Former ECB chief Papademos joins Greek talks

Former European Central Bank vice-president Lucas Papademos today joined Greek political leaders at power-sharing talks to form a new government, in a strong indication that he is being lined up to be the country’s new prime minister.

Mr Papademos is considered the front-runner to lead a new 15-week coalition government, tasked to secure continued bailout funding and a new €130bn rescue package for Greece from eurozone partners and the International Monetary Fund.