Papademos named PM to claw Greece out of crisis

ATHENS, (Reuters) – Greece named banker Lucas  Papademos as head of a new crisis government on Thursday, ending  the country’s chaotic search for a leader to save it from  default, bankruptcy and expulsion from the euro zone.   

A solemn Papademos called on Greeks to unite  behind him after months of divisive politicking, as he sets  about securing  a bailout from the European Union that will  impose yet more hardship on a nation already suffering soaring  unemployment.  

“The choices we make will be decisive for the Greek people.  The path will not be easy but I am convinced the problems will  be resolved faster and at a smaller cost if there is unity,  understanding and prudence,” Papademos said as he emerged from  the coalition talks brokered by President Karolos Papoulias.  
 
In a week when other European leaders started to openly  question Athens’ membership of the 17-currency bloc, the former  European Central Bank vice-president stressed Greece’s  commitment to the euro.