THE embattled euro fell to under $1.26 today, a near two year low.This was after the former Greek prime minister warned...
GREECE was plunged into further turmoil last night as a third attempt to forge a coalition government collapsed, leaving...
FROM the monetary fortress of the European Central Bank to the pro-European duchy of Luxembourg, policy makers are beginning...
Daniel Radcliffe's starring role in the 'Harry Potter' films earned him £54m (€65.5m) and a lead role in the Young Rich...
Greece is to hold an early general election on May 6.Prime minister Lucas Papademos confirmed that he would formally request...
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Pessimism over Europe's financial situation grew after former Greek Prime Minister Lucas Papademos said overnight that his country was considering making preparations to leave the eurozone, they said. The weighted index closed down 127.14 points, or... Full Article at China Post
The group agreed that each euro-zone country should prepare an individual plan to deal with the potential consequences of a Greek exit. Reports are that the last two prime ministers of Greece both took a leaf out of Hank Paulson's financial playbook... Full Article at Stock Markets Review
CHICAGO, IL - MAY 20: Greek Prime Minister Lucas Papademos (L) makes way for German Chancellor Angela Merkel before posing for a group photo at the NATO summit on May 20, 2012 at McCormick Place in Chicago, Illinois. As sixty heads of state converge for... View Photo »
In a few days we shall hand over the baton to the new government that will emerge from the elections on Sunday
Les dirigeants européens n'ont "pas eu de discussion" à ce sujet lors du sommet de Bruxelles, a insisté le premier ministre grec, Panagiotis Pikrammenos, à l'issue du dîner. C'est pourtant son prédécesseur Lucas Papademos qui avait allumé la mèche en... Full Article at The Huffington Post
The bid for safety found market participant's flock to all the likely places with German debt yields falling to records lows in a testament to the sort fear and trepidation in the market place. Fears escalated Tuesday after former Greek PM Lucas... Full Article at International Business Times
The depreciation follows the former Greek Premier Lucas Papademos’ remarks on the potential of Greece’s departure from the euro. "The risk of Greece leaving the euro is real and it depends effectively on whether the Greek people will support the... Full Article at Press TV
Newly appointed caretaker Prime Minister Panagiotis Pikrammenos (R) is welcomed by outgoing Prime Minister Lucas Papademos at the Premier's office in Athens on May 16, 2012. Greece put a senior judge in charge of an emergency government to lead it to... View Photo »
Lucas Papademos was called in under a emergency situation for a tough task which he accomplished.
YORK: The euro hit its lowest point against the dollar since July 2010 on Wednesday ahead of a European union summit aimed at dealing with the threat that Greece could exit the eurozone. A day after former Greek Prime Minister Lucas Papademos warned... Full Article at Channel News Asia
Greeks must be rational and protect themselves from decisions that they will live to regret. Leaving the euro is not the answer to their problems.” So said former ECB member Lorenzo Bini Smaghi and he’s right. Even the former Greek prime minister, Lucas... Full Article at Business Spectator
The sour news carried over into today, and the broad markets opened with a heavy sell-off, with the Dow Jones Industrials (INDEX: ^DJI) trading down just shy of 1.5%. However, just as Papademos' comments startled the markets, rumors came out of Europe... Full Article at AOL News
Lucas Demetrios Papademos (Greek: Λουκάς Παπαδήμος; born 11 October 1947 in Athens), is the current Vice President of the European Central Bank. Full Article At Wikipedia.org
In a few days we shall hand over the baton to the new government that will emerge from the elections on Sunday
Lucas Papademos was called in under a emergency situation for a tough task which he accomplished.
Greece's strategic course will be determined in these elections, its future for the coming decades
Greek Prime Minister Lucas Papademos urged Greeks to choose the path that secures their role in the European Union and its single-currency zone when they vote in elections May 6. 'I am certain that as a society we will invest in creativity, and not the opposite,' Papademos said... 'That means choosing t...
The main mission of the government is complete
Greek Prime Minister Lucas Papademos urged Greeks to choose the path that secures their role in the European Union and its single-currency zone when they vote in elections May 6. 'I am certain that as a society we will invest in creativity, and not the opposite,' Papademos said... 'That means choosing t...
The large majority of the Greek people recognise the many substantial, long term benefits and advantages of a European Union and the euro for our country
Following a decision by Prime Minister Lucas Papademos, Filippos Sachinidis is appointed Finance Minister
Recapitalisation is a necessary prerequisite to securely finance the real economy and in particular small-and medium-sized enterprises ... It is also a necessary precondition for reinforcing trust in our bank system.
Neil Henry thought a Cabinet reshuffle would give the Cowboys a platform for prosperity, but he must feel like Lucas Papademos, the Greek Prime Minister whose economy is heading deep south.
Without this capital support, the orderly functioning of the [Greek] banking system could not be guaranteed
The government is trying to do everything possible to make sure that financial resources reach the real economy
A decisive precondition in the efforts to finance growth is the successful completion of the procedure for recapitalizing the banks
Without this support, the banking system can't operate smoothly
The completion of this procedure and the restructuring of the banking system will create new favourable conditions for the financing of the Greek economy and in particular of small and medium size companies
Many issues can’t wait until after the elections to be addressed
I am certain that as a society we will invest in creativity, and not the opposite
Greece is in the middle of a difficult path. The choices we make will not only determine which government will be formed after the election but Greece's course in decades to come.
We are obliged as a government to hand the baton to the government that will come from the next elections.
These challenges constitute a national issue of exceptional importance whose handling must be undertaken by a government with a renewed popular mandate
Our decisions will not just be about who will be in government on the day after the vote ... They will determine the course of Greece in coming decades.
The present government has completed its work
The main goals of our government were achieved
show us the path with which we can win today's national battle to rebuild our economy
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