Tag Archives: Greece

Papademos set to take helm in troubled Greece

A new government headed by Lucas Papademos took office in Greece on Friday tasked with saving the debt-stricken nation from bankruptcy after a power-sharing deal struck between rival parties. The swearing-in ceremony

Greece struggles after bailout bombshell

Greek Prime Minister George Papandreou faced calls from within his own party to step down on Tuesday after he threw the nation’s euro zone membership into jeopardy by calling a referendum on