By editor
Originally published on Thu November 10, 2011 3:30 pm
Lucas Papademos, a former vice president at the European Central Bank, was named Greece's new prime minister. George Papandreou, the former prime minister, was pressured to resign earlier this week amid an all-out European Union crisis.
In a statement, the country's president said Papademos' chief role will be to ensure swift passage of the terms of the European Union bailout.
Read more