Step One: Papademos a respected economist named New Greek PM

"The course will not be easy," Papademos said. "But the problems, I'm convinced, will be solved. They will be solved faster, with a smaller cost and in an efficient way, if there is unity, agreement and prudence." After days and days of politicking Greece set its best foot forward. It chose a Prime Minister who served as… Continue reading Step One: Papademos a respected economist named New Greek PM

Greek politicians may reach agreement by Sunday night

One must never be surprised by the unfortunate twists and turns of politics. The head of New Democracy stormed out of Parliament Friday night vowing not to partake in a coalition government. He was accused of a heated over reaction. The next morning, he called the journalists and announced that this was not his fault… Continue reading Greek politicians may reach agreement by Sunday night

Papandreou wins vote of confidence but coalition government unlikely after head of opposition party refuses to cooperate and demands elections

It is a true wonder why final speeches are always the best. George Papandreou gave a clear and inspiring speech trying to defend his 30 year political career and his premiership during this unprecedented crisis. He spoke eloquently about how he believed in transformation and taking risks throughout his public life. He asked for a… Continue reading Papandreou wins vote of confidence but coalition government unlikely after head of opposition party refuses to cooperate and demands elections

Memo to Papandreou: Exit stage left

In all my years in politics, I have never listened to such an outrageous speech especially in a time of such serious crisis.  PM Papandreou just finished his speech to his parliamentary group explaining the events of the past few days and why he is asking for their vote of confidence on Friday. The speech was insulting… Continue reading Memo to Papandreou: Exit stage left

There is no future for Greece outside Europe

The events that are now unfolding in Greece are so tragic, unthinkable and unpredictable that one cannot but be dumbfounded. Prime Minister Papandreou’s sudden, unilateral decision to call for a referendum on whether or not Greece should stay in the Euro was shocking and reckless. The fact that political parties in Greece were appalled by… Continue reading There is no future for Greece outside Europe