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 posle preuzimanja vlasti u oktobru, Papandreuova vlada je obelodanila da će budžetski deficit zemlje u 2009. godini daleko premašiti prethodna predviđanja i popeti se na 12,7 odsto BDP-a, što je više od četiri puta preko dozvoljene gornje granice EU od 3 odsto.