George A. Papandreou

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New Greek Prime Minister Papademos Has Difficult Task Ahead of Him.

Recently named Greek Prime Minister Lucas Papademos is said to be working around the clock to avert Greek default on their sovereign debt obligations. Like recently minted Italian Prime Minister Mario Monti, Lucas Papademos is a technocrat, heading Greece’s first coalition government in recent memory. Necessary austerity legislation is still wildly unpopular with the Greek […]

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Greek Prime Minister George Papandreou Resigns.

Embattled Greek Prime Minister George Papandreou has announced he will resign as soon as the composition of a unity government is decided according to multiple sources.   To read more of Demagaga’s ongoing coverage of the Greek Bailout Crisis:   Eurozone Leaders Prepare for Papandreou’s Departure.   Papandreou Comes from Greek Political Dynasty.   Greek […]

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Eurozone Leaders Prepare for Papandreou’s Departure as Greek Prime Minister.

Things are not getting easier for Papandreou as his crisis stricken government is said to be on the moves to oust him as prime minister and replace him with current finance minister, Evangelos Venizelos. Even though Papandreou survived the confidence vote at 153 to 145, he is a divisive figure incapable of uniting the nation […]

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Greek Prime Minister George Papandreou Comes from Prominent Political Family.

Greece and its Prime Minister, George Papandreou, have been at the center of the debt crisis wracking the eurozone since its beginning. In many ways, Papandreou has become the target of scorn for both Europeans and frustrated Greeks and, after narrowly surviving a confidence vote this past Friday, it is any wonder he thinks himself […]

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Greek Referendum Called Off, Military Leaders Dismissed, Government’s Collapse Feared.

Greek Prime Minister George Papandreou has called off plans for a referendum¬†on the proposed bailout package for Greece’s crippling sovereign debt but this has not shored up support for the embattled Socialist Prime Minister as his government is now expected to collapse in a confidence vote this Friday. The opposition New Democracy Party backed the […]

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