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Europe
2:00 pm
Thu November 10, 2011

Greece Announces Interim Government

After keeping a nervous world waiting for days, the squabbling politicians of debt-ridden Greece finally announced a new interim government Thursday. It will be headed by a former European Central banker, Lucas Papademos, whose main task will be to ensure that Greece meets the conditions set by its European partners to receive new loan money and avoid default. That means showing that Greece will enforce austerity measures.