Papademos Favored to Lead Greek Transition – WSJ.com

A former vice president of the European Central Bank has emerged as an early favorite to lead what could become a new Greek caretaker government of technical experts that would finalize aid talks and stabilize the country’s fractured politics. The interim government would oversee the transition until possible new elections next year.

Officials from the country’s two leading political parties said Lucas Papademos keeps coming up as political insiders consider candidates for a prime minister of a transitional national unity government, if Prime Minister George Papandreou resigns, a possibility that is now widely expected.

via Papademos Favored to Lead Greek Transition – WSJ.com.

Worried Eyes on Greece Ahead of Confidence – NYTimes.com

[Greek Prime Minister] Mr. Papandreou was under intense pressure from his own Socialist party and the center-right opposition to step aside if his government survived the confidence vote [early Saturday], to pave the way for a unity government or early elections.

…….. New Democracy [the opposition] has refused to consider talks on a transitional government unless Mr. Papandreou resigns.

via Worried Eyes on Greece Ahead of Confidence – NYTimes.com.