Former ECB official likely to lead Greece

Lucas Papademos, a former deputy head of the European Central Bank, emerged on Monday as the most likely candidate to replace current Greek Prime Minister George Papandreou. A non-political figure with a strong technical background in economic affairs would lead a new government of national unity until the country heads to the polls, Papandreou and the conservative opposition agreed on Sunday. Greek leaders are now expected to choose on a new prime minister on Monday. However, former conservative finance minister Stefanos Manos told Reuters that "the new prime minister will ... not give the impression that he is in charge. Everyone will be looking to the two party leaders who will be running things behind the scenes." He added: "The civil service won’t implement any decision and everyone will be waiting for the election."

Reuters