Tuesday, November 15, 2011

New kids on the block- Greece and Italy!

Well, in case you have not heard, Greece has a new prime minister and his name is Lucas Papademos who is an economist by training and former Governor of the Central Bank in Greece. He takes over from former prime minister George Papandreou, who decided to step down amidst pressure from Greece's- and now Europe's- well know debt crisis.

And in Italy, long time prime minister and Italian export, Silvio Burlesconi, has also decided to step down as prime minister of Europe's fourth largest economy amidst similar debt related issues. His successor is Mario Monti, who is also an economist by training as is his counterpart in Greece and was a former Goldman Sach's executive.

Very interesting things indeed...
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