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Former European Central Bank vice-president Lucas Papademos has been named as Greece's new prime minister, following days of negotiations.
- attended the Massachusetts Institute of Technology, gaining a degree in physics in 1970, a masters degree in electrical engineering in 1972, and a doctorate in economics, in 1978
- followed an academic career at Columbia University where he taught economics from 1975 until 1984, and then at the University of Athens from 1988 to 1993
- served as Senior Economist at the Federal Reserve Bank of Boston in 1980
- joined the Bank of Greece in 1985 as Chief Economist, rising to Deputy Governor in 1993 and Governor in 1994
- Vice President to Jean-Claude Trichet at the European Central Bank from 2002 to 2010
- member of the Trilateral Commission since 1998
Originally posted by Hellas
Former European Central Bank vice-president Lucas Papademos has been named as Greece's new prime minister, following days of negotiations.
BBC
- attended the Massachusetts Institute of Technology, gaining a degree in physics in 1970, a masters degree in electrical engineering in 1972, and a doctorate in economics, in 1978
- followed an academic career at Columbia University where he taught economics from 1975 until 1984, and then at the University of Athens from 1988 to 1993
- served as Senior Economist at the Federal Reserve Bank of Boston in 1980
- joined the Bank of Greece in 1985 as Chief Economist, rising to Deputy Governor in 1993 and Governor in 1994
- Vice President to Jean-Claude Trichet at the European Central Bank from 2002 to 2010
- member of the Trilateral Commission since 1998
Source
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In my opinion this is the worst that could happen. He will do good and after that he will form his own party and eventually will be voted at the National Votes early next year. And the destruction will begin...edit on 10-11-2011 by Hellas because: (no reason given)
Originally posted by Imogene72
All we wanted was our voices to be heard... Via elections... Guess that's out of the picture... Bye bye democracy, hello debtocracy....
S&Fedit on 10-11-2011 by Imogene72 because: (no reason given)
Originally posted by earth2mayavision
The Greek people are furious.
Originally posted by bluemirage5
Livestream is in Greek......anyone Greek here?
Historical Deceptions: European Union
From the World Affairs Brief:
DANGERS OF THE NEW EU AND HOW IT AFFECTS EVERYONE
The world is being enticed to join in this globalization movement with the tantalizing promised benefits of freer trade, cheaper prices and fewer barriers to impede cross-border exchanges of labor and products. But all of this, in my opinion, is merely bait luring nations into the growing control system that is being written into the fine print of the WTO, NAFTA, GATT, and the EU. Since nations are still somewhat free to abstain or withdraw from these regional organizations, globalist leaders have been careful to minimize the effects of the control aspects, which are just now getting started in earnest. Now that European nations have had a chance to taste of the (perceived) benefits of regionalization, and are committing themselves more solidly to EU membership, these control aspects will begin to attain mandatory status in the EU. A fundamental shift in sovereignty is planned, moving dramatically away from nationhood and toward regional government. The most dangerous provision proposed in the new constitution is that secession from the EU will no longer be an option. In short, opting out will no longer be an option. In the long-term as these mandatory regional laws and regulations evolve; given the current declining trend in world economies, I think we will see a diminution of free trade and an increase in calls for higher benefits, taxation, and other uniformly socialist "solutions."
As governments around the euro zone are felled by a widening sovereign debt crisis, a perceived loss of sovereignty to the IMF and the European Union is raising prickly questions of democratic legitimacy.