Monday, November 7, 2011

Wanted: prime minister

Financial Times
November 7, 2011

Wanted: a temporary prime minister for small eurozone country in distress. Must be an economist with international background, fluent in Greek. No political experience required.

George Papandreou, premier, and Antonis Samaras, leader of the opposition conservative New Democracy party, postponed naming an interim prime minister until Monday after failing to reach agreement on a suitable candidate at Sunday’s meeting.

Only a handful of candidates fit the job description for prime minister to succeed Mr Papandreou, according to senior Greek politicians.

The frontrunner is Lucas Papademos, a former vice-president of the European Central Bank, who helped steer Greece into the euro while serving as the country’s central bank governor in the 1990s.

Mr Papademos has acted at times as an unofficial adviser to the outgoing prime minister since the debt crisis erupted, but he has avoided involvement in Greek affairs since he left the ECB in May.

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