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6/21/12

Europe crisis gets a respite as Greece swears in a new government

Greece swore in conservative politician Antonis Samaras as prime minister on Wednesday, ending a six-week government crisis and offering a rare respite for the nation and the beleaguered euro currency zone – even if it didn’t address the underlying causes of Europe’s economic slide.

Samaras, a 61-year-old American-educated economist, took office at the head of an uneasy coalition that groups his center-right New Democracy party with its historic rival, the Socialist PASOK, and the Democratic Left, a small reformist party.

Looking determined and grim, Samaras lowered expectations in his first remarks as prime minister. “We will have to work hard to give our people tangible hope,” he said on emerging from the office of Greek President Karolos Papoulias.

Read more here: http://www.miamiherald.com/2012/06/20/2859267/new-government-announced-in-greece.html#storylink=cpy

Read more: Europe crisis gets a respite as Greece swears in a new government - World Wires - MiamiHerald.com

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