Bloomberg News

Greece’s Pangalos Won’t Run in Next General Election

March 24, 2012

(Corrects spelling of Pangalos’s name in headline and second paragraph.)

Greek Deputy Prime Minister Theodoros Pangalos said he won’t run in the nation’s next general election, which is likely to occur in April or May.

“I will not be a candidate in the election,” Pangalos said in an interview broadcast on state-run NET TV today. “I am 74 years old and have been in parliament for 32 years.”

Pangalos told NET that Pasok and New Democracy, the country’s two largest parties currently supporting the interim government of Lucas Papademos, are unable to govern together even after they agreed to implement economic and structural reforms.

Pangalos, who holds a law and economics degree, was deputy prime minister under the government of George Papandreou and retained the post under Papademos. He has served as transport and communications, foreign and culture minister under previous Pasok governments.

To contact the reporter on this story: Tom Stoukas in Athens at astoukas@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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