task of securing funds to avert the country’s economic collapse.

The new government will be sworn in today at 2 pm.

"I am not a politician but I have dedicated the biggest part of my professional life to economic policy both in Greece and Europe,” Papademos told reporters after being named.

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