Greek PM not calling snap elections

ATHENS, Nov 7 (BestGrowthStock) – Greek Prime Minister George
Papandreou said on Sunday he was satisfied with the outcome of
local elections and would continue reforms without calling a
snap parliamentary poll.

“Making a change is not easy. Greek people brought us to
power a year ago and today confirmed that they want this change.
We will continue with our task tomorrow,” he said in a televised
address to the nation.

Papandreou had threatened to dissolve parliament barely a
year after coming to power if the first round of the regional
elections had failed to give him a clear mandate to pursue
budget cuts and reforms agreed in May under a 110-billion-euro
($155 billion) EU/IMF bailout to save Greece from bankruptcy.

(Reporting by Harry Papachristou and Renee Maltezou; Writing
by Ingrid Melander)

Greek PM not calling snap elections