Shortly after taking office in October, Papandreou's government revealed that the country's 2009 budget deficit would far exceed previous forecasts and would rise to 12.7% of GDP, more than four times the 3% EU ceiling.
Ubrzo nakon preuzimanja vlasti u listopadu, Papandreouova vlada objavila je kako će proračunski manjak zemlje u 2009. godini daleko nadvisiti ranija predviđanja i popeti se na 12,7 posto BDP-a, više od četiri puta od dozvoljene gornje granice EU od 3 posto.