Greeks protest appointment of new PM

Thousands of Greeks have demonstrated in the capital Athens against the appointment of a new prime minister as well as the painful austerity measures the country is adopting. - Greece's two main parties agreed to make Lucas Papademos head of a new unity government on Thursday, in an effort to save the country from the looming bankruptcy, which would force it out of the eurozone, Reuters reported. Protesters from the labor arm of the Communist Party demonstrated against Prime Minister-designate Lucas Papapdemos, saying he would follow the policies of outgoing Prime Minister George Papandreou. The protesters rallied outside the parliament building and called for new elections to solve Greece's problems. They said people do not expect anything good from the new prime minister.

Stefan Steinberg: Favorite of European banks appointed to head Greek government - The dominant sections of the ruling class in Europe are intent on imposing so-called “non-political” technocrats. Papademos and Monti have been selected precisely because they are regarded as figures who are committed to carrying out the dictates of the banks, are distant from domestic political circles, and are sufficiently contemptuous of democratic procedures.