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New Greek prime minister vows to stick with euro
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| Contributor | Ashley |
| Last Edited | Ashley Nov 10, 2011 02:18pm |
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| Category | News |
| Author | Associated Press |
| News Date | Thursday, November 10, 2011 05:50:00 PM UTC0:0 |
| Description | ATHENS — Greece is replacing its prime minister with a banker, and Italy looks likely to do the same with an economist — both hoping that financial experts can do better than the politicians who drove the eurozone into crisis.
Thursday's political agreement in Athens after four days of dithering calmed financial markets, coupled with the prospect that volatile Italian Prime Minister Silvio Berlusconi will be leaving office sooner rather than later.
But significant challenges remain in both debt-heavy Mediterranean countries. |
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