State TV NET and private Mega Channel, citing unidentified government sources, said Papandreou had decided to return following a consultation with Finance Minister Evangelos Venizelos.
(Some are also saying that he might call for early elections, or that the reason for his return has to do with the current crisis in the East. Med. which is almost at boiling point. Click here for that story)
In a news conference on Friday after finance ministers met in Poland to discuss the specifics of the crisis, Eurogroup chairman Jean-Claude Juncker and the European commissioner for monetary affairs, Olli Rehn, said Greece needed to stick rigidly to the commitments it has made. The inspectors interrupted their visit this month after disagreements over why Greece was behind schedule in a series of reforms and fiscal measures, including cutting civil servants’ pay, speeding up privatisations and opening up the labour market.
Greece has vowed repeatedly to do whatever it takes to stave off bankruptcy, but the government has done nothing… it is almost like they purposely want us to default. On Friday it said it would revamp the board of its statistics agency ELSTAT after two members resigned while another charged that the 2009 deficit data had been artificially inflated presented a bloated deficit. Click here for that report