PM George Papandreou will participate in a live televised news conference on Monday. The news confernce is in regards to a bid to address voters’ fears about the state of the economy ahead of the November 7th local elections.
Sources said yesterday that Papandreou’s main aim will be to assure pensioners and civil servants that their earnings are not going to be altered again this year, even if Greece’s 2009 deficit is additionally revised. It is expected that the European Commission will confirm on November 15th that the deficit for last year was over 15% of GDP.
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