According to the article on the Sunday edition of "To Paron” newspaper, our beloved PM paid the extortionate amount of 511 Euros for taxes to the Greek state, while his income was over 2.2 million euros!
During his term as vice president of the European Central Bank Mr.Papademos received non-taxable income of 250,000 to 311,000 Euros per year...
In addition, he received about 1,400 Euros per month as a professor at the University of Athens (also non-taxable).
The only taxable income of the Greek PM was 24,024.38 Euros, for which he paid the corresponding tax of 511 Euros..!
But the brave man, from the first moment of assuming the position of Prime Minister gave up all monetary compensation!
In his message to the Greek people Mr. Papademos said that “Greece is in the middle of a difficult path.” and that he pointed out the need of effective cooperation among the political forces.
"The last 5 months have shown that when faced with big problems and exceptional risks, we can finally work together, we can overcome the differences and chronic pathologies of our political life, we can make tough decisions to ensure a better future. We created a bridge of hope and opportunity." said Papademos and he added...
"...the people will choose the forces that lead the way which ensures our country's stay in the European Union and the euro"
After the resignation of Minister for Citizens’ Protection Christos Papoutsis in order to be a candidate for the leadership of PASOK, Prime Minister Papademos desided that Michalis Chryssochoides (Minister of Development and former Minister Citizens’ Protection who did not have time to read the Memorandum) should take the position of Citizens’ Protection Minister.
In addition, Minister of Education Anna Diamantopoulou left her ministry to take Mr. Chryssochoides' position in the Ministry of Development and professor of Linguistics, Mr. Giorgos Babiniotis will be in charge of the Education Ministry.
According to information, the mini reshuffle will not change the government's plans for elections at the first weeks of May.
Transport Minister Makis Voridis, Deputy Marine Minister Adonis Georgiadis, Deputy Defence Minister George Georgiou and Deputy Minister of Rural Development Asterios Rontoulis resigned from the government.
Earlier today, George Karatzaferis stated that his party has decided that they will not vote for the new austerity measures!
After a long meeting on Sunday which will be continued on Monday the office of the Prime Minister issued the following statement:
Prime Minister and the political leaders agreed on key issues which are, among others:
1) The measures in 2012 to reduce public spending by 1.5% of GDP.
2) Ensuring the sustainability of supplementary pension funds.
"Without the agreement with the troika (the European Union, the International Monetary Fund, and the European Central Bank) and the resulting funding, Greece faces an immediate danger of disorderly default in March," Lucas Papademos told union leaders and employers' federations in Athens on Wednesday.
These statements came after the demands of Troika to reduce the minimum wage and eliminate 13th and 14th wage in private sector!
Mr. Papademos urged defiant union leaders to accept further income reductions targeting workforces. He insisted that the necessary decision for the country's future must be taken before the planned mid-January visit by debt inspectors from troika which would determine whether the country can hold onto the euro or it should return to its pre-2002 currency, the drachma.
The Troika inspectors will analyse the progress of deficit-cutting plans in order to determine whether it should be presented with a next tranche of 8 billion euro before the country goes bankrupt.
According to latest information, the new Prime Minister, Lucas Papademos, is preparing a government reshuffle.
The Greek media are reporting that the national salvation government can no longer continue to function! A large number of cabinet ministers are putting their party ahead of their roles...
The race for the new leader of the Pasok party plays an important role in the dysfunction of the current government!
More specific, 34% says that the elections must be carried out on February 19, 27% soon after, 20.4% by the summer of 2012 and 11.8% at the end of the four years.
In the mean time, 55.1% has a negative impression on Papademos’ government, while the voting intention sees ND leading with 26%, PASOK at 15.1%, KKE at 11.6%, SYRIZA at 7,4%, Democratic Left at 4.6%, Ecogreens at 4%, Democratic Alliance at 1,9%, Xrysh Aygh at 1.1%, Arma Politwn at 1.1%, none of the above 3%, blank/absence 11.8% and 18% has not yet decided.
When Greeks were asked about whether they think the coalition government will succeed, 60.1% says no and 32% yes, while the stance of the new PM has a negative image for 48% and a positive one for 33.3% .
“I am here to tell you that we stand with you in solidarity as you meet some difficult requirements of the IMF and European Union - It is a difficult time for Greece and we stand ready to help in every way we can.”
Those were the words of US Vice President's Joe Biden, after a meeting with the Prime Minister of Greece Lucas Papademos.
In addition, Mr Papademos expressed his confidence that Greece can count on US support for the debt crisis.
During the meeting the two men discussed bilateral issues, focusing on economic relations between the two countries, the crisis in the eurozone and international developments in the region.
The new cabinet consists of 47 people:
Prime Minister: Lucas Papademos
Deputy Prime Minister
Evangelos Venizelos and Theodoros Pangalos
Ministry of Administrative Reform and eGovernment
Minister: Dimitris Reppas.
Deputy: Dinos Rovlias and Pantelis Tzortzakis.
Lucas Papademos will (you can never be 100% sure with these politicians) be the new Prime Minister of Greece. Mr. Papademos arrived to the Presidential Palace to join the meeting of the Political leaders with the President Karolos Papoulias.
The meeting between Papandreou, Samaras, LA.O.S party leader Karatzaferis and Karolos Papoulias at the presidential mansion started at 10:15 and is still under way. Mr. Papademos arrived at the Mansion around 12:00.
Papandreou and Samaras agreed on a coalition government – L.Papademos will probably be the new Prime Minister
The new government will implement the 26th October agreement and lead the country to elections with possible date the 19th of February 2012.
PM Papandreou will not lead the new government and the person that will probably replace him will be the former Vice President of the ECB Lucas Papademos.