1. Lucas Demetrios Papademos is a Greek economist and academic who served as Prime Minister of Greece from November 2011 to May 2012, leading a national unity government in the wake of the Greek debt crisis.
15 Facts About Lucas Papademos
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Lucas Papademos was professor at Columbia University, the University of Athens, and Harvard Kennedy School at Harvard University, and is a senior fellow at the Center for Financial Studies at the University of Frankfurt.
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Lucas Papademos engaged in a career in academia, teaching economics at Columbia University from 1975 until 1984, before moving to the University of Athens in 1988.
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Lucas Papademos joined the Bank of Greece in 1985 as its chief economist, rising to the rank of deputy governor in 1993, and finally governor in 1994.
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Lucas Papademos was previously a member of the non-governmental group Trilateral Commission.
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Lucas Papademos is a member of the Academy of Athens.
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Lucas Papademos has published numerous articles in the fields of macroeconomic theory, the structure and functioning of financial markets, monetary analysis and policy, theory of chaos as well as on subjects concerning the economic performance, financial stability, financial instability and economic policy in the European Union.
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Lucas Papademos has delivered addresses on the Greek debt crisis.
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Lucas Papademos was first proposed as a potential caretaker prime minister of Greece in early November 2011, after Prime Minister George Papandreou offered to resign and allow a provisional coalition government to deal with the major political turmoil caused by the country's debt crisis.
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Lucas Papademos set two conditions upon which he would accept the offer of being prime minister of this provisional government.
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Lucas Papademos stated that his sole priority as prime minister would be to try to keep Greece within the Eurozone.
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In January 2012, Lucas Papademos warned that workers would have to accept substantial cuts in their income in order for a default to be avoided.
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In late April 2012, Lucas Papademos announced that he would ask President Karolos Papoulias to dissolve the Hellenic Parliament, paving the way for a general election to be held on 6 May 2012.
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Lucas Papademos had intended to stand down shortly after this election, but it resulted in a hung parliament.
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Lucas Papademos's driver sustained leg injuries in the attack and another passenger, a banking official, was injured.