French, German leaders stress urgency with Greece's new prime minister

As Greece swears in its new Prime Minister, French President Sarkozy and German Chancellor Merkel both congratulated the nation. However, they also cautioned the new regime to take the full action and consideration towards the commitments they have made "including implementation of an Oct. 27 bailout package brokered between former Prime Minister George Papandreou and other European leaders." Greece will not recieve further payments till they have fulfilled their conditions from the last one. Papademos has taken his seat as the new PM of Greece and he is grasping the nation at a very weak position, so how will he play his cards out, Europe waits to see.

Pooja Sahai

http://www.cnn.com/2011/11/12/world/europe/greece-main/index.html