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Trichet

Papademos Said to be Greece’s Interim Leader Choice

ATHENS – With the political infighting over, Greece’s interim Prime Minister to head a coalition government to enable the country to keep getting critical international loans seems likely to be former European Central Bank (ECB) Vice-President Lucas Papademos. The...

Greek Deal Must be a One Off: Trichet

The outgoing head of the European Central Bank, Jean Claude Trichet, has warned that there should be no repeat of last week's deal to reduce Greek debt. He also said that Greece should have come under greater scrutiny before it...

Nobel Winner Pissarides Says No Default, But Big Haircut

As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher Pissarides has joined the bandwagon of analysts who say the so-called “haircut” could be a...