Greek prime minister drops early election threatPapandreou says voters want his government to continue trying to pull country out of severe financial crisis
By
ELENA BECATOROS
The Associated Press
|
|
ATHENS, Greece — Greece's
prime minister dropped his threat to call an early elections Sunday,
saying Greeks voting in crucial local elections had shown they wanted
his government to continue its efforts to pull the debt-ridden country
out of a severe
financial
Papandreou had vowed to call snap elections if his PASOK party fared badly in Sunday's vote for 13 regional governors and 325 mayors, billed as a referendum of the government's austerity measures. But official projections showing PASOK-backed candidates lead in seven of the country's 13 regional races in the first round of voting. A runoff vote will be held on Nov. 14 in areas where candidates do not win outright. "We know that change is not easy. But it was for this change that the Greek people brought us to power a year ago. And today it again confirmed that it wants this change," Papandreou said in live televised address to the nation. "Tomorrow we will continue our work, remaining dedicated to the great
challenge, to the salvation of country and to creating a better country
with a viable
Greece is under close supervision by the International Monetary Fund and the European Union, who have extended the cash-strapped country a three-year, euro110 billion($140 billion) package of rescue loans to save it from defaulting on its debts. In return, the government has implemented strict austerity measures, including cutting civil servants' salaries, hiking taxes and freezing pensions. Copyright 2010 The Associated Press. All rights reserved. |