After winning a vote of confidence on November 4th, following the withdrawal of his plan to let Greeks decide whether to accept a second EU-IMF-ECB Troika bailout of 130 billion euros and more austerity measures to keep the country from going broke, Papandreou said he'd resign to make way for a coalition government.
Nakon što je dobio glasanje o poverenju 4. novembra, posle povlačenja svog plana da pusti Grke da odluče da li će prihvatiti drugi paket spasa EU-MMF-ECB u iznosu od 130 milijardi evra i nove mere štednje da zemlja ne bi bankrotirala, Papandreu je rekao da će podneti ostavku kako bi se formirala koaliciona vlada.