Topic - Lucas Papademos

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  • Greek communist party members wave party's flags after hanging banners in Greek and English denouncing EU policies under the temple of Parthenon at the Athen's Acropolis hill on Saturday, Feb. 11, 2012. (AP Photo/Petros Giannakouris)

    Greek premier defends bailout deal, painful cuts

    Warning of a "catastrophe" that would leave Greeks subsisting on food stamps and the country wallowing in bankruptcy, Greek leaders urged lawmakers Saturday to pass more painful spending cuts on the eve of a crucial vote to qualify for a massive bailout.

  • A protester throws a stone toward riot police during clashes in Athens, Friday, Feb. 10, 2012. Thousands took to the streets of Athens as unions launched a two-day general strike against planned austerity measures on Friday, a day after Greece's crucial international bailout was put in limbo by its partners in the 17-nation eurozone. (AP Photo/Petros Giannakouris)

    Greek P.M. says default would lead to 'chaos'

    Greece's future in the eurozone grew increasingly precarious Friday as violence erupted on the streets of Athens and dissent grew among its lawmakers after European leaders demanded deeper spending cuts.

  • A Greek protester holds a banner with the word "resistance'' during a 24-hour strike in Athens on Tuesday, Feb. 7, 2012. (AP Photo/Petros Giannakouris)

    Greek party leaders prepare for crucial debt talks

    Greek coalition leaders are preparing their responses to a draft deal on steep cutbacks demanded by creditors in return for a 130-billion-euro ($170 billion) bailout that will shield the country from a looming bankruptcy.

  • Greek Prime Minister Lucas Papademos, left, shakes hands with Bank of Greece governor George Provopoulos during their meeting at Maximou mansion in Athens, Friday, Nov. 18, 2011. Greece predicted Friday that its budget deficit will fall sharply next year and insisted that no fresh austerity measures will be needed to plug a hole in this year's finances. (AP Photo/Thanassis Stavrakis)

    Greece promises sharper deficit cut in 2012

    Greece predicted Friday that its budget deficit will fall sharply next year, helped by a bond writedown, and insisted that no fresh austerity measures will be needed to plug a hole in this year's finances.

  • Greek Prime Minister Lucas Papademos, left, is congratulated by former Premier socialist leader George Papandreou after his speech at Greek Parliament in Athens, Monday, Nov. 14, 2011. (AP Photo/Thanassis Stavrakis)

    Greek PM: Remaining in euro 'is only choice'

    New Greek Prime Minister Lucas Papademos said Monday he is determined to keep the country in the eurozone, but acknowledged it is set to miss its deficit reduction target this year.

  • ** FILE ** Lucas Papademos (AP Photo/Roberto Pfeil, Pool)

    New Greek cabinet sworn in

    Greece's new interim Cabinet was sworn in Friday, with former European Central Bank Vice President Lucas Papademos at its helm as prime minister and the key position of finance minister unchanged.

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