Lucas Papademos
Lucas Papademos | |
---|---|
Λουκάς Παπαδήμος | |
Prime Minister of Greece | |
In office 11 November 2011 – 16 May 2012 | |
President | Karolos Papoulias |
Deputy | Theodoros Pangalos Evangelos Venizelos |
Preceded by | George Papandreou |
Succeeded by | Panagiotis Pikrammenos |
Vice-President of the European Central Bank | |
In office 1 June 2002 – 31 May 2010 | |
President | Wim Duisenberg Jean-Claude Trichet |
Preceded by | Christian Noyer |
Succeeded by | Vítor Constâncio |
Governor of the Bank of Greece | |
In office 26 October 1994 – 31 May 2002 | |
Deputy | Panagiotis Thomopoulos |
Preceded by | Ioannis Boutos |
Succeeded by | Nikolaos Garganas |
President of the Academy of Athens | |
In office 12 January 2017 – 14 January 2018 | |
Preceded by | Zanasis Valtinos |
Succeeded by | Antonios Kounadis |
Personal details | |
Born | Lucas Demetrios Papademos 11 October 1947 Athens, Greece |
Political party | Independent |
Spouse | Shanna Ingram |
Education | Massachusetts Institute of Technology (BS, MSE, PhD) |
Signature | |
| ||
---|---|---|
Prime Minister of Greece
|
||
Lucas Demetrios Papademos (
He 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.[2]
Early life and education
Papademos was born in Athens to parents who came from the town of Desfina in Phocis.[3] After graduating from Athens College in 1966, Papademos was accepted into the Massachusetts Institute of Technology, where he gained a bachelor's degree in physics in 1970, a master's degree in electrical engineering in 1972, and a doctorate in economics in 1978.
Career as an economist
In 1975, he worked with
His work as an economist began in 1980, when he was appointed senior economist at the Federal Reserve Bank of Boston. He 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. During his time as governor of the central bank, Papademos was involved in Greece's transition from the drachma to the euro as its national currency.
After leaving the Bank of Greece in 2002, Papademos became the vice president to Wim Duisenberg, and then Jean-Claude Trichet, at the European Central Bank from 2002 to 2010. In 2010 he served as an economic advisor to Greek Prime Minister George Papandreou.[6] He was previously a member of the non-governmental group Trilateral Commission.[7][8]
He is a member of the Academy of Athens.[9] He 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
Prime Minister of Greece
Papademos was first proposed as a potential caretaker
Lucas Papademos set two conditions upon which he would accept the offer of being prime minister of this provisional government. The first, was that the new government would not have a very restricted life span as
After a week of political turmoil and negotiations between parties triggered by Papandreou's resignation, Papademos was installed as Prime Minister of Greece on 11 November 2011, unveiling his
Papademos stated that his government's primary task would be to facilitate the
In January 2012, Papademos warned that workers would have to accept substantial cuts in their income in order for a default to be avoided. He also told business and union leaders that the "troika" — the European Union, the International Monetary Fund and the ECB — was looking for Greece to take steps to open up so-called closed professions, as well as adjustments to the minimum wage, abolition of Christmas and summer vacation bonuses and automatic wage increases.[18] Papademos also declared in January that his provisional government would last until at least April, instead of February as was originally planned, so that further austerity measures could be implemented before an election.[19]
In late April 2012, Papademos announced that he would ask
Other activities
- Trilateral Commission, Member of the European Group[22]
Personal life
As of 2011, Papademos has been married to Shanna Ingram for more than 30 years.[23] They have no children.[24] Of Dutch descent, as of 2012 she was the president of the charity group Association of Friends of Children with Cancer.[25]
Assassination attempt
In Athens on 25 May 2017, a suspected letter bomb exploded within his car, causing non-life-threatening arm, leg and stomach injuries to Papademos. His driver sustained leg injuries in the attack and another passenger, a banking official, was also injured.[26]
References
- ^ "A tale of two technocrats: paths diverge for Greece and Italy". Reuters. 2012-02-03. Retrieved 2022-02-03.
- ^ "Prof Lucas Papademos", Goethe University Frankfurt Retrieved 12 November 2011.
- ^ "Ta Nea" news-paper, online edition, 7 Nov. 2011, in Greek language.
- JSTOR 2534063.
- ^ "Lucas Papademos". www.britannica.com. Retrieved 2022-07-18.
- ^ "Lucas Papademos: profile". London: The Telegraph. 3 November 2011. Retrieved 7 November 2011.
- ^ Trilateral Commission Website, European Group Members
- ^ Trilateral Commission Website, European Group Members-Update December 2011
- ^ "Harvard Kennedy School". Harvard Kennedy School. Archived from the original on 18 April 2011. Retrieved 6 November 2011.
- ^ "Lucas Papademas". Eurofi (www.eurofi.net). Archived from the original on 25 April 2012. Retrieved 7 November 2011.
- ^ "Video: The European Economic Crisis Seminar Series: The Case of Greece – Keynote". Center for Strategic and International Studies. 11 April 2011. Archived from the original on 8 November 2011. Retrieved 7 November 2011.
- ^ "Lucas Papademos named as new Greek prime minister". BBC. 10 November 2011. Retrieved 10 November 2011.
- ^ Smith, Helena (10 November 2011). "Lucas Papademos to lead Greece's interim coalition government". Guardian (UK). London. Retrieved 10 November 2011.
- ^ "Papademos sworn in, heads Greek cabinet of stalwarts". Reuters. Archived from the original on November 11, 2011. Retrieved 11 November 2011.
- ^ "Political opposition divided over unity government". e.kathemerini.com. 7 November 2011. Retrieved 11 November 2011.
- ^ "Papademos sworn in to lead party-packed Greek cabinet". Reuters. 11 November 2011. Retrieved 12 November 2011.
- ^ "Greece swears in unity cabinet and PM Lucas Papademos". BBC. 11 November 2011. Retrieved 11 November 2011.
- ^ Petrakis, Maria; Weeks, Natalie (5 January 2012). "Papademos Warns Fellow Greeks Economic Collapse Looms Without Sacrifice". Bloomberg.
- ^ "Greek elections delayed until April". 28 December 2011. Retrieved 25 May 2017.
- ^ a b "Greek president calls for technocrat government". Retrieved 25 May 2017.
- ^ "Greece to hold new election on 17 June". BBC News. 16 May 2012.
- ^ Membership Trilateral Commission.
- ^ "Vrouw van nieuwe premier Griekenland is Nederlandse" (in Dutch). Volkskrant. 11 November 2011. Retrieved 18 November 2011.
- ^ Sana Ingram – the Dutch artist behind the success of Lucas Papademos, 11 November 2011.
- ^ "Visit by Mrs. Shanna Ingram-Papademos to the Children's Oncology Unit". www.elpida.org. Retrieved 25 May 2017.
- ^ "Blast in car injures Greek ex-PM". BBC. 25 May 2017. Retrieved 25 May 2017.
External links
- Curriculum vitae at the ECB website
- BBC Profile
- Articles at Bloomberg