BREAKING NEWS

Greek PM Papandreou rules out snap elections

ATHENS - Greek Prime Minister George Papandreou on Saturday ruled out snap elections and said his government would succeed in bringing Greece out of the crisis by the end of his term in 2013.
Papandreou's socialist PASOK party is trailing in opinion polls and the government is facing a tough autumn as it tries to implement unpopular austerity measures to secure more EU/IMF funds.
"Citizens will judge us in 2013," Papandreou told members of his party at a conference marking its 37th anniversary.
"By then, we will have achieved bringing Greece out of the crisis and will have completed so many and important reforms," he said.
Political analysts see snap elections in the horizon and say the next few months are critical for the government as Greeks return from summer holidays to tougher austerity measures.