He might only be the leader for three months, but hopes ride high for Lucas Papademos, the newly appointed prime minister of Greece. He will head the financially crippled country as part of a provisional government after Prime Minister George Papandreou steps down.
After a reported five-hour debate, the government agreed to Papademos’s nomination. It was not a coup worthy of a Greek drama, but it might be an imitation of an Aaron Sorkin drama. Like the fictional President Bartlet, Papademos is an economist and Harvard professor tapped to right the listing financial ship.
Elections are slated for Feb. 19, but Papademos has asked that the elections be held later so as to have more time to negotiate a way out of the Greek debt crisis, the Wall Street Journal reports. He is expected to push the second bailout package through — something Papandreou failed to do.
Papademos earned a degree in physics at the Massachusetts Institute of Technology. He also holds a doctorate in economics, and he taught at the University of Athens, Columbia University and Harvard University.
According to his biography on the Harvard Web site, he served as a senior economist at the Federal Reserve Bank of Boston in 1980, and as vice president of the European Central Bank from 2002 to 2010.