Prime minister George Papandreou will chair the 11th congress of his ruling PASOK party's National Council on Friday, at which greetings will be addressed by leader of the European Parliament's Progressive Alliance of Socialists and Democrats (S&D) parliamentary group Martin Schulz and president of the Party of European Socialists (PES) and former Danish prime minister Poul Nyrup Rasmussen, who are in Athens for a two-day summit of the PES leaders that opens here on Friday.

The National Council will begin with an address by Council secretary Michalis Karhimakis, followed by MP Vasso Papandreou on the euro-bond issues.

Papandreou and Rasmussen will hold a joint press conference at 5:00 p.m. at the Zappion Press Center after the conclusion of the National Council, while they will have a working dinner in the evening.