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Papandreou Out, Papademos in

IMG Auteur
Tim Iacono
The Mess that Greenspan Made
Published : November 03rd, 2011
110 words - Reading time : less than a minute
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Category : Opinions and Analysis

 

 

 

 

Things are happening fast over in Europe as the G20 Meeting gets underway, Greek Prime Minister George Papandreou resigning just a short time ago, likely to be replaced by former ECB vice president and Bank of Greece Governor Lucas Papademos.


Here’s one of the key factors that drove that decision – some stern words from French President Nicolas Sarkozy and German Chancellor Angela Merkel about withholding future bailout money until the Greeks decide what they want to do.


http://www.youtube.com/watch?v=F155odTukXs&am...player_embedded


The Telegraph has live coverage of the latest developments and you can even leave a comment, that is, if you don’t think it might get lost amongst the 4000+ other comments.




 

 

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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