LabourList | Arise the technocrats
“Another week, and another remarkable series of events in the Eurozone.
Lucas Papademos was sworn in Friday as Prime Minister of Greece, prompting a market surge. The day after, Berlusconi resigned as Italian PM, with former European Commissioner Mario Monti a probable successor. When stock markets open on Monday morning, expect a further surge – as happened when rumours circulated that Berlusconi was on the way out.”