NEWS

Deputy PM says elections may be delayed

Deputy Prime Minister Theodoros Pangalos has admitted that snap elections may not be held in Greece on February 19, as previously planned.

Speaking to Skai TV on Thursday, Pangalos said that the interim government may not have secured its targets, including the completion of a haircut agreement with private bondholders, by that time.

New Democracy had set snap election as one of conditions for taking part in the short-term administration.

Pangalos also suggested that former prime minister George Papandreou could continue as PASOK leader, taking the party into the next elections before a contest is held to elected a new Socialist chief.

Papandreou is under pressure from some elements of his part to stand aside this month and allow other candidates to fight it out for the party leadership.

Pangalos also confirmed that he had told the French media that Greeks who wanted the country to return to the drachma were either ?Communists, fascists or idiots.?